About Educational Initiatives
Educational Initiatives is an Education company based in Ahmedabad (India) founded in 2001 by Sridhar Rajagopalan and Srini Raghavan. Online platform providing learning solutions for school students. Educational Initiatives has raised $30.72 million across 5 funding rounds from investors including Dvara, Gaja Capital and European Union. The company has 404 employees. Educational Initiatives was last valued at $38.13 million in November 2019. Its chief executive, as recorded, is Pranav Kothari. Its website ei.study draws about 60 thousand monthly visits. Its Indian entity Educational Initiatives Private Limited reported revenue of ₹159 Cr. Educational Initiatives offers products and services including Ei Mindspark, Ei ASSET, Ei CARES, and Ei ASSET Talent Search. Its focus areas include EdTech, K-12 EdTech, B2B2C Learning Solutions and School Curriculum. Its competitors include LEAD School, ConveGenius and Eupheus Learning; 3 of its 3 listed competitors have raised funding.
Company details
Educational Initiatives was founded in 2001 in Ahmedabad, India, and operates as an online platform in the education sector. Learning solutions tailored for school students are provided, including Mindspark for curriculum-aligned instruction and Asset for assessment management. Additional tools support educational needs, with operations focused on digital delivery across the region.
- Headquarters Ahmedabad, India
- Employees 404
- Founders Sridhar Rajagopalan, Srini Raghavan
- Stage Minicorn
- SectorsEducation
- Email••••••••
- Phone•••• ••••
- Website ei.study
- Social LinkedIn X Facebook Instagram YouTube
- Legal Name Educational Initiatives Private Limited
- Date of Incorporation 22 Sep, 2000
- Jurisdiction Ahmedabad, Gujarat, India
- Annual Revenue₹159 Cr
FY 2026 · +2% YoY
- Net Profit₹7.99 Cr
FY 2026 · 5% margin
- EBITDA₹19.18 Cr
FY 2026 · 12% margin
- Total Equity Funding$30.72M (USD)
in 5 rounds
- Latest Funding Round$4.87M (USD), Series A
Nov 2019
- InvestorsDvara
& 9 more
- Employee Count404
Associated legal entities of Educational Initiatives
Educational Initiatives operates through Educational Initiatives Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2026) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Educational Initiatives Private Limited CIN U80211GJ2000PTC038692 | Active | 22 Sep 2000 | Ahmadabad City, Gujarat | ₹159 Cr | 396 | 7 | View details |
Products & Services of Educational Initiatives
Educational Initiatives offers a comprehensive portfolio of products and services, including Ei Mindspark, Ei ASSET, Ei CARES, and Ei ASSET Talent Search.
Personalized software for improving math and reading skills.
Tests student scholastic skills and benchmarks performance.
Assists teachers with topic-wise student understanding assessments.
Identifies academic potential through specialized evaluations.
Apps and channels of Educational Initiatives
its YouTube channel Ei_Study has 71.7K subscribers and 30 videos.
Videos from Educational Initiatives
The most watched videos on Educational Initiatives's YouTube channel, Ei_Study (71.7K subscribers). Click a video to play it here.
More on Ei_Study.
Funding Insights of Educational Initiatives
Educational Initiatives has successfully raised a total of $30.72M across 5 strategic funding rounds. The most recent funding activity was a Series A round of $4.87 million completed in November 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 $30.72M
- Total Rounds 5
- Last Round Series A — $4.87M
- First Round $321,503
(Jul 2007)
- Investors Count 10
All 5 funding rounds of Educational Initiatives with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov 2019 | $4.87M | Series A | $38.13M | Gaja Capital | – |
| Jan 2019 | $54,675 | Grant | – | – | |
| Jul 2018 | $25M | Series A | – | Gaja Capital | – |
| Jan 2008 | $534,488 | Seed | $29.19M | Dvara | |
| Jul 2007 | $321,503 | Angel Round | $••••• | Rashmikant Bhalodia, Rajnikant Patel |
| Date | Valuation | Stage |
|---|---|---|
| Nov 2019 | $38.13M | •••••••• |
| Jan 2008 | $29.19M | •••••••• |
| Jul 2007 | $••••• | •••••••• |
Full valuation and stage history of Educational Initiatives
Every valuation point, the growth-stage changes (minicorn, soonicorn, unicorn) and the dates behind them require an active premium plan.
- All valuation points
- Stage changes
- Dates
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Verified entity values are shown only after access is granted.
Last known valuation $38.13M (Nov 2019). 10 investors in total: 3 institutional and 7 angel.
Investors in Educational Initiatives
Educational Initiatives has secured backing from 10 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Dvara, Gaja Capital and European Union.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Investment firm partnering with entrepreneurs in India's domestic economy. | 2004 | gajacapital.com | Mumbai, India | |
Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability | 1958 | europa.eu | Brussels, Belgium | |
Provider of financial advisory services | 2008 | dvara.com | Chennai, India | |
DB Deepali Bhagat | unknown_fdbff54429d84fc38 | |||
RB Rashmikant Bhalodia | unknown_7dcbc24ef0f44b79b | |||
RP Rajnikant Patel | unknown_cbd0236e9d05440db | |||
NP Navinchandra Patel | unknown_b18c6a32d549445da | |||
RP Rajeshkumar Patel | unknown_8135b1cfc97c4bbcb | |||
SK Sunil Khairnar | unknown_95333e48c4c64677a | |||
AS Anuradha Sunil | unknown_d8edb1dc008c4af7b |
Investor details for Educational Initiatives
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
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Board of directors of Educational Initiatives Private Limited (Educational Initiatives)
Educational Initiatives Private Limited is the primary company behind Educational Initiatives. The board of Educational Initiatives Private Limited currently have 7 directors; the longest-serving is Sridhar Rajagopalan, appointed in 2000. 12 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Sridhar Rajagopalan DIN 00024859 | Director | 22 Sep 2000 | 26 yrs 1 mo | Educational Initiatives Private Limited |
| Srinivasan Raghavan DIN 01879735 | Director | 12 Aug 2016 | 10 yrs 2 mo | Educational Initiatives Private Limited |
| Imran Jafar DIN 03485628 | Director | 26 Jul 2018 | 8 yrs 3 mo | Educational Initiatives Private Limited |
| Gopal Jain DIN 00032308 | Director | 26 Jul 2018 | 8 yrs 3 mo | Educational Initiatives Private Limited |
| Pranav Deepakkumar Kothari DIN 00385486 | Director | 01 Nov 2021 | 5 yrs | Educational Initiatives Private Limited |
| Shikhar Neelkamal Malhotra DIN 00779720 | Director | 29 Feb 2024 | 2 yrs 8 mo | Educational Initiatives Private Limited |
| Dheeraj Prasad Devata DIN 11074697 | Director | 23 May 2025 | 1 yr 5 mo | Educational Initiatives Private Limited |
People of Educational Initiatives
22 people are tracked at Educational Initiatives (9 in leadership, 13 in team); the tracked headcount is 404.
| Name | Role | Group |
|---|---|---|
| Co-Founder | Leadership | |
Srini Raghavan | Co-Founder | Leadership |
| CEO | Leadership | |
Girish Raichandani | Chief Financial Officer | Leadership |
Kannan Perumal | Chief Technology Officer, And Product Head | Leadership |
Subhash Bansiwal | Chief Human Resources Officer | Leadership |
Aarthi Muralidharan | Senior Vice President - Product Management | Leadership |
Gayatri Vaidya | Associate Vice President, Ei-shiksha | Leadership |
Ritesh Agarwal | Vice President | Leadership |
Swarnali Chakraborty | Manager, Brand Communications And PR | Team |
Amitsinh Chavda | Data Engineering Manager | Team |
Amrita Gaurav | Senior UX Designer | Team |
Sajan Thareja | Manager- Programme Implimentation (north) | Team |
Archana Hemant Bhagatsinh | Program Delivery Manager | Team |
Vishwanath Sharma | Lead Interactive Developer | Team |
Rajvi Thakkar | Senior Finance Manager | Team |
Prashant Kapoor | Associate Manager (data Engineering) | Team |
Rahul Mathur | Software Development Manager | Team |
Mahender Mamilla | Senior Software Engineer | Team |
Sanjay Boghani | Infra Engineer | Team |
2 more people are available in the full profile.
Complete people profiles for Educational Initiatives
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Financials of Educational Initiatives
Figures of Educational Initiatives Private Limited, the primary company behind Educational Initiatives, for FY 2026. Revenue was ₹159 Cr (+2% year on year). Net profit was ₹7.99 Cr (5% margin). EBITDA was ₹19.18 Cr (12% margin). Revenue has grown at a compounded annual rate of +16% over three years and +25% over five years.
- ₹159 CrRevenue · FY 2026 · +2% YoY
- ₹7.99 CrNet profit · 5% margin
- ₹19.18 CrEBITDA · 12% margin
- ₹1.03 CrPaid-up capital
- 396Employees (provident fund records)
- +16%Revenue CAGR, 3 years
- +25%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Educational Initiatives Private Limited are on its company page.
Detailed financial statements for Educational Initiatives
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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- Downloads
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Timeline of Educational Initiatives
4 dated milestones of Educational Initiatives across 18 years, from founding to its latest funding, stage changes and deals.
- Founded Educational Initiatives is founded.
- Funding First funding round of $322K.
- Milestone Reaches Minicorn status.
- Funding Latest funding round, Series A, of $4.9M.
Competitors of Educational Initiatives
Educational Initiatives has 3 listed competitors in our database, 3 of them funded. They include LEAD School, ConveGenius and Eupheus Learning.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| leadschool.in | 2012 | Mumbai, India | $172.33M | 1,141 | Integrated edtech systems are provided for K-12 schools. | |
| convegenius.com | 2013 | Noida, India | $16.04M | 436 | AI-powered platforms are developed for personalized educational learning and assessments. | |
| eupheus.in | 2017 | Delhi, India | $29.1M | 328 | School transformation solutions with content and technology are provided. |
Detailed competitors of Educational Initiatives
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Web traffic of Educational Initiatives
The website of Educational Initiatives (ei.study) receives about 60.3K visits a month.
- Monthly visits60.3K
▲ 50.2% vs previous month
Websites whose visitors overlap most with Educational Initiatives. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| assetdynamic.com | 100% | #188,859 | View details | ||
| olympiadsuccess.com | 80% | 83.9K | #419,008 | View details | |
| practice-olympiad.com | 71% | #810,425 | View details | ||
| mindspark.in | 71% | 401.9K | #39,012 | View details | |
educationforallinindia.com | educationforallinindia.com | 66% | #515,066 | – | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 16 similar websites and full traffic analytics for Educational Initiatives
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- 16 similar websites
- Audience overlap
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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 Educational Initiatives (Education Technology Platforms) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Online educational resources and test preparation for exams are provided. | 2016 | Noida, Uttar Pradesh, India | USD 275 M | USD 415.66 M | 15,046 | |
AI-powered robots are provided as companions for children. | 2015 | Mumbai, Maharashtra, India | USD 107.78 M | |||
Integrated edtech systems are provided for K-12 schools. | 2012 | Mumbai, Maharashtra, India | USD 172.33 M | USD 43.22 M | 1,140 |
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Related news about Educational Initiatives
Complete news archive for Educational Initiatives
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Frequently Asked Questions about Educational Initiatives
Educational Initiatives was founded in 2001 and raised its 1st funding round 6 years after it was founded.
Educational Initiatives is headquartered in Ahmedabad, India. It is registered at Ahmedabad, Gujarat, India.
Pranav Kothari is the CEO of Educational Initiatives, as recorded in our data.
Educational Initiatives is a funded company, having raised a total of $30.72M across 5 funding rounds to date. The company's 1st funding round was a Angel Round of $321.5K, raised on Jul 2007.
Educational Initiatives has 404 employees.
The primary company behind Educational Initiatives, Educational Initiatives Private Limited, reported revenue of ₹159 Cr for FY 2026, up 2% year on year.
Educational Initiatives was founded in 2001 in Ahmedabad, India, and operates as an online platform in the education sector. Learning solutions tailored for school students are provided, including Mindspark for curriculum-aligned instruction and Asset for assessment management. Additional tools support educational needs, with operations focused on digital delivery across the region.
Educational Initiatives's top competitors include LEAD School, ConveGenius and Eupheus Learning.
Educational Initiatives offers Ei Mindspark, Ei ASSET, Ei CARES, and Ei ASSET Talent Search.
Educational Initiatives has 10 investors. Key investors include Dvara, Gaja Capital, European Union, Deepali Bhagat, and Rashmikant Bhalodia.
The valuation of Educational Initiatives is $38.13M as of Nov 2019.
Educational Initiatives operates through Educational Initiatives Private Limited.