Dron Study

Surat, India Founded: 2013 • Age: 13 yrs Minicorn
Online study materials and tutoring are provided for school students.

About Dron Study

Dron Study is an Education company based in Surat (India) founded in 2013. Online study materials and tutoring are provided for school students. Dron Study has raised $29.31 thousand across 1 funding round from investors including GSV and Rajesh Kachroo. Dron Study was last valued at $4.8 million in July 2019. Its Indian entity Dron Study Private Limited reported revenue of β‚Ή1.58 Cr. Its focus areas include EdTech, K-12 EdTech, B2C Learning Solutions and School Curriculum.

Company details

Dron Study was founded in 2013 in Surat, India, within the education sector. Online tutoring and resources are offered to school students through subscription-based access to courses that include video lectures and study materials. Additional distribution of video lectures and materials occurs via pen drives. Operations focus on digital and physical delivery to support student learning needs.

Key Metrics
  • Annual Revenue
    ₹1.58 Cr

    FY 2020 · -4% YoY

  • Net Loss
    -₹72.7 Lakh

    FY 2020 · -46% margin

  • EBITDA
    -₹70.4 Lakh

    FY 2020 · -45% margin

  • Total Equity Funding
    $29.31K (USD)

    in 1 rounds

  • Latest Funding Round
    $29.31K (USD), Seed

    Jul 2019

  • Investors
    GSV

    & 1 more

Funding Insights of Dron Study

Dron Study has successfully raised a total of $29.31K through 1 strategic funding round. The most recent funding activity was a Seed round of $29.31 thousand completed in July 2019. 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 $29,305
  • Total Rounds 1
  • Last Round Seed β€” $29,305
  • First Round $29,305

    (Jul 2019)

  • Investors Count 2

All 1 funding rounds of Dron Study with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Jul 2019$29,305Seed$4.8MGSV
Valuation history
DateValuationStage
Jul 2019$4.8Mβ€’β€’β€’β€’β€’β€’β€’β€’

Last known valuation $4.8M (Jul 2019). 2 investors in total: 1 institutional and 1 angel.

Investors in Dron Study

Dron Study has secured backing from 2 investors, including venture fund and angel investors. Prominent investors backing the company include GSV and Rajesh Kachroo.

All
Venture Fund
Angel
InvestorDescriptionFounded YearDomainLocation
Venture capital firm focused on early-stage companies
gauravsinghviventures.comSurat, India

Rajesh Kachroo

unknown_a0367d745db7475eb
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Investor details for Dron Study

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Board of directors of Dron Study Private Limited (Dron Study)

Dron Study Private Limited is the primary company behind Dron Study. The board of Dron Study Private Limited currently have 3 directors; the longest-serving is Swati Agrawal, appointed in 2015. 1 earlier director has ceased.

DirectorDesignationAppointedTenureEntity
Swati Agrawal
DIN 07240735
Director28 Aug 201511 yrs 1 moDron Study Private Limited
Neetin Agrawal
DIN 07240732
Director28 Aug 201511 yrs 1 moDron Study Private Limited
Guljari Lal Agrawal
DIN 07345494
Director02 Dec 201510 yrs 10 moDron Study Private Limited

Financials of Dron Study

Figures of Dron Study Private Limited, the primary company behind Dron Study, for FY 2020. Revenue was ₹1.58 Cr (-4% year on year). Net loss was -₹72.7 Lakh (-46% margin). EBITDA was -₹70.4 Lakh (-45% margin). Revenue has grown at a compounded annual rate of +24% over three years.

  • ₹1.58 CrRevenue · FY 2020 · -4% YoY
  • -₹72.7 LakhNet loss · -46% margin
  • -₹70.4 LakhEBITDA · -45% margin
  • ₹2.1 LakhPaid-up capital
  • +24%Revenue CAGR, 3 years

Balance sheet, profit and loss, cash flow and ratios of Dron Study Private Limited are on its company page.

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Detailed financial statements for Dron Study

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Timeline of Dron Study

3 dated milestones of Dron Study across 6 years, from founding to its latest funding, stage changes and deals.

  1. Founded Dron Study is founded.
  2. Funding First funding round of $29K.
  3. Milestone Reaches Minicorn status.

Web traffic of Dron Study

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Verified entity values are shown only after access is granted.

Top companies in Education Technology Platforms

3 companies that operate in the same segment as Dron Study (Education Technology Platforms) in India, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Online educational resources and test preparation for exams are provided.
2016Noida, Uttar Pradesh, IndiaUSD 275 MUSD 415.66 M15,046
AI-powered robots are provided as companions for children.
2015Mumbai, Maharashtra, IndiaUSD 107.78 M
Integrated edtech systems are provided for K-12 schools.
2012Mumbai, Maharashtra, IndiaUSD 172.33 MUSD 43.22 M1,140
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Related news about Dron Study

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Frequently Asked Questions about Dron Study

Dron Study was founded in 2013 and raised its 1st funding round 6 years after it was founded.

Dron Study is headquartered in Surat, India. It is registered at Surat, Gujarat, India.

Dron Study is a funded company, having raised a total of $29.31K across 1 funding round to date. The company's 1st funding round was a Seed of $29.31K, raised on Jul 2019.

The primary company behind Dron Study, Dron Study Private Limited, reported revenue of β‚Ή1.58 Cr for FY 2020, down 4% year on year.

Dron Study was founded in 2013 in Surat, India, within the education sector. Online tutoring and resources are offered to school students through subscription-based access to courses that include video lectures and study materials. Additional distribution of video lectures and materials occurs via pen drives. Operations focus on digital and physical delivery to support student learning needs.

Dron Study has 2 investors. Key investors include GSV, and Rajesh Kachroo.

The valuation of Dron Study is $4.8M as of Jul 2019.

Dron Study operates through Dron Study Private Limited.

The legal entities of Dron Study currently have 3 directors, including Swati Agrawal, Guljari Lal Agrawal, Neetin Agrawal.

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