About Eduncle
Eduncle is a company based in Kota (India) founded in 2016 by Harshit Goyal and Amit Pareek. It operates as a Subscription Services, Freemium, and EduTech. Eduncle has raised $1 million across 1 funding round from investors including Mumbai Angels, Rabbit Mart and Enview. The company has 10 employees as of April 08, 2024. Eduncle offers products and services including Online Study Material, Test Series, and Doubt Solving. Eduncle operates in a competitive market with competitors including Unacademy, BYJU'S, Toppr, Toprankers and HLT, among others.
- Headquarter Kota, India
- Employees 10 as on 08 Apr, 2024
- Founders Harshit Goyal, Amit Pareek
- 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 Eduncle India Pvt. Ltd.
- Date of Incorporation 23 Feb, 2016
- Jurisdiction Kota, Rajasthan, India
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Annual Revenue
$630.5 K (USD)-13.04as on Mar 31, 2023
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Net Profit
-$310.28 K (USD)36.96as on Mar 31, 2023
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EBITDA
-$243.38 K (USD)31.24as on Mar 31, 2023
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Total Equity Funding
$1 M (USD)
in 1 rounds
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Latest Funding Round
$1 M (USD), Seed
Dec 15, 2021
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Investors
Mumbai Angels
& 91 more
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Employee Count
10
as on Apr 08, 2024
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Products & Services of Eduncle
Eduncle offers a comprehensive portfolio of products and services, including Online Study Material, Test Series, and Doubt Solving.
Comprehensive notes and resources for exam preparation are provided.
Mock tests and practice papers for exams are offered.
Queries are resolved by experts within 24 hours.
Funding Insights of Eduncle
Eduncle has successfully raised a total of $1M through 1 strategic funding round. The most recent funding activity was a Seed round of $1 million completed in December 2021. 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 Eduncle
Eduncle has secured backing from 92 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Mumbai Angels, Rabbit Mart and Enview.
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Early-stage venture investments are facilitated by Mumbai Angels network.
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Private equity firm focused on multiple sectors
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Private equity firm focused on multiple sectors
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Investor details for Eduncle
Investor domains, locations, round participation, and complete history require an active premium plan.
- Investor domains
- Investor locations
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Verified entity values are shown only after access is granted.
Investments & Acquisitions by Eduncle
Investment portfolio details for Eduncle
Portfolio company identities, transaction dates, round details, and investment values require an active premium plan.
- Portfolio identities
- Transaction dates
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- Investment values
Verified entity values are shown only after access is granted.
Financial Statements - Eduncle
Detailed financials for Eduncle
Historical revenue, profit, statement rows, ratios, and trend charts require an active premium plan.
- Historical revenue
- Profit trends
- Statement rows
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Eduncle Comparisons
Peer comparison for Eduncle
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- Named peers
- Headcount comparison
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- Operating benchmarks
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Competitors of Eduncle
Eduncle 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 Unacademy, BYJU'S, Toppr, Toprankers and HLT, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Online educational resources and courses for exam preparation are provided.
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Online learning programs for K-12 education are delivered.
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Mobile and SaaS-based platform providing e-learning and test preparation platform for students
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Edtech organization that provides career discovery and preparation solutions to high school students
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Mobile apps for exam preparation in various fields are provided.
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AI-powered education solutions for K-12 and exam preparation are delivered.
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Detailed competitors of Eduncle
Competitor domains, locations, full profiles, and operating metrics require an active premium plan.
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- Full company profiles
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Latest news on Eduncle
Complete news archive for Eduncle
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Frequently Asked Questions about Eduncle
Eduncle was founded in 2016 and raised its 1st funding round 5 years after it was founded.
Eduncle is headquartered in Kota, India. It is registered at Kota, Rajasthan, India.
Amit Pareek is the current CEO of Eduncle. They have also founded this company.
Eduncle is a funded company, having raised a total of $1M across 1 funding round to date.
As of Apr 08, 2024, the latest employee count at Eduncle is 10.
Annual revenue of Eduncle is $630.5K as on Mar 31, 2023.
Eduncle is focused on delivering affordable and career-oriented learning solutions for college students across India. Comprehensive online study materials, test series, and doubt-solving services are provided for various competitive exams such as GATE, IIT JAM, UGC NET, CSIR NET, IBPS, SSC, and RRB. A hybrid learning model combining offline and online methods is utilized to ensure accessible education. Support is extended through mentorship, faculty guidance, and a dedicated app for anytime learning. The mission is centered on empowering students in their hometowns with quality education resources.
Eduncle offers Online Study Material, Test Series, and Doubt Solving.
Eduncle has 92 investors. Key investors include Mumbai Angels, Rabbit Mart, Enview, NK Securities Research, and Karekeba Ventures.
The valuation of Eduncle is $7.06M as of Dec 2021.