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
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- 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.
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.
People of Educational Initiatives
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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.
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.
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Investment firm partnering with entrepreneurs in India's domestic economy.
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Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability
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Provider of financial advisory services
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Investor details for Educational Initiatives
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Investments & Acquisitions by Educational Initiatives
Investment portfolio details for Educational Initiatives
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Financial Statements - Educational Initiatives
Detailed financials for Educational Initiatives
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Educational Initiatives Comparisons
Peer comparison for Educational Initiatives
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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.
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High-quality K-12 curriculum and assessments are provided by Amplify.
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Integrated edtech systems are provided for K-12 schools.
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Online courses for workplace, higher, and school education are offered.
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Online courses and gamified tasks for school students are provided.
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AI-powered platforms are developed for personalized educational learning and assessments.
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School transformation solutions with content and technology are provided.
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Detailed competitors of Educational Initiatives
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Latest news on 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 current CEO of Educational Initiatives.
Educational Initiatives is a funded company, having raised a total of $30.72M across 5 funding rounds to date.
As of Apr 07, 2024, the latest employee count at Educational Initiatives is 396.
Annual revenue of Educational Initiatives is $12.23M as on Mar 31, 2023.
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, Amplify and ConveGenius.
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.