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. Fedena operates in a competitive market with competitors including PowerSchool, Anthology, GoGuardian, LEAD School and Frontline Education, among others.
- Headquarter Bengaluru, India
- Employees 43
- Founders Unni Krishnan Koroth
- Stage Minicorn
- SectorsTechnologyEducation
- Email••••••••
- Website fedena.com
- Social LinkedIn X Facebook
- Acquired by Practically (Mar 2022)
- Legal Name Foradian Technologies Private Limited
- Date of Incorporation 29 Jan, 2009
- Jurisdiction Bengaluru, Karnataka, India
- Annual Revenue₹4.64 Cr
FY 2025 · -14% YoY
- Net Profit₹0.12 Cr
FY 2025 · 3% margin
- EBITDA₹0.14 Cr
FY 2025 · 3% margin
- Total Equity Funding$1.41M (USD)
in 2 rounds
- Latest Funding Round$1.28M (USD), Seed
Feb 2015
- InvestorsPractically
& 20 more
- Employee Count43
- Acquired byPractically
(Mar 2022)
Associated legal entities of Fedena
Fedena operates through Foradian Technologies Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Foradian Technologies Private Limited CIN U72200KA2009PTC048999 | Active | 29 Jan 2009 | Bangalore, Karnataka | ₹4.6 Cr | 43 | 2 | View details |
Apps and channels of Fedena
Fedena publishes 1 mobile app with over 50K+ downloads.
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 $1.41M
- Total Rounds 2
- Last Round Seed — $1.28M
- First Round $132,160
(Nov 2011)
- Investors Count 20
All 2 funding rounds of Fedena with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Feb 2015 | $1.28M | Seed | $4.06M | Sela Retail, William Nanda Bissell | – |
| Nov 2011 | $132,160 | Angel Round | $531,878 | Ashraf K M, Ashraf K M |
| Date | Valuation | Stage |
|---|---|---|
| Feb 2015 | $4.06M | •••••••• |
Last known valuation $4.06M (Feb 2015). 21 investors in total: 2 institutional and 19 angel.
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 |
|---|---|---|---|---|
Multiple sectors are invested in by this private equity firm. | – | selaretail.tcc.mode | Nicosia, Cyprus | |
WN William Nanda Bissell | - | – | unknown_297dd4ed14444d469 | - |
AK Ashraf K M | - | – | unknown_627f3504fdd846e79 | - |
EB E B Ibrahim | - | – | unknown_f0bed01dfd174ad28 | - |
MY Mohamed Yousuf | - | – | unknown_0ff2658a00c6418cb | - |
KA K A Mujeeb | - | – | unknown_135d419583d846d3b | - |
MZ Mohammed Zareer A Z | - | – | unknown_22ead973541c4b4da | - |
AS Ahmed Shameem | - | – | unknown_2845d07de72a40fb8 | - |
PC P C Farwaz | - | – | unknown_c2fcf46db7c24b189 | - |
DK Deepesh Kumar Melath | Angel investor and tech entrepreneur with focus on early-stage startups in India. | – | unknown_745dbba64fe043a2b | - |
Investor details for Fedena
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Board of directors of Foradian Technologies Private Limited (Fedena)
Foradian Technologies Private Limited is the primary company behind Fedena. The board of Foradian Technologies Private Limited currently have 2 directors; the longest-serving is Neelakantha Karinje, appointed in 2019. 14 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Neelakantha Karinje DIN 00066564 | Director | 30 Jul 2019 | 7 yrs 2 mo | Foradian Technologies Private Limited |
| Ananta Ramamurthy Deshpande DIN 08238355 | Director | 01 Sep 2022 | 4 yrs 1 mo | Foradian Technologies Private Limited |
People of Fedena
2 people are tracked at Fedena (2 in leadership); the tracked headcount is 43.
| Name | Role | Group |
|---|---|---|
| Co-Founder & Director | Leadership | |
| CEO | Leadership |
Complete people profiles for Fedena
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Financials of Fedena
Figures of Foradian Technologies Private Limited, the primary company behind Fedena, for FY 2025. Revenue was ₹4.64 Cr (-14% year on year). Net profit was ₹0.12 Cr (3% margin). EBITDA was ₹0.14 Cr (3% margin). Revenue has grown at a compounded annual rate of -2% over three years and -8% over five years.
- ₹4.64 CrRevenue · FY 2025 · -14% YoY
- ₹0.12 CrNet profit · 3% margin
- ₹0.14 CrEBITDA · 3% margin
- ₹1.94 CrPaid-up capital
- 43Employees (provident fund records)
- -2%Revenue CAGR, 3 years
- -8%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Foradian Technologies Private Limited are on its company page.
Detailed financial statements for Fedena
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Timeline of Fedena
5 dated milestones of Fedena across 13 years, from founding to its latest funding, stage changes and deals.
- Founded Fedena is founded.
- Funding First funding round of $132K.
- Funding Latest funding round, Seed, of $1.3M.
- Milestone Reaches Minicorn status.
- Exit Acquired by Practically.
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 | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| powerschool.com | 1997 | Folsom, United States | $32M | 2,270 | Cloud-based software for K-12 education is provided. | |
| anthology.com | 1996 | Boca Raton, United States | $128.6M | – | LMS and CRM solutions are provided for educational institutions. | |
| goguardian.com | 2014 | Los Angeles, United States | $200M | 237 | School devices and student activities are monitored via AI platform. | |
| leadschool.in | 2012 | Mumbai, India | $172.01M | 1,141 | Integrated edtech systems are provided for K-12 schools. | |
| frontlineeducation.com | 1998 | Malvern, United States | – | 799 | SaaS-based platform offering management solutions for schools | |
| educationdynamics.com | 2005 | Hoboken, United States | $110.5M | – | Prospecting and student retention platform for educational institutions | |
| beanstack.com | 2013 | Arlington, United States | $3.95M | – | SaaS and app-based library management solutions are provided. | |
| finalsite.com | 1998 | Glastonbury, United States | – | 127 | SaaS solutions for school websites and management are provided. | |
| 2u.com | 2008 | Annapolis, United States | $100.91M | 2,364 | Learning platforms are provided for students from preschool to college. |
Detailed competitors of Fedena
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Web traffic of Fedena
The website of Fedena (fedena.com) receives about 60.6K visits a month.
- Monthly visits60.6K
▼ 31.7% vs previous month
Websites whose visitors overlap most with Fedena. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| open-school.org | 100% | – | – | View details | |
| entab.in | 81% | 21.4K | #1,238,294 | View details | |
iitms.co.in | iitms.co.in | 80% | – | #966,034 | – |
| eskooly.com | 75% | – | #177,752 | View details | |
| opensis.com | 74% | – | #703,161 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 40 similar websites and full traffic analytics for Fedena
The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.
- 40 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
Verified entity values are shown only after access is granted.
Latest news on Fedena
Complete news archive for Fedena
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Similar companies to Fedena
10 companies that operate in the same segment as Fedena (Enterprise Resource Planning), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Cloud-based ERP software is offered for multiple industries. | 1991 | Loughborough, England, United Kingdom | USD 1.49 B | – | – | |
Cloud-based HR and financial software is delivered to enterprises. | 2005 | Pleasanton, California, United States | USD 352.3 M | USD 9.53 B | 20,400 | |
Cloud-based ERP software is provided for business management across segments. | 1996 | Oslo, Oslo, Norway | USD 198.09 M | – | – | |
Cloud-based software for K-12 education is provided. | 1997 | Folsom, California, United States | USD 32 M | USD 47.59 M | 1,308 | |
Cloud-based ERP software is provided for automotive and manufacturing sectors. | 1972 | Austin, Texas, United States | USD 229.28 M | – | 834 | |
Cloud-based ERP software is provided for project-driven organizations. | 1983 | Herndon, Virginia, United States | USD 107.08 M | – | – | |
Cloud-based ERP software is offered for multiple industries. | 2002 | New York, New York, United States | USD 1.52 B | – | – | |
Online platform for preschool management and parent updates is offered. | 2014 | San Francisco, California, United States | USD 88.8 M | – | – | |
Cloud-based accounting and payroll solutions for small and medium businesses | 1981 | United States | – | USD 4.54 M | – | |
Cloud-based ERP software is delivered for multiple industries. | 1998 | Redwood City, California, United States | USD 119.92 M | – | – |
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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. The company's 1st funding round was a Angel Round of $132.16K, raised on Nov 2011.
Fedena has 43 employees.
The primary company behind Fedena, Foradian Technologies Private Limited, reported revenue of ₹4.64 Cr for FY 2025, down 14% year on year.
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.
Fedena operates through Foradian Technologies Private Limited.
Yes. Fedena was acquired by Practically in March 2022.