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
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- 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.
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
People of Deeksha
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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.
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.
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Venture capital investments in education sectors are managed by Kaizenvest.
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Catamaran is engaged in venture capital and private equity investments.
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Accel is recognized as a leading venture capital firm.
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Investor details for Deeksha
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Investments & Acquisitions by Deeksha
Investment portfolio details for Deeksha
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Financial Statements - Deeksha
Detailed financials for Deeksha
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Deeksha Comparisons
Peer comparison for Deeksha
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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.
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Entrance exam preparation programs are offered through education centers.
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Chain of centers offering coaching for medical & engineering entrance exams
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Government exam preparation is provided through centers and online courses.
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IITJEE coaching and exam preparation programs are offered to students.
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IIT-JEE, AIEEE, and pre-medical coaching is provided through institute chains.
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Entrance exam preparation is provided for graduate and postgraduate levels.
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Detailed competitors of Deeksha
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Latest news on Deeksha
Complete news archive for Deeksha
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Frequently Asked Questions about Deeksha
Deeksha was founded in 2008.
Deeksha is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Deeksha is a funded company, having raised a total of $8.81M across 6 funding rounds to date.
As of Apr 07, 2024, the latest employee count at Deeksha is 390.
Annual revenue of Deeksha is $10.68M as on Mar 31, 2023.
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.
Deeksha's top competitors include Aakash Educational Services, Veranda Learning and MT Educare.
Deeksha offers PU + JEE Program, PU + NEET Program, and PU + KCET Program.
Deeksha has 7 investors. Key investors include Vedantu, Accel, Kaizenvest, Catamaran, and Chandrasekar Kandasamy.
The valuation of Deeksha is $15.8M as of Jun 2014.