About Egnify
Egnify is a company based in Bengaluru (India) founded in 2015 by Kiran Babu. It operates as a B2B. Egnify has raised $270.8 thousand across 2 funding rounds from investors including T-Hub, Ajay Jain and Medari Ruben Hanock Babu. Egnify operates in a competitive market with competitors including Civitas Learning, Panorama Education, BrightBytes, OThot and Illuminate Education, among others.
- Headquarter Bengaluru, India
- Founders Kiran Babu
- Stage Minicorn
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Sectors
Technology
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Phone
*********
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Website
*********
- Legal Name Egnify Technologies Private Limited
- Date of Incorporation 18 Dec, 2015
- Jurisdiction Kurnool, Andhra Pradesh, India
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Annual Revenue
$125.61 K (USD)330.6as on Mar 31, 2019
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Net Profit
$-120.75 K (USD)11.38as on Mar 31, 2019
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EBITDA
$-119.92 K (USD)11.51as on Mar 31, 2019
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Total Equity Funding
$270.8 K (USD)
in 2 rounds
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Latest Funding Round
$83.92 K (USD), Seed
Jul 16, 2018
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Investors
T-Hub
& 3 more
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Employee Count
Employee Count
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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 Total Funding
- Total Rounds 2
- Last Round Seed — $83,916
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First Round
First Round
(16 Sep 2017)
- Investors Count 4
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2018 | Amount | Seed - Egnify | Valuation | T-Hub | |
| Sep, 2017 | Amount | Seed - Egnify | Valuation | T-Hub |
| 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 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. 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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Innovation hub connecting startups, corporates, and partners in technology and ecosystem development.
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Founded Year | Domain | Location | |
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AJ
Ajay Jain |
Angel investor and entrepreneur, founder of SilverPush, focusing on tech startups
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Founded Year | Domain | Location |
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MR
Medari Ruben Hanock Babu |
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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 Egnify
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
|
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 - Egnify
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| 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 |
Egnify Comparisons
Competitors of Egnify
Egnify 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 Civitas Learning, Panorama Education, BrightBytes, OThot and Illuminate Education, 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 |
Predictive analytics platform for personalised education advice
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| domain | founded_year | HQ Location |
Academic survey platforms for K-12 feedback collection are provided.
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| domain | founded_year | HQ Location |
SaaS-based data analytics for educational technology use is provided.
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| domain | founded_year | HQ Location |
Predictive analytics solutions are provided for the education sector.
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| domain | founded_year | HQ Location |
An assessment and analytics platform for schools is offered.
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| domain | founded_year | HQ Location |
Admission counseling is delivered via predictive analytics for students.
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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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Frequently Asked Questions about Egnify
When was Egnify founded?
Egnify was founded in 2015 and raised its 1st funding round 2 years after it was founded.
Where is Egnify located?
Egnify is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Who is the current CEO of Egnify?
Kiran Babu is the current CEO of Egnify. They have also founded this company.
Is Egnify a funded 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 16, 2017.
What is the annual revenue of Egnify?
Annual revenue of Egnify is $125.61K as on Mar 31, 2019.
What does Egnify do?
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.
Who are the top competitors of Egnify?
Egnify's top competitors include BridgeU, Panorama Education and AstrumU.
Who are Egnify's investors?
Egnify has 4 investors. Key investors include T-Hub, Ajay Jain, Medari Ruben Hanock Babu, and Smitha Devara.
What is Egnify's valuation?
The valuation of Egnify is $1.26M as of Jul 2018.