About Edept
Edept is a company based in Bengaluru (India) founded in 2023 by Devendra Nagle, Gaurv Bhatia, and Puneet Saxena. Edept has raised $1.35 million across 3 funding rounds from investors including Enzia, Equanimity Investments and Bhavin Pandya. The company has 30 employees as of November 30, 2024. Edept operates in a competitive market with competitors including Indian Institute Of Technology Kharagpur, KIIT, The Open University, IIIT-Delhi and Indian Institute of Technology Roorkee, among others.
- Headquarter Bengaluru, India
- Employees 30 as on 30 Nov, 2024
- Founders Devendra Nagle, Gaurv Bhatia, Puneet Saxena
- 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 B Edept Ventures Private Limited
- Date of Incorporation 14 Aug, 2023
- Jurisdiction Bangalore North, Karnataka, India
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Annual Revenue
$69.44 K (USD)0as on Mar 31, 2024
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Net Profit
-$146.62 K (USD)0as on Mar 31, 2024
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EBITDA
Not available
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Total Equity Funding
$1.35 M (USD)
in 3 rounds
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Latest Funding Round
$1 M (USD), Seed
Dec 17, 2024
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Investors
Enzia
& 5 more
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Employee Count
30
as on Nov 30, 2024
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Funding Insights of Edept
Edept has successfully raised a total of $1.35M across 3 strategic funding rounds. The most recent funding activity was a Seed round of $1 million completed in December 2024. 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 Edept
Edept has secured backing from 6 investors, including venture fund and angel investors. Prominent investors backing the company include Enzia, Equanimity Investments and Bhavin Pandya.
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Investments in healthcare, education, and environment sectors through technology-driven solutions.
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Venture capital investments in early-stage Indian startups focusing on technology and innovation.
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A diversified evergreen venture fund is managed for accredited investors.
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Investor details for Edept
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Investments & Acquisitions by Edept
Investment portfolio details for Edept
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Financial Statements - Edept
Detailed financials for Edept
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Edept Comparisons
Peer comparison for Edept
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Competitors of Edept
Edept 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 Indian Institute Of Technology Kharagpur, KIIT, The Open University, IIIT-Delhi and Indian Institute of Technology Roorkee, among others.
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Academic programs in engineering, technology, and research are provided.
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Multiple undergraduate and postgraduate programs are offered in diverse fields.
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Multiple courses and degrees are offered across diversified academic streams.
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Degrees in information technology and computer science are offered.
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College offering multiple courses and degrees
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Multiple undergraduate and postgraduate courses are offered across diversified streams.
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Detailed competitors of Edept
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Latest news on Edept
Complete news archive for Edept
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Frequently Asked Questions about Edept
Edept was founded in 2023 and raised its 1st funding round 1 year after it was founded.
Edept is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Gaurv Bhatia is the current CEO of Edept. They have also founded this company.
Edept is a funded company, having raised a total of $1.35M across 3 funding rounds to date.
As of Nov 30, 2024, the latest employee count at Edept is 30.
Annual revenue of Edept is $69.44K as on Mar 31, 2024.
It provides software solutions for the education sector. These solutions aim to streamline administrative tasks, enhance learning experiences, and improve communication between students, teachers, and parents. The software may include features such as student information systems, learning management systems, and communication platforms. The goal is to create a more efficient and effective educational environment through technology. The company focuses on developing user-friendly and intuitive interfaces to ensure ease of use for all stakeholders.
Edept's top competitors include Indian Institute Of Technology Kharagpur, IIIT-Delhi and The Open University.
Edept has 6 investors. Key investors include Enzia, Equanimity Investments, Bhavin Pandya, Arjun Mohan, and Loyal VC.
The valuation of Edept is $2.86M as of Jun 2024.