About Deeksha
Deeksha is a company based in Bengaluru (India) founded in 2008 by Lalit Sridhar was acquired by Vedantu in October 2022.. Deeksha has raised $8.81 million across 6 funding rounds from investors including Vedantu, Accel and Kaizenvest. The company has 390 employees as of April 07, 2024. Deeksha offers products and services including PU + JEE Program, PU + NEET Program, and PU + KCET Program. Deeksha operates in a competitive market with competitors including Career Launcher, Aakash Educational Services, Veranda Learning, Resonance Eduventures and Career Point, among others.
- Headquarter Bengaluru, India
- Employees 390 as on 07 Apr, 2024
- Founders Lalit Sridhar
- Stage Minicorn
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Sectors
Education
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Ace Creative Learning Private Limited
- Date of Incorporation 04 Apr, 2008
- Jurisdiction Bangaluru, Karnataka, India
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Annual Revenue
$10.68 M (USD)0as on Mar 31, 2023
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Net Profit
$-2.39 M (USD)0as on Mar 31, 2023
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EBITDA
$-993.16 K (USD)0as on Mar 31, 2023
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Total Equity Funding
$8.81 M (USD)
in 6 rounds
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Latest Funding Round
$1.09 M (USD), Series A
Dec 31, 2022
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Investors
Vedantu
& 6 more
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Employee Count
390
as on Apr 07, 2024
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Acquired by
Vedantu
(Oct 13, 2022)
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Products & Services of Deeksha
Deeksha offers a comprehensive portfolio of products and services, including PU + JEE Program, PU + NEET Program, and PU + KCET Program. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Two-year integrated program for board exams and JEE preparation
Integrated program combining board syllabus with NEET exam training
Two-year course for board exams and KCET entrance preparation
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Funding Insights of Deeksha
Deeksha has successfully raised a total of $8.81M across 6 strategic funding rounds. The most recent funding activity was a Series A round of $1.09 million completed in December 2022. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 6
- Last Round Series A — $1.1M
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First Round
First Round
(22 Dec 2008)
- Investors Count 7
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec, 2022 | Amount | Series A - Deeksha | Valuation | Vedantu |
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| Jun, 2014 | Amount | Series A - Deeksha | Valuation | Kaizenvest | |
| Oct, 2012 | Amount | Series A - Deeksha | Valuation | Kaizenvest |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Deeksha
Deeksha has secured backing from 7 investors, including institutional, venture fund, and angel investors. Prominent investors backing the company include Vedantu, Accel and Kaizenvest. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Venture capital investments in education sectors are managed by Kaizenvest.
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Founded Year | Domain | Location | |
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Catamaran is engaged in venture capital and private equity investments.
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Founded Year | Domain | Location | |
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Accel is recognized as a leading venture capital firm.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
|
Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Deeksha
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
|
2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Deeksha
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Deeksha Comparisons
Competitors of Deeksha
Deeksha operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Career Launcher, Aakash Educational Services, Veranda Learning, Resonance Eduventures and Career Point, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Entrance exam preparation programs are offered through education centers.
|
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| domain | founded_year | HQ Location |
Chain of centers offering coaching for medical & engineering entrance exams
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| domain | founded_year | HQ Location |
Government exam preparation is provided through centers and online courses.
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| domain | founded_year | HQ Location |
IITJEE coaching and exam preparation programs are offered to students.
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| domain | founded_year | HQ Location |
IIT-JEE, AIEEE, and pre-medical coaching is provided through institute chains.
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| domain | founded_year | HQ Location |
Entrance exam preparation is provided for graduate and postgraduate levels.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about Deeksha
When was Deeksha founded?
Deeksha was founded in 2008.
Where is Deeksha located?
Deeksha is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Is Deeksha a funded company?
Deeksha is a funded company, having raised a total of $8.81M across 6 funding rounds to date. The company's 1st funding round was a Series A of $3.81M, raised on Dec 22, 2008.
How many employees does Deeksha have?
As of Apr 07, 2024, the latest employee count at Deeksha is 390.
What is the annual revenue of Deeksha?
Annual revenue of Deeksha is $10.68M as on Mar 31, 2023.
What does Deeksha do?
Deeksha was established in 2008 in Bengaluru, India, within the education sector. Undergraduate-level entrance examination preparation is facilitated through coaching classes. Operations are centered on test preparation services for aspiring students. The company is co-founded by Lalit Sridhar, with activities based in India. Online resources are accessible via deekshalearning.com to support learning objectives.
Who are the top competitors of Deeksha?
Deeksha's top competitors include Aakash Educational Services, Veranda Learning and MT Educare.
What products or services does Deeksha offer?
Deeksha offers PU + JEE Program, PU + NEET Program, and PU + KCET Program.
Who are Deeksha's investors?
Deeksha has 7 investors. Key investors include Vedantu, Accel, Kaizenvest, Catamaran, and Chandrasekar Kandasamy.
What is Deeksha's valuation?
The valuation of Deeksha is $15.8M as of Jun 2014.
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