About flipClass
flipClass is a company based in Bengaluru (India) founded in 2013 by Ashis Kumar Roy and Vineet Kumar Dwivedi.. flipClass has raised $2.19 million across 4 funding rounds from investors including S Chand Group, Bluecap Mobile and Blume Ventures. The company has 5 employees as of April 07, 2024. flipClass offers products and services including Tutor Search Platform, Online Tutoring Sessions, and Homework Support Feature. flipClass operates in a competitive market with competitors including UrbanPro, Flurn, ExamBazaar, GuruQ and OTOO, among others.
- Headquarter Bengaluru, India
- Employees 5 as on 07 Apr, 2024
- Founders Ashis Kumar Roy, Vineet Kumar Dwivedi
- Stage Minicorn
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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
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- Legal Name Gyankosh Solutions Private Limited
- Date of Incorporation 27 Feb, 2008
- Jurisdiction Bangalore, Karnataka, India
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Annual Revenue
$177.13 K (USD)1.09as on Mar 31, 2020
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Net Profit
$-72.61 K (USD)-2.92as on Mar 31, 2020
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EBITDA
$-48.17 K (USD)-15.73as on Mar 31, 2020
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Total Equity Funding
$2.19 M (USD)
in 4 rounds
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Latest Funding Round
$284.59 K (USD), Seed
May 31, 2017
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Investors
S Chand Group
& 35 more
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Employee Count
5
as on Apr 07, 2024
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Products & Services of flipClass
flipClass offers a comprehensive portfolio of products and services, including Tutor Search Platform, Online Tutoring Sessions, and Homework Support Feature. 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.
Enables users to find and connect with tutors for academic subjects.
Offers virtual help for homework and concept understanding in various topics.
Provides assistance in solving problems and clarifying educational concepts.
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Sales and Marketing
2 people
Leadership Team
1 people
Public Team
1 people
Software Development Team
1 people
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Funding Insights of flipClass
flipClass has successfully raised a total of $2.19M across 4 strategic funding rounds. The most recent funding activity was a Seed round of $284.59 thousand completed in May 2017. 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 4
- Last Round Seed — $284,592
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First Round
First Round
(11 Aug 2014)
- Investors Count 36
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May, 2017 | Amount | Seed - flipClass | Valuation | 3F Ventures | |
| Jan, 2016 | Amount | Seed - flipClass | Valuation | S Chand Group | |
| May, 2015 | Amount | Seed - flipClass | Valuation | Blume Ventures |
| 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 flipClass
flipClass has secured backing from 36 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include S Chand Group, Bluecap Mobile and Blume Ventures. 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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Seed and early-stage investments are made across sectors in India.
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Founded Year | Domain | Location | |
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Connections between startups and investors are facilitated by a platform.
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Founded Year | Domain | Location | |
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Provider of education print publishing services
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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 flipClass
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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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 - flipClass
| 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 |
Flipclass Comparisons
Competitors of flipClass
flipClass 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 UrbanPro, Flurn, ExamBazaar, GuruQ and OTOO, 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 |
Students are connected with personal tutors through an online marketplace.
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| domain | founded_year | HQ Location |
Online tutor discovery platform for various programs
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| domain | founded_year | HQ Location |
Provider of online and offline coaching class access
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| domain | founded_year | HQ Location |
Online discovery portal for offline and online tutors focused on academic subjects
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| domain | founded_year | HQ Location |
Platform connects tutors and students for personalized home and online tuition.
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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 Flipclass
Frequently Asked Questions about flipClass
When was flipClass founded?
flipClass was founded in 2013 and raised its 1st funding round 1 year after it was founded.
Where is flipClass located?
flipClass is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Who is the current CEO of flipClass?
Vineet Kumar Dwivedi is the current CEO of flipClass. They have also founded this company.
Is flipClass a funded company?
flipClass is a funded company, having raised a total of $2.19M across 4 funding rounds to date. The company's 1st funding round was a Seed of $655.63K, raised on Aug 11, 2014.
How many employees does flipClass have?
As of Apr 07, 2024, the latest employee count at flipClass is 5.
What is the annual revenue of flipClass?
Annual revenue of flipClass is $177.13K as on Mar 31, 2020.
What does flipClass do?
flipClass is an online marketplace for home tutors that also allows parents to check their kids performance through its platform. Tutors need to pay a registration fee of INR 2,000 as well as a platform and printed material (in the form of notes) fee of INR 6,000 per annum. Users can schedule classes through registration on the portal. Offline tutors can apply for a job through the portal and are handpicked by the company after verification and training. Users pay 1-time registration fee and are charged between INR 3,000-10,000 per month, depending on the number of hours of tutoring required. Also offers an app through which students are connected 247 and can get access to live help, communicate with other students and form groups, conduct quizzes, live contests, take tests, play games and watch videos. Claims to have more than 2,000 tutors and 1,500 students over 50,000 hours of tutoring. Generating revenue of 800,000 per month. Raised 250k funding via LetsVenture from various angels. Raised 1M in funding from S. Chand and Co, a publisher of textbooks and provider of online educational content, and Blume Ventures.
Who are the top competitors of flipClass?
flipClass's top competitors include UrbanPro, Flurn and ExamBazaar.
What products or services does flipClass offer?
flipClass offers Tutor Search Platform, Online Tutoring Sessions, and Homework Support Feature.
Who are flipClass's investors?
flipClass has 36 investors. Key investors include S Chand Group, Bluecap Mobile, Blume Ventures, Kushal Sacheti, and Arup Datta.
What is flipClass's valuation?
The valuation of flipClass is $4.63M as of May 2017.