About Educational Initiatives
Educational Initiatives is a company based in Ahmedabad (India) founded in 2001 by Sridhar Rajagopalan and Srini Raghavan.. Educational Initiatives has raised $30.72 million across 5 funding rounds from investors including Dvara, Gaja Capital and European Union. The company has 396 employees as of April 07, 2024. Educational Initiatives offers products and services including Ei Mindspark, Ei ASSET, Ei CARES, and Ei ASSET Talent Search. Educational Initiatives operates in a competitive market with competitors including Amplify, LEAD School, EVERFI, Uchi.ru and ConveGenius, among others.
- Headquarter Ahmedabad, India
- Employees 396 as on 07 Apr, 2024
- Founders Sridhar Rajagopalan, Srini Raghavan
- 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
*********
- Legal Name Educational Initiatives Private Limited
- Date of Incorporation 22 Sep, 2000
- Jurisdiction Ahmedabad, Gujarat, India
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Annual Revenue
$12.23 M (USD)53.46as on Mar 31, 2023
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Net Profit
$764.47 K (USD)51.63as on Mar 31, 2023
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EBITDA
$984.3 K (USD)95.92as on Mar 31, 2023
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Total Equity Funding
$30.72 M (USD)
in 5 rounds
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Latest Funding Round
$4.87 M (USD), Series A
Nov 15, 2019
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Investors
Dvara
& 9 more
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Employee Count
396
as on Apr 07, 2024
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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. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
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.
Unlock access to complete
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 Total Funding
- Total Rounds 5
- Last Round Series A — $4.9M
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First Round
First Round
(06 Jul 2007)
- Investors Count 10
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov, 2019 | Amount | Series A - Educational Initiatives | Valuation | Gaja Capital |
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| Jan, 2019 | Amount | Grant - Educational Initiatives | Valuation |
investors |
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| Jul, 2018 | Amount | Series A - Educational Initiatives | Valuation | Gaja Capital |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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. 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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Investment firm partnering with entrepreneurs in India's domestic economy.
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Founded Year | Domain | Location | |
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Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability
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Founded Year | Domain | Location | |
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Provider of financial advisory services
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Educational Initiatives
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Educational Initiatives
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Educational Initiatives Comparisons
Competitors of Educational Initiatives
Educational Initiatives 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 Amplify, LEAD School, EVERFI, Uchi.ru and ConveGenius, 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 |
High-quality K-12 curriculum and assessments are provided by Amplify.
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| domain | founded_year | HQ Location |
Integrated edtech systems are provided for K-12 schools.
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| domain | founded_year | HQ Location |
Online courses for workplace, higher, and school education are offered.
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| domain | founded_year | HQ Location |
Online courses and gamified tasks for school students are provided.
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| domain | founded_year | HQ Location |
AI-powered platforms are developed for personalized educational learning and assessments.
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| domain | founded_year | HQ Location |
School transformation solutions with content and technology are provided.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Educational Initiatives
Frequently Asked Questions about Educational Initiatives
When was Educational Initiatives founded?
Educational Initiatives was founded in 2001 and raised its 1st funding round 6 years after it was founded.
Where is Educational Initiatives located?
Educational Initiatives is headquartered in Ahmedabad, India. It is registered at Ahmedabad, Gujarat, India.
Who is the current CEO of Educational Initiatives?
Pranav Kothari is the current CEO of Educational Initiatives.
Is Educational Initiatives a funded company?
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 Series A of $25M, raised on Jul 06, 2007.
How many employees does Educational Initiatives have?
As of Apr 07, 2024, the latest employee count at Educational Initiatives is 396.
What is the annual revenue of Educational Initiatives?
Annual revenue of Educational Initiatives is $12.23M as on Mar 31, 2023.
What does Educational Initiatives do?
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.
Who are the top competitors of Educational Initiatives?
Educational Initiatives's top competitors include LEAD School, Amplify and ConveGenius.
What products or services does Educational Initiatives offer?
Educational Initiatives offers Ei Mindspark, Ei ASSET, Ei CARES, and Ei ASSET Talent Search.
Who are Educational Initiatives's investors?
Educational Initiatives has 10 investors. Key investors include Dvara, Gaja Capital, European Union, Deepali Bhagat, and Rashmikant Bhalodia.
What is Educational Initiatives's valuation?
The valuation of Educational Initiatives is $38.13M as of Nov 2019.