About Egnify
Egnify was a Technology company based in Bengaluru (India) founded in 2015 by Kiran Babu. It delivers AI-based solutions for analyzing and improving student performance. It operates on a B2B model. Egnify has raised $270.8 thousand across 2 funding rounds from investors including T-Hub, Ajay Jain and Medari Ruben Hanock Babu. Egnify was last valued at $1.26 million in July 2018. Its chief executive, as recorded, is Kiran Babu. Its Indian entity Egnify Technologies Private Limited reported revenue of ₹89.7 Lakh. The company is recorded as dissolved. Its focus areas include Education Technology, Analytics, Student Performance and AI Solutions.
Company details
Egnify, led by Kiran Babu as Founder, CEO, specializes in using tech for education, providing analytics solutions, student performance, and ai solutions. Delivers AI-based solutions for analyzing and improving student performance. The team drives innovation, quality service, and sustainable practices to achieve excellence and client satisfaction.
- Headquarters Bengaluru, India
- Founders Kiran Babu
- Stage Minicorn
- SectorsTechnology
- Website egnify.com
- Legal Name Egnify Technologies Private Limited
- Date of Incorporation 18 Dec, 2015
- Jurisdiction Kurnool, Andhra Pradesh, India
- Annual Revenue₹89.7 Lakh
FY 2019 · +331% YoY
- Net Loss-₹86.2 Lakh
FY 2019 · -96% margin
- EBITDA-₹85.3 Lakh
FY 2019 · -95% margin
- Total Equity Funding$270.8K (USD)
in 2 rounds
- Latest Funding Round$83.92K (USD), Seed
Jul 2018
- InvestorsT-Hub
& 3 more
Associated legal entities of Egnify
Egnify operates through Egnify Technologies Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2019) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Egnify Technologies Private Limited CIN U72300AP2015PTC097944 | Active | 18 Dec 2015 | Kurnool, Andhra Pradesh | ₹0.9 Cr | 2 | View details |
Funding Insights of Egnify
Egnify has successfully raised a total of $270.8K across 2 strategic funding rounds. The most recent funding activity was a Seed round of $83.92 thousand completed in July 2018. 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 $270,802
- Total Rounds 2
- Last Round Seed — $83,916
- First Round $186,886
(Sep 2017)
- Investors Count 4
All 2 funding rounds of Egnify with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Valuation | Stage |
|---|---|---|
| Jul 2018 | $1.26M | •••••••• |
| Sep 2017 | $1.26M | •••••••• |
Last known valuation $1.26M (Jul 2018). 4 investors in total: 1 institutional and 3 angel.
Investors in Egnify
Egnify has secured backing from 4 investors, including venture fund and angel investors. Prominent investors backing the company include T-Hub, Ajay Jain and Medari Ruben Hanock Babu.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Innovation hub connecting startups, corporates, and partners in technology and ecosystem development. | 2015 | t-hub.co | Hyderabad, India | |
AJ Ajay Jain | Angel investor and entrepreneur, founder of SilverPush, focusing on tech startups | unknown_8b262666efcc46978 | ||
MR Medari Ruben Hanock Babu | unknown_1f45b9a1999b4d9b9 | |||
SD Smitha Devara | unknown_5b2e2d852c1e49fb9 |
Investor details for Egnify
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Board of directors of Egnify Technologies Private Limited (Egnify)
Egnify Technologies Private Limited is the primary company behind Egnify. The board of Egnify Technologies Private Limited currently have 2 directors; the longest-serving is Kiran Babu Yerranagu, appointed in 2015. 3 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Kiran Babu Yerranagu DIN 07368985 | Managing Director | 18 Dec 2015 | 10 yrs 10 mo | Egnify Technologies Private Limited |
| Yerranagu Thulasi DIN 07369048 | Director | 18 Dec 2015 | 10 yrs 10 mo | Egnify Technologies Private Limited |
People of Egnify
1 people are tracked at Egnify (1 in leadership).
| Name | Role | Group |
|---|---|---|
| Founder, CEO | Leadership |
Complete people profiles for Egnify
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Financials of Egnify
Figures of Egnify Technologies Private Limited, the primary company behind Egnify, for FY 2019. Revenue was ₹89.7 Lakh (+331% year on year). Net loss was -₹86.2 Lakh (-96% margin). EBITDA was -₹85.3 Lakh (-95% margin).
- ₹89.7 LakhRevenue · FY 2019 · +331% YoY
- -₹86.2 LakhNet loss · -96% margin
- -₹85.3 LakhEBITDA · -95% margin
- ₹46.7 LakhPaid-up capital
Balance sheet, profit and loss, cash flow and ratios of Egnify Technologies Private Limited are on its company page.
Detailed financial statements for Egnify
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Timeline of Egnify
4 dated milestones of Egnify across 3 years, from founding to its latest funding, stage changes and deals.
- Founded Egnify is founded.
- Funding First funding round of $187K.
- Milestone Reaches Minicorn status.
- Funding Latest funding round, Seed, of $84K.
Top companies in AI in Education
3 companies that operate in the same segment as Egnify (AI in Education) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Provides AI and human support for student services, IT helpdesk, and admissions in education. | 2003 | Gurugram, Haryana, India | USD 6.39 M | 169 | ||
An AI platform that provides education and study assistance tools. | 2021 | Bengaluru, Karnataka, India | USD 11.69 K | 1 | ||
Develops interactive panels to enhance teaching and learning in classrooms worldwide. | 2013 | Pune, Maharashtra, India | USD 20.91 M | 114 |
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Frequently Asked Questions about Egnify
Egnify was founded in 2015 and raised its 1st funding round 2 years after it was founded.
Egnify is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Kiran Babu is the CEO of Egnify, as recorded in our data. They have also founded this company.
Egnify is a funded company, having raised a total of $270.8K across 2 funding rounds to date. The company's 1st funding round was a Seed of $186.89K, raised on Sep 2017.
The primary company behind Egnify, Egnify Technologies Private Limited, reported revenue of ₹89.7 Lakh for FY 2019, up 331% year on year.
Egnify, led by Kiran Babu as Founder, CEO, specializes in using tech for education, providing analytics solutions, student performance, and ai solutions. Delivers AI-based solutions for analyzing and improving student performance. The team drives innovation, quality service, and sustainable practices to achieve excellence and client satisfaction.
Egnify has 4 investors. Key investors include T-Hub, Ajay Jain, Medari Ruben Hanock Babu, and Smitha Devara.
The valuation of Egnify is $1.26M as of Jul 2018.
Egnify operates through Egnify Technologies Private Limited.
The legal entities of Egnify currently have 2 directors, including Kiran Babu Yerranagu, Yerranagu Thulasi.