About Excelsoft
Excelsoft is a company based in Mysuru (India) founded in 2000 by Lajwanti Sudhanva, Dhananjaya Sudhanva, and Manchakondanahalli Hiriyanna Dhananjaya. It operates as a SaaS (Software-as-a-Service), and EduTech. Excelsoft has raised $868.95 thousand across 3 funding rounds from investors including UTI Mutual Fund, Uti Venture Funds Management Company and Arohi Asset Management. The company has 1,006 employees as of March 30, 2024. Excelsoft offers products and services including AI-Powered Apps, Test and Assessment, Online Proctoring, Learning Experience Platform, and Digital eBook Platform. Excelsoft operates in a competitive market with competitors including PowerSchool, Anthology, GoGuardian, Frontline Education and Education Dynamics, among others.
- Headquarter Mysuru, India
- Employees 1006 as on 30 Mar, 2024
- Founders Lajwanti Sudhanva, Dhananjaya Sudhanva, Manchakondanahalli Hiriyanna Dhananjaya
- Stage Public
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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 Excelsoft Technologies Limited
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Annual Revenue
$23.79 M (USD)23.72as on Mar 31, 2023
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Net Profit
$2.75 M (USD)52.13as on Mar 31, 2023
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EBITDA
$8.08 M (USD)9.74as on Mar 31, 2023
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Total Equity Funding
$868.95 K (USD)
in 3 rounds
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Latest Funding Round
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Investors
UTI Mutual Fund
& 2 more
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Employee Count
1006
as on Mar 30, 2024
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IPO & Listings of Excelsoft
Excelsoft is a publicly listed company on the BSE with ticker symbol EXCELSOFT in India, operating in the Technology services sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
Products & Services of Excelsoft
Excelsoft offers a comprehensive portfolio of products and services, including AI-Powered Apps, Test and Assessment, Online Proctoring, Learning Experience Platform, and Digital eBook Platform. 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.
AI-driven apps are developed for enhancing EdTech platforms.
Assessment solutions are provided with AI-enabled powerful tools.
Innovative proctoring solutions are powered by AI technology.
Cloud-based learning platforms are enabled with AI technology.
Digital publishing ecosystem is offered for educational content.
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Funding Insights of Excelsoft
Excelsoft has successfully raised a total of $868.95K across 3 strategic funding rounds. 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 3
- Last Round Last Round
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First Round
First Round
(01 Jun 2001)
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep, 2008 | Amount | Series A - Excelsoft | Valuation | Arohi |
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| Mar, 2006 | Amount | Seed - Excelsoft | Valuation | UTI Mutual Fund |
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| Jun, 2001 | Amount | Seed - Excelsoft | Valuation | Uti Venture Funds Management Company |
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| 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 Excelsoft
Excelsoft has secured backing from 3 investors, including institutional and venture fund investors. Prominent investors backing the company include UTI Mutual Fund, Uti Venture Funds Management Company and Arohi Asset Management. 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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Invests in India
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Founded Year | Domain | Location | |
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Diversified asset management services are provided by Arohi in Singapore.
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Founded Year | Domain | Location | |
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Mutual funds, portfolio management, and retirement 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 Excelsoft
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
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 - Excelsoft
| 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 |
Excelsoft Comparisons
Competitors of Excelsoft
Excelsoft 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 PowerSchool, Anthology, GoGuardian, Frontline Education and Education Dynamics, 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 |
Cloud-based software for K-12 education is provided.
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| domain | founded_year | HQ Location |
LMS and CRM solutions are provided for educational institutions.
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| domain | founded_year | HQ Location |
School devices and student activities are monitored via AI platform.
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| domain | founded_year | HQ Location |
SaaS-based platform offering management solutions for schools
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| domain | founded_year | HQ Location |
Prospecting and student retention platform for educational institutions
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| domain | founded_year | HQ Location |
SaaS and app-based library management solutions are provided.
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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 Excelsoft
Frequently Asked Questions about Excelsoft
When was Excelsoft founded?
Excelsoft was founded in 2000 and raised its 1st funding round 1 year after it was founded.
Where is Excelsoft located?
Excelsoft is headquartered in Mysuru, India. It is registered at Mysuru, Karnataka, India.
Who is the current CEO of Excelsoft?
Dhananjaya Sudhanva is the current CEO of Excelsoft. They have also founded this company.
Is Excelsoft a funded company?
Excelsoft is a funded company, having raised a total of $868.95K across 3 funding rounds to date. The company's 1st funding round was a Seed of $600K, raised on Jun 01, 2001.
How many employees does Excelsoft have?
As of Mar 30, 2024, the latest employee count at Excelsoft is 1,006.
What is the annual revenue of Excelsoft?
Annual revenue of Excelsoft is $23.79M as on Mar 31, 2023.
What does Excelsoft do?
Excelsoft is established as a leading provider of technology-driven solutions in the learning and assessment sector. The company is focused on delivering innovative, AI-powered platforms and services across diverse educational segments. Solutions are developed for educational publishers, universities, schools, government, defense, and corporate sectors. Cloud-based platforms are utilized to transform digital learning experiences with impactful content solutions. Continuous innovation is pursued, resulting in advanced products for digital assessments and online proctoring. Recognition has been received through global awards for excellence in educational technology.
Who are the top competitors of Excelsoft?
Excelsoft's top competitors include PowerSchool, GoGuardian and Anthology.
What products or services does Excelsoft offer?
Excelsoft offers AI-Powered Apps, Test and Assessment, Online Proctoring, Learning Experience Platform, and Digital eBook Platform.
Is Excelsoft publicly traded?
Yes, Excelsoft is publicly traded on BSE under the ticker symbol EXCELSOFT.
Who are Excelsoft's investors?
Excelsoft has 3 investors. Key investors include UTI Mutual Fund, Uti Venture Funds Management Company, and Arohi Asset Management.
What is Excelsoft's ticker symbol?
The ticker symbol of Excelsoft is EXCELSOFT on BSE.
What is Excelsoft's valuation?
The valuation of Excelsoft is $8.39M as of Mar 2006.