Fedena

Bengaluru, India Founded: 2009 • Age: 17 yrs Acquired By Practically
Educational institutions are managed via cloud-hosted ERP software.
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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
  • Sectors
    Technology
    Education
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Foradian Technologies Private Limited
  • Date of Incorporation 29 Jan, 2009
  • Jurisdiction Bengaluru, Karnataka, India
Operational Areas
Technology → Enterprise Software & Productivity Solutions → →
Education → Education Technology (EdTech) → →
Education → Education Technology (EdTech) → →
Technology → Software Development & Engineering → →
Key Metrics
  • Annual Revenue
    $593.68 K (USD)
    -26.21
    as on Mar 31, 2022
  • Net Profit
    $-183.6 K (USD)
    -328.11
    as on Mar 31, 2022
  • EBITDA
    $-137.8 K (USD)
    -203.15
    as on Mar 31, 2022
  • Total Equity Funding
    $1.41 M (USD)

    in 2 rounds

  • Latest Funding Round
    $1.28 M (USD), Seed

    Feb 17, 2015

  • Investors
    Practically

    & 20 more

  • Employee Count
    43

    as on Mar 28, 2024

  • 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.

  • Total Funding
  • Total Rounds 2
  • Last Round Seed — $1.3M
  • First Round

    (28 Nov 2011)

  • Investors Count 20
Date Amount Transaction Name Valuation Lead Investors Investors
Feb, 2015 Amount Seed - Fedena Valuation Sela Retail , William Nanda Bissell
Nov, 2011 Amount Angel Round - Fedena Valuation Ashraf K M , Ashraf K M
E B Ibrahim , Mohamed Yousuf
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors
Emtek
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
Jan, 2021 Amount Post-IPO - Grab Valuation

investors
Hana Financial Group , GGV Capital
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners

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. 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.

All
Venture Fund
Angel
Investor Description Founded Year Domain Location
Sela Retail
Multiple sectors are invested in by this private equity firm.
Founded Year Domain Location

William Nanda Bissell
-
Founded Year Domain Location

Ashraf K M
-
Founded Year Domain Location
Investor Description Founded Year Domain Location
Amitabh Bachchan family office
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Signite Partners
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Sixteenth Street Capital
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
GGV Capital
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Fedena

Investments
Company Name Description Domain Location Founded Year Amount
Bento Cloud
Bionic investment advisor platform
2016
48East
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
GrabKios by Kudo
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
48East
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - Fedena

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors
Emtek
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
Jan, 2021 Amount Post-IPO - Grab Valuation

investors
Hana Financial Group , GGV Capital
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners

Fedena Comparisons

Employees
+
Add Comparison
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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. 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
PowerSchool
domain founded_year HQ Location
Cloud-based software for K-12 education is provided.
Anthology
domain founded_year HQ Location
LMS and CRM solutions are provided for educational institutions.
GoGuardian
domain founded_year HQ Location
School devices and student activities are monitored via AI platform.
LEAD School
domain founded_year HQ Location
Integrated edtech systems are provided for K-12 schools.
Frontline Education
domain founded_year HQ Location
SaaS-based platform offering management solutions for schools
Education Dynamics
domain founded_year HQ Location
Prospecting and student retention platform for educational institutions
Company Name Domain Founded year HQ Location Description
inDrive
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
Bolt
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
Gojek
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
Dunzo
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Fedena

Frequently Asked Questions about Fedena

When was Fedena founded?

Fedena was founded in 2009 and raised its 1st funding round 2 years after it was founded.

Where is Fedena located?

Fedena is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.

Who is the current CEO of Fedena?

Neelakantha Karinje is the current CEO of Fedena.

Is Fedena a funded company?

Fedena is a funded company, having raised a total of $1.41M across 2 funding rounds to date. The company's 1st funding round was a Angel Round of $132.16K, raised on Nov 28, 2011.

How many employees does Fedena have?

As of Mar 28, 2024, the latest employee count at Fedena is 43.

What is the annual revenue of Fedena?

Annual revenue of Fedena is $593.68K as on Mar 31, 2022.

What does Fedena do?

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.

Who are the top competitors of Fedena?

Fedena's top competitors include PowerSchool, LEAD School and GoGuardian.

Who are Fedena's investors?

Fedena has 21 investors. Key investors include Practically, Sela Retail, William Nanda Bissell, Ashraf K M, and E B Ibrahim.

What is Fedena's valuation?

The valuation of Fedena is $4.06M as of Feb 2015.

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