About enParadigm
enParadigm is a company based in Mumbai (India) founded in 2015 by Kumar Veetrag and John Cherian.. enParadigm has raised $3.45 million across 6 funding rounds from investors including Paramatrix, Cornerstone Venture Partners Fund and Strat2Results. The company has 53 employees as of April 06, 2024. enParadigm offers products and services including Catalyx, Compass, and Confluence. enParadigm operates in a competitive market with competitors including D2L, Degreed, Docebo, CoachHub and WorkRamp, among others.
- Headquarter Mumbai, India
- Employees 53 as on 06 Apr, 2024
- Founders Kumar Veetrag, John Cherian
- Stage Minicorn
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Sectors
Technology
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Email
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Phone
*********
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Website
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Social
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- Legal Name Enparadigm Performance Solutions Private Limited
- Date of Incorporation 11 Apr, 2015
- Jurisdiction Mumbai, Maharashtra, India
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Annual Revenue
$3.33 M (USD)17.12as on Mar 31, 2023
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Net Profit
$571.43 K (USD)1078.29as on Mar 31, 2023
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EBITDA
$1.12 M (USD)175.4as on Mar 31, 2023
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Total Equity Funding
$3.45 M (USD)
in 6 rounds
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Latest Funding Round
$996.76 K (USD), Series A
Jan 05, 2024
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Investors
Paramatrix
& 63 more
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Employee Count
53
as on Apr 06, 2024
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Products & Services of enParadigm
enParadigm offers a comprehensive portfolio of products and services, including Catalyx, Compass, and Confluence. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Platform for managing and analyzing talent data effectively.
Tools for creating interactive learning experiences.
Software for business scenario training and development.
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Funding Insights of enParadigm
enParadigm has successfully raised a total of $3.45M across 6 strategic funding rounds. The most recent funding activity was a Series A round of $996.76 thousand completed in January 2024. 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 6
- Last Round Series A — $996,764
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First Round
First Round
(24 Jun 2019)
- Investors Count 64
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan, 2024 | Amount | Series A - enParadigm | Valuation | Cornerstone Venture Partners Fund | |
| Jun, 2022 | Amount | Seed - enParadigm | Valuation |
investors |
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| Jan, 2022 | Amount | Seed - enParadigm | Valuation |
investors |
| 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 enParadigm
enParadigm has secured backing from 64 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include Paramatrix, Cornerstone Venture Partners Fund and Strat2Results. 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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Venture capital fund investing in B2B technologies and enterprise solutions in India.
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Founded Year | Domain | Location | |
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Founded Year | Domain | Location | |
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Software development, data integration, analysis, and planning services are offered.
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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 enParadigm
| 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 - enParadigm
| 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 |
Enparadigm Comparisons
Competitors of enParadigm
enParadigm 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 D2L, Degreed, Docebo, CoachHub and WorkRamp, 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 |
Learning management systems are provided for multiple sectors.
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| domain | founded_year | HQ Location |
Cloud-based LMS platform tracks skills across industries.
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| domain | founded_year | HQ Location |
Cloud-based learning management system for corporate employee training is provided.
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| domain | founded_year | HQ Location |
Provider of online coaching and professional development solutions
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| domain | founded_year | HQ Location |
Enterprise learning management systems are provided for training programs.
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| domain | founded_year | HQ Location |
Online LMS platform is delivered for multi-industry compliance training.
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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 Enparadigm
Frequently Asked Questions about enParadigm
When was enParadigm founded?
enParadigm was founded in 2015 and raised its 1st funding round 4 years after it was founded.
Where is enParadigm located?
enParadigm is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Who is the current CEO of enParadigm?
John Cherian is the current CEO of enParadigm. They have also founded this company.
Is enParadigm a funded company?
enParadigm is a funded company, having raised a total of $3.45M across 6 funding rounds to date. The company's 1st funding round was a Seed of $257.06K, raised on Jun 24, 2019.
How many employees does enParadigm have?
As of Apr 06, 2024, the latest employee count at enParadigm is 53.
What is the annual revenue of enParadigm?
Annual revenue of enParadigm is $3.33M as on Mar 31, 2023.
What does enParadigm do?
enParadigm was founded in 2015 in Mumbai, India, within the edtech and HR technology sectors. A SaaS platform is offered for profiling, assessing, and developing employee competencies through immersive simulations. Real-world practice experiences are delivered to capture instincts and generate personalized feedback. Solutions encompass business acumen, sales-force development, and leadership training via simulation suites and hybrid learning paths. Operations focus on talent intelligence tools for organizational growth.
Who are the top competitors of enParadigm?
What products or services does enParadigm offer?
enParadigm offers Catalyx, Compass, and Confluence.
Who are enParadigm's investors?
enParadigm has 64 investors. Key investors include Paramatrix, Cornerstone Venture Partners Fund, Strat2Results, Neil Mehta, and George Josen.
What is enParadigm's valuation?
The valuation of enParadigm is $26.35M as of Jan 2024.
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