Eckovation

Delhi, India Founded: 2015 • Age: 11 yrs Acquired By Imarticus Learning
IT Solution for Educational Institution Management
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About Eckovation

Eckovation is a company based in Delhi (India) founded in 2015 was acquired by Imarticus Learning in July 2021.. Eckovation has raised $213.22 thousand across 3 funding rounds from investors including Imarticus Learning, Manoj Vatwani and Hemant Sood. The company has 1 employees as of March 29, 2024. Eckovation operates in a competitive market with competitors including Coursera, Pluralsight, PowerSchool, upGrad and Brightwheel, among others.

  • Headquarter Delhi, India
  • Employees 1 as on 29 Mar, 2024
  • Stage Minicorn
  • Sectors
    Technology
    Education
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Eckovation Solutions Private Limited
  • Date of Incorporation 19 May, 2015
  • Jurisdiction New Delhi, Delhi, India
Operational Areas
Technology → Enterprise Software & Productivity Solutions
Education → Higher & Professional Education
Education → Education Technology (EdTech)
Key Metrics
  • Annual Revenue
    $175.37 K (USD)
    199.54
    as on Mar 31, 2023
  • Net Profit
    $33.93 K (USD)
    139.16
    as on Mar 31, 2023
  • EBITDA
    $34.89 K (USD)
    141.85
    as on Mar 31, 2023
  • Total Equity Funding
    $213.22 K (USD)

    in 3 rounds

  • Latest Funding Round
  • Investors
  • Employee Count
    1

    as on Mar 29, 2024

  • Acquired by
    Imarticus Learning

    (Jul 28, 2021)

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Funding Insights of Eckovation

Eckovation has successfully raised a total of $213.22K across 3 strategic funding rounds. 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 Rounds 3
  • Last Round
  • First Round

    (15 Sep 2015)

  • Investors Count 21
Date Amount Transaction Name Valuation Lead Investors Investors
Nov, 2018 Amount Angel Round - Eckovation Valuation Manoj Vatwani
Dec, 2016 Amount Angel Round - Eckovation Valuation Rohit Chadha
Sep, 2015 Amount Angel Round - Eckovation Valuation Rohit Chadha
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

Investors in Eckovation

Eckovation has secured backing from 22 investors, including angel investors. Prominent investors backing the company include Imarticus Learning, Manoj Vatwani and Hemant Sood. 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.

All
Angel
Investor Description Founded Year Domain Location

Manoj Vatwani

-
Founded Year Domain Location

Hemant Sood

Angel investor, founder of Findoc, focusing on fintech and startups
Founded Year Domain Location

Dharminder Singh Sandhu

-
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Eckovation

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - Eckovation

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
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

Eckovation Comparisons

Employees
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Competitors of Eckovation

Eckovation 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 Coursera, Pluralsight, PowerSchool, upGrad and Brightwheel, 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
An online platform for multi-course education is operated.
domain founded_year HQ Location
Cloud-based LMS platform for IT industry
domain founded_year HQ Location
Cloud-based software for K-12 education is provided.
domain founded_year HQ Location
Professional certification training courses are provided via an online platform.
domain founded_year HQ Location
Online platform for preschool management and parent updates is offered.
domain founded_year HQ Location
Mobile and SaaS-based platform to learn coding
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Eckovation

Frequently Asked Questions about Eckovation

When was Eckovation founded?

Eckovation was founded in 2015.

Where is Eckovation located?

Eckovation is headquartered in Delhi, India. It is registered at Delhi, Delhi, India.

Is Eckovation a funded company?

Eckovation is a funded company, having raised a total of $213.22K across 3 funding rounds to date. The company's 1st funding round was a Angel Round of $101.16K, raised on Sep 15, 2015.

How many employees does Eckovation have?

As of Mar 29, 2024, the latest employee count at Eckovation is 1.

What is the annual revenue of Eckovation?

Annual revenue of Eckovation is $175.37K as on Mar 31, 2023.

What does Eckovation do?

Eckovations flagship product Pathshala is an IT solution for management of schools and colleges. Provides all-over managerial view to school institutions administration and reports to parents about their childs performance through various channels. Founded by IIM Ahmedabad, IIT Delhi team.

Who are the top competitors of Eckovation?

Eckovation's top competitors include upGrad, Pluralsight and PowerSchool.

Who are Eckovation's investors?

Eckovation has 22 investors. Key investors include Imarticus Learning, Manoj Vatwani, Hemant Sood, Dharminder Singh Sandhu, and Mihir Somaiya.

What is Eckovation's valuation?

The valuation of Eckovation is $2.65M as of Nov 2018.

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