About EduStoke
EduStoke is a company based in Bengaluru (India) founded in 2016 by Rohit Malik and Pawas Tyagi.. EduStoke has raised $686.67 thousand across 1 funding round from investors including Indus Initiatives, Amit Kumar Sinha and Sayuj Golcha. The company has 66 employees as of April 09, 2024. EduStoke operates in a competitive market with competitors including Gurucool, Ezyschooling, Intelli Admissions, School Guru and Promise Kuwait, among others.
- Headquarter Bengaluru, India
- Employees 66 as on 09 Apr, 2024
- Founders Rohit Malik, Pawas Tyagi
- 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 Edustoke Private Limited
- Date of Incorporation 06 Sep, 2016
- Jurisdiction Bangalore, Karnataka, India
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Annual Revenue
$794.91 K (USD)4.8as on Mar 31, 2024
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Net Profit
$-59.52 K (USD)-224.91as on Mar 31, 2024
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EBITDA
$-9.45 K (USD)88.97as on Mar 31, 2024
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Total Equity Funding
$686.67 K (USD)
in 1 rounds
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Latest Funding Round
$686.67 K (USD), Seed
Jan 17, 2022
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Investors
Indus Initiatives
& 4 more
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Employee Count
66
as on Apr 09, 2024
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Funding Insights of EduStoke
EduStoke has successfully raised a total of $686.67K through 1 strategic funding round. The most recent funding activity was a Seed round of $686.67 thousand completed in January 2022. 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 1
- Last Round Seed — $686,665
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First Round
First Round
(17 Jan 2022)
- Investors Count 5
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan, 2022 | Amount | Seed - EduStoke | Valuation | Indus 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 |
Investors in EduStoke
EduStoke has secured backing from 5 investors, including venture fund and angel investors. Prominent investors backing the company include Indus Initiatives, Amit Kumar Sinha and Sayuj Golcha. 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 and advisory services for startups in India.
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Founded Year | Domain | Location | |
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AK
Amit Kumar Sinha |
Co-founder of Unacademy, active angel investor in Indian startups
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Founded Year | Domain | Location |
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SG
Sayuj Golcha |
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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 EduStoke
| 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 - EduStoke
| 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 |
Edustoke Comparisons
Competitors of EduStoke
EduStoke 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 Gurucool, Ezyschooling, Intelli Admissions, School Guru and Promise Kuwait, 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 |
App-based school and college management solutions are offered.
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| domain | founded_year | HQ Location |
Online platform for discovering and applying for schools
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| domain | founded_year | HQ Location |
School discovery and admissions are enabled via an online portal.
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| domain | founded_year | HQ Location |
Schools are searched, compared, and rated via an online platform.
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| domain | founded_year | HQ Location |
Operates an online platform for discovering and exploring schools.
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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 Edustoke
Frequently Asked Questions about EduStoke
When was EduStoke founded?
EduStoke was founded in 2016 and raised its 1st funding round 6 years after it was founded.
Where is EduStoke located?
EduStoke is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Is EduStoke a funded company?
EduStoke is a funded company, having raised a total of $686.67K across 1 funding round to date. The company's 1st funding round was a Seed of $686.67K, raised on Jan 17, 2022.
How many employees does EduStoke have?
As of Apr 09, 2024, the latest employee count at EduStoke is 66.
What is the annual revenue of EduStoke?
Annual revenue of EduStoke is $794.91K as on Mar 31, 2024.
What does EduStoke do?
EduStoke was founded in 2016 in Bengaluru, India, as a provider in the education sector. A platform is operated to enable school discovery based on criteria such as type, board, fees, and location. Detailed school information is supplied for comparison and shortlisting by parents. Personalized counseling is offered to guide the admission process, with operations focused on simplifying selections across India.
Who are the top competitors of EduStoke?
EduStoke's top competitors include Intelli Admissions, Ezyschooling and Gurucool.
Who are EduStoke's investors?
EduStoke has 5 investors. Key investors include Indus Initiatives, Amit Kumar Sinha, Sayuj Golcha, Anmol Nautiyal, and Pawas Tyagi.
What is EduStoke's valuation?
The valuation of EduStoke is $1.07M as of Jan 2022.
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