About Edurite
Edurite is an Education company based in Bengaluru (India) founded in 2000, and was acquired by BYJU'S in July 2017. Online courses and educational CDs for K-12 education are provided. The company has 11 employees. Its chief executive, as recorded, is Byju Raveendran. Its Indian entity Specadel Technologies Private Limited reported revenue of ₹3.09 Cr. The company was acqui-hired. Its focus areas include EdTech, K-12 EdTech, B2C Learning Solutions and School Curriculum.
Company details
Edurite was founded in 2000 in Bengaluru, India, within the education sector focused on K-12 learning. Class- and subject-specific online courses are delivered, alongside worksheets for student practice. Educational content is also distributed via CDs, DVDs, and USB drives to support curriculum-based studies in the region.
- Headquarters Bengaluru, India
- Employees 11
- Stage Acquired
- SectorsEducation
- Website edurite.com
- Social LinkedIn X
- Acquired by BYJU'S (Jul 2017)
- Legal Name Specadel Technologies Private Limited
- Date of Incorporation 29 Apr, 2010
- Jurisdiction Bangalore, Karnataka, India
Associated legal entities of Edurite
Edurite operates through Specadel Technologies Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2022) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Specadel Technologies Private Limited CIN U72200KA2010PTC053421 | Active | 29 Apr 2010 | Bangalore, Karnataka | ₹3.1 Cr | 11 | 2 | View details |
Investors in Edurite
Edurite has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include BYJU'S.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Online learning programs for K-12 education are delivered. | 2011 | byjus.com | Bengaluru, India |
Investor details for Edurite
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Board of directors of Specadel Technologies Private Limited (Edurite)
Specadel Technologies Private Limited is the primary company behind Edurite. The board of Specadel Technologies Private Limited currently have 2 directors; the longest-serving is Byju Raveendran, appointed in 2015. 4 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Byju Raveendran DIN 03408398 | Director | 06 Feb 2015 | 11 yrs 9 mo | Specadel Technologies Private Limited |
| Riju Ravindran DIN 03416072 | Director | 06 Feb 2015 | 11 yrs 9 mo | Specadel Technologies Private Limited |
People of Edurite
1 people are tracked at Edurite (1 in leadership); the tracked headcount is 11.
| Name | Role | Group |
|---|---|---|
| CEO | Leadership |
Complete people profiles for Edurite
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Financials of Edurite
Figures of Specadel Technologies Private Limited, the primary company behind Edurite, for FY 2022. Revenue was ₹3.09 Cr (-6% year on year). Net loss was -₹4.49 Cr (-145% margin). EBITDA was -₹2.71 Cr (-88% margin). Revenue has grown at a compounded annual rate of -45% over three years and +143% over five years.
- ₹3.09 CrRevenue · FY 2022 · -6% YoY
- -₹4.49 CrNet loss · -145% margin
- -₹2.71 CrEBITDA · -88% margin
- ₹22.7 LakhPaid-up capital
- 11Employees (provident fund records)
- -45%Revenue CAGR, 3 years
- +143%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Specadel Technologies Private Limited are on its company page.
Detailed financial statements for Edurite
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Timeline of Edurite
2 dated milestones of Edurite across 17 years, from founding to its latest funding, stage changes and deals.
- Founded Edurite is founded.
- Exit Acquired by BYJU'S.
Web traffic of Edurite
Websites that share an audience with Edurite (edurite.com).
Websites whose visitors overlap most with Edurite. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
classontheweb.com | classontheweb.com | 100% | – | ||
learnnext.com | learnnext.com | 99% | #2,345,593 | – | |
digiclass.in | digiclass.in | 98% | – | ||
| tutorvista.com | 62% | View details | |||
ignou.ac.in | ignou.ac.in | 46% | #6,759 | – | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 9 similar websites and full traffic analytics for Edurite
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- 9 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
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Top companies in Education Technology Platforms
3 companies that operate in the same segment as Edurite (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 45.8 M | 1,140 |
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Related news about Edurite
Complete news archive for Edurite
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Frequently Asked Questions about Edurite
Edurite was founded in 2000.
Edurite is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Byju Raveendran is the CEO of Edurite, as recorded in our data.
Edurite has 11 employees.
The primary company behind Edurite, Specadel Technologies Private Limited, reported revenue of ₹3.09 Cr for FY 2022, down 6% year on year.
Edurite was founded in 2000 in Bengaluru, India, within the education sector focused on K-12 learning. Class- and subject-specific online courses are delivered, alongside worksheets for student practice. Educational content is also distributed via CDs, DVDs, and USB drives to support curriculum-based studies in the region.
Edurite has 1 investor. Key investors include BYJU'S.
Edurite operates through Specadel Technologies Private Limited.
Yes. Edurite was acquired by BYJU'S in July 2017.
The legal entities of Edurite currently have 2 directors, including Byju Raveendran, Riju Ravindran.