About Foradian
Foradian is a company based in Bengaluru (India) founded in 2009 by Abdul Salam.. Foradian has raised $2.13 million across 2 funding rounds from investors including SELA, Vikas Vig and Srikanth Balasubramaniam. The company has 43 employees as of March 28, 2024. Foradian operates in a competitive market with competitors including PowerSchool, D2L, Anthology, Degreed and Docebo, among others.
- Headquarter Bengaluru, India
- Employees 43 as on 28 Mar, 2024
- Founders Abdul Salam
- Stage Minicorn
-
Sectors
TechnologyEducation
-
Email
***********
-
Phone
*********
-
Website
*********
-
Social
*********
- Legal Name Foradian Technologies Private Limited
- Date of Incorporation 29 Jan, 2009
- Jurisdiction Bengaluru, Karnataka, India
-
Annual Revenue
$593.68 K (USD)-26.21as on Mar 31, 2022
-
Net Profit
$-183.6 K (USD)-328.11as on Mar 31, 2022
-
EBITDA
$-137.8 K (USD)-203.15as on Mar 31, 2022
-
Total Equity Funding
$2.13 M (USD)
in 2 rounds
-
Latest Funding Round
$2 M (USD), Seed
Apr 30, 2014
-
Investors
SELA
& 10 more
-
Employee Count
43
as on Mar 28, 2024
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Unlock access to complete
Funding Insights of Foradian
Foradian has successfully raised a total of $2.13M across 2 strategic funding rounds. The most recent funding activity was a Seed round of $2 million completed in April 2014. 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 2
- Last Round Seed — $2.0M
-
First Round
First Round
(28 Nov 2011)
- Investors Count 11
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr, 2014 | Amount | Seed - Foradian | Valuation | William Nanda Bissell | |
| Nov, 2011 | Amount | Angel Round - Foradian | Valuation | Ashraf K M |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Foradian
Foradian has secured backing from 11 investors, including institutional and angel investors. Prominent investors backing the company include SELA, Vikas Vig and Srikanth Balasubramaniam. 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 |
|---|---|---|---|---|
|
Economic development is advanced by SELA through regional initiatives.
|
Founded Year | Domain | Location | |
|
VV
Vikas Vig |
-
|
Founded Year | Domain | Location |
|
SB
Srikanth Balasubramaniam |
-
|
Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
|
Founded Year | Domain | Location | |
|
Startup ecosystems are ignited through strategic investments by Signite Partners.
|
Founded Year | Domain | Location | |
|
Venture capital is directed toward companies in multiple sectors.
|
Founded Year | Domain | Location | |
|
Venture capital is invested in cybersecurity, fintech, and AI startups.
|
Founded Year | Domain | Location |
Investments & Acquisitions by Foradian
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
2016 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 |
Financial Statements - Foradian
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Foradian Comparisons
Competitors of Foradian
Foradian 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, D2L, Anthology, Degreed and Docebo, 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.
|
|
| domain | founded_year | HQ Location |
Learning management systems are provided for multiple sectors.
|
|
| domain | founded_year | HQ Location |
LMS and CRM solutions are provided for educational institutions.
|
|
| domain | founded_year | HQ Location |
Cloud-based LMS platform tracks skills across industries.
|
|
| domain | founded_year | HQ Location |
Cloud-based learning management system for corporate employee training is provided.
|
|
| domain | founded_year | HQ Location |
School devices and student activities are monitored via AI platform.
|
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
|
|
| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
|
|
| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
|
|
| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
|
Latest news on Foradian
Frequently Asked Questions about Foradian
When was Foradian founded?
Foradian was founded in 2009 and raised its 1st funding round 2 years after it was founded.
Where is Foradian located?
Foradian is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Who is the current CEO of Foradian?
Neelakantha Karinje is the current CEO of Foradian.
Is Foradian a funded company?
Foradian is a funded company, having raised a total of $2.13M 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 Foradian have?
As of Mar 28, 2024, the latest employee count at Foradian is 43.
What is the annual revenue of Foradian?
Annual revenue of Foradian is $593.68K as on Mar 31, 2022.
What does Foradian do?
Offers a management system for schools and colleges. Provides Fedena and Uzity. Fedena allows clients to manage grade books, parent-teacher collaboration, attendance, fees, and more. Uzity offers a learning management system allowing users to create assessments courses that include videos, audios, images, text, presentations, and documents. Offered on a premium subscription. Clients include S.J.E.S Central School, Dr. T.Thimmaiah Institute of Technology, Silver Spring International School, etc. Awards won include UKTIs award, Star Entrepreneur Award, MIT TR35 award, etc.
Who are the top competitors of Foradian?
Foradian's top competitors include PowerSchool, CoachHub and D2L.
Who are Foradian's investors?
Foradian has 11 investors. Key investors include SELA, Vikas Vig, Srikanth Balasubramaniam, William Nanda Bissell, and Ashraf K M.
What is Foradian's valuation?
The valuation of Foradian is $7.36M as of Apr 2014.