About Fedena
Fedena is a company based in Bengaluru (India) founded in 2009 by Unni Krishnan Koroth was acquired by Practically in March 2022. Fedena has raised $1.41 million across 2 funding rounds from investors including Practically, Sela Retail and William Nanda Bissell. The company has 43 employees as of March 28, 2024. Fedena operates in a competitive market with competitors including PowerSchool, Anthology, GoGuardian, LEAD School and Frontline Education, among others.
- Headquarter Bengaluru, India
- Employees 43 as on 28 Mar, 2024
- Founders Unni Krishnan Koroth
- Stage Minicorn
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Sectors
TechnologyEducation
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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 Foradian Technologies Private Limited
- Date of Incorporation 29 Jan, 2009
- Jurisdiction Bengaluru, Karnataka, India
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Annual Revenue
$593.68 K (USD)-26.21as on Mar 31, 2022
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Net Profit
-$183.6 K (USD)-328.11as on Mar 31, 2022
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EBITDA
-$137.8 K (USD)-203.15as on Mar 31, 2022
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Total Equity Funding
$1.41 M (USD)
in 2 rounds
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Latest Funding Round
$1.28 M (USD), Seed
Feb 17, 2015
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Investors
Practically
& 20 more
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Employee Count
43
as on Mar 28, 2024
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Acquired by
Practically
(Mar 02, 2022)
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Funding Insights of Fedena
Fedena has successfully raised a total of $1.41M across 2 strategic funding rounds. The most recent funding activity was a Seed round of $1.28 million completed in February 2015. 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.
Investors in Fedena
Fedena has secured backing from 21 investors, including venture fund and angel investors. Prominent investors backing the company include Practically, Sela Retail and William Nanda Bissell.
| Investor | Description | Founded Year | Domain | Location |
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Multiple sectors are invested in by this private equity firm.
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William Nanda Bissell |
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Ashraf K M |
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Investor details for Fedena
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Investments & Acquisitions by Fedena
Investment portfolio details for Fedena
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Financial Statements - Fedena
Detailed financials for Fedena
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Fedena Comparisons
Peer comparison for Fedena
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Competitors of Fedena
Fedena 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, LEAD School and Frontline Education, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Cloud-based software for K-12 education is provided.
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LMS and CRM solutions are provided for educational institutions.
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School devices and student activities are monitored via AI platform.
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Integrated edtech systems are provided for K-12 schools.
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SaaS-based platform offering management solutions for schools
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Prospecting and student retention platform for educational institutions
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Detailed competitors of Fedena
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Latest news on Fedena
Complete news archive for Fedena
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Frequently Asked Questions about Fedena
Fedena was founded in 2009 and raised its 1st funding round 2 years after it was founded.
Fedena is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Neelakantha Karinje is the current CEO of Fedena.
Fedena is a funded company, having raised a total of $1.41M across 2 funding rounds to date.
As of Mar 28, 2024, the latest employee count at Fedena is 43.
Annual revenue of Fedena is $593.68K as on Mar 31, 2022.
Fedena was established in 2009 in Bengaluru, India, as a cloud-based ERP platform focused on school and college administration. Student information systems are provided for handling students, teachers, employees, courses, and related activities. Operations support educational institutions in streamlining management tasks. Clients such as the Indian Institute of Logistics and Vidya Vikas Academy are served across the sector.
Fedena's top competitors include PowerSchool, LEAD School and GoGuardian.
Fedena has 21 investors. Key investors include Practically, Sela Retail, William Nanda Bissell, Ashraf K M, and E B Ibrahim.
The valuation of Fedena is $4.06M as of Feb 2015.