Evobi Automations

Bengaluru, India Founded: 2012 • Age: 14 yrs
Educational kits and AI modules for STEM learning are provided.

About Evobi Automations

Evobi Automations is an Education company based in Bengaluru (India) founded in 2012 by Madhusudan Namboodiri and Prasanna Venkatesan. Educational kits and AI modules for STEM learning are provided. Evobi Automations has raised $1.36 million across 4 funding rounds from investors including Saju K Thomas, Ravi Krishnamurthy and Aniruddha Narayan Malpani. The company has 11 employees. Its Indian entity Evobi Automations Private Limited reported revenue of β‚Ή6.20 Cr. Its focus areas include EdTech, K-12 EdTech, B2C Learning Solutions and Robotics.

Company details

Evobi Automations was established in 2012 in Bengaluru, India, within the education sector. Toolkits for hands-on science, technology, engineering, and mathematics instruction are supplied, alongside robotics kits and AI-driven learning modules. Additional services encompass coding platforms, innovation labs, and programs for teacher training. Operations center on supporting interactive educational experiences across schools and institutions.

  • Headquarters Bengaluru, India
  • Employees 11
  • Founders Madhusudan Namboodiri, Prasanna Venkatesan
  • Sectors
    Education
  • Email
    β€’β€’β€’β€’β€’β€’β€’β€’
  • Phone
    β€’β€’β€’β€’ β€’β€’β€’β€’
  • Website bibox.in
  • Social LinkedIn X Facebook
  • Legal Name Evobi Automations Private Limited
  • Date of Incorporation 18 Apr, 2012
  • Jurisdiction Bangalore, Karnataka, India
Key Metrics
  • Annual Revenue
    ₹6.20 Cr

    FY 2024 · -37% YoY

  • Net Loss
    -₹1.38 Cr

    FY 2024 · -22% margin

  • EBITDA
    -₹1.26 Cr

    FY 2024 · -20% margin

  • Total Equity Funding
    $1.36M (USD)

    in 4 rounds

  • Latest Funding Round
    $149.9K (USD), Angel Round

    Mar 2016

  • Employee Count
    11

Funding Insights of Evobi Automations

Evobi Automations has successfully raised a total of $1.36M across 4 strategic funding rounds. The most recent funding activity was a Angel Round of $149.9 thousand completed in March 2016. 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 $1.36M
  • Total Rounds 4
  • Last Round Angel Round β€” $149,904
  • First Round $355,960

    (Dec 2013)

  • Investors Count 3

All 4 funding rounds of Evobi Automations with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Mar 2016$149,904Angel Round––
–
Nov 2015$530,000Angel Round––
Feb 2015$321,146Angel Round––
Dec 2013$355,960Seed––
–
Valuation history

3 investors in total: 0 institutional and 3 angel.

Investors in Evobi Automations

Evobi Automations has secured backing from 3 investors, including angel investors. Prominent investors backing the company include Saju K Thomas, Ravi Krishnamurthy and Aniruddha Narayan Malpani.

All
Angel
InvestorDescriptionFounded YearDomainLocation

Saju K Thomas

unknown_06820de4e25c4e03b

Ravi Krishnamurthy

unknown_cfa7d11bfe3642658

Aniruddha Narayan Malpani

unknown_ffda5c1befa8417c8
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Investor details for Evobi Automations

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Board of directors of Evobi Automations Private Limited (Evobi Automations)

Evobi Automations Private Limited is the primary company behind Evobi Automations. The board of Evobi Automations Private Limited currently have 2 directors; the longest-serving is Varun Kumar, appointed in 2021. 8 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Varun Kumar
DIN 09075279
Director22 Feb 20215 yrs 8 moEvobi Automations Private Limited
Sandeep Chandra Senan
DIN 05000793
CEO19 Oct 20233 yrsEvobi Automations Private Limited

People of Evobi Automations

2 people are tracked at Evobi Automations (2 in leadership); the tracked headcount is 11.

NameRoleGroup
FounderLeadership
FounderLeadership
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Financials of Evobi Automations

Figures of Evobi Automations Private Limited, the primary company behind Evobi Automations, for FY 2024. Revenue was ₹6.20 Cr (-37% year on year). Net loss was -₹1.38 Cr (-22% margin). EBITDA was -₹1.26 Cr (-20% margin). Revenue has grown at a compounded annual rate of -5% over three years and -10% over five years.

  • ₹6.20 CrRevenue · FY 2024 · -37% YoY
  • -₹1.38 CrNet loss · -22% margin
  • -₹1.26 CrEBITDA · -20% margin
  • ₹24.6 LakhPaid-up capital
  • 11Employees (provident fund records)
  • -5%Revenue CAGR, 3 years
  • -10%Revenue CAGR, 5 years

Balance sheet, profit and loss, cash flow and ratios of Evobi Automations Private Limited are on its company page.

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Detailed financial statements for Evobi Automations

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Timeline of Evobi Automations

3 dated milestones of Evobi Automations across 4 years, from founding to its latest funding, stage changes and deals.

  1. Founded Evobi Automations is founded.
  2. Funding First funding round of $356K.
  3. Funding Latest funding round, Angel Round, of $150K.

Top companies in Education Technology Platforms

3 companies that operate in the same segment as Evobi Automations (Education Technology Platforms) in India, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Online educational resources and test preparation for exams are provided.
2016Noida, Uttar Pradesh, IndiaUSD 275 MUSD 415.66 M15,046
AI-powered robots are provided as companions for children.
2015Mumbai, Maharashtra, IndiaUSD 107.78 M
Integrated edtech systems are provided for K-12 schools.
2012Mumbai, Maharashtra, IndiaUSD 172.33 MUSD 45.8 M1,140
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Related news about Evobi Automations

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Frequently Asked Questions about Evobi Automations

Evobi Automations was founded in 2012 and raised its 1st funding round 1 year after it was founded.

Evobi Automations is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.

Evobi Automations is a funded company, having raised a total of $1.36M across 4 funding rounds to date. The company's 1st funding round was a Seed of $355.96K, raised on Dec 2013.

Evobi Automations has 11 employees.

The primary company behind Evobi Automations, Evobi Automations Private Limited, reported revenue of β‚Ή6.20 Cr for FY 2024, down 37% year on year.

Evobi Automations was established in 2012 in Bengaluru, India, within the education sector. Toolkits for hands-on science, technology, engineering, and mathematics instruction are supplied, alongside robotics kits and AI-driven learning modules. Additional services encompass coding platforms, innovation labs, and programs for teacher training. Operations center on supporting interactive educational experiences across schools and institutions.

Evobi Automations has 3 investors. Key investors include Saju K Thomas, Ravi Krishnamurthy, and Aniruddha Narayan Malpani.

Evobi Automations operates through Evobi Automations Private Limited.

The legal entities of Evobi Automations currently have 3 directors, including Varun Kumar, Sandeep Chandrasenan, Sandeep Chandra Senan.

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