About Edurite
Edurite is a company based in Bengaluru (India) founded in 2000 was acquired by BYJU'S in July 2017.. The company has 11 employees as of March 31, 2024. Edurite operates in a competitive market with competitors including Abwaab, uLesson, Zenius, Khan Academy and Cambium Learning, among others.
- Headquarter Bengaluru, India
- Employees 11 as on 31 Mar, 2024
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Sectors
Education
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Phone
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Website
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Social
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- Legal Name Specadel Technologies Private Limited
- Date of Incorporation 29 Apr, 2010
- Jurisdiction Bangalore, Karnataka, India
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Funding Insights of Edurite
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 |
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Investors in Edurite
Edurite has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include BYJU'S. 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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Online learning programs for K-12 education are delivered.
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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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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Venture capital is directed toward companies in multiple sectors.
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Investments & Acquisitions by Edurite
| 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 - Edurite
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 |
Edurite Comparisons
Competitors of Edurite
Edurite 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 Abwaab, uLesson, Zenius, Khan Academy and Cambium Learning, 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 |
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| domain | founded_year | HQ Location |
School curriculum is tutored online through videos, quizzes, and forums.
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Provider of online learning platform for school students
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| domain | founded_year | HQ Location |
App-based courses for school subjects are delivered via mobile platforms.
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| domain | founded_year | HQ Location |
Free online micro lectures on diverse subjects are offered.
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| domain | founded_year | HQ Location |
Educational solutions and services company
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| domain | founded_year | HQ Location |
Courses on diverse topics are delivered via an online platform.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| 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 Edurite
Frequently Asked Questions about Edurite
When was Edurite founded?
Edurite was founded in 2000.
Where is Edurite located?
Edurite is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Who is the current CEO of Edurite?
Byju Raveendran is the current CEO of Edurite.
How many employees does Edurite have?
As of Mar 31, 2024, the latest employee count at Edurite is 11.
What is the annual revenue of Edurite?
Annual revenue of Edurite is $373.66K as on Mar 31, 2022.
What does Edurite do?
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.
Who are the top competitors of Edurite?
Edurite's top competitors include Abwaab, Cambium Learning and Brilliant.
Who are Edurite's investors?
Edurite has 1 investor. Key investors include BYJU'S.
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