About Gateforum
Gateforum is a company based in Hyderabad (India) founded in 2004 by Chandan Kumar Jha was acquired by ASK Pravi in July 2014.. Gateforum has raised $222.87 thousand across 2 funding rounds from investors including Educomp, ASK Pravi and Bulchandani Mahesh Jethanand. The company has 15 employees as of April 07, 2024. Gateforum offers products and services including eGATE, GATE Study Material, GATE Test Series, and IES Online. Gateforum operates in a competitive market with competitors including Veranda Learning, Career Launcher, CLEducate, MT Educare and T.I.M.E. (Triumphant Institute of Management Education), among others.
- Headquarter Hyderabad, India
- Employees 15 as on 07 Apr, 2024
- Founders Chandan Kumar Jha
- Stage Minicorn
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Sectors
Education
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Phone
*********
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Website
*********
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Social
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- Legal Name Thinkcell Learning Solutions Private Limited
- Date of Incorporation 11 Aug, 2005
- Jurisdiction K V Rangareddy, Telangana, India
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Annual Revenue
$878.3 K (USD)-69.65as on Mar 31, 2021
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Net Profit
$213.95 K (USD)-15.75as on Mar 31, 2021
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EBITDA
$141 K (USD)-60.68as on Mar 31, 2021
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Total Equity Funding
$222.87 K (USD)
in 2 rounds
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Latest Funding Round
$148.58 K (USD), Angel Round
Apr 30, 2008
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Investors
Educomp
& 7 more
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Employee Count
15
as on Apr 07, 2024
- Acquired by
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Products & Services of Gateforum
Gateforum offers a comprehensive portfolio of products and services, including eGATE, GATE Study Material, GATE Test Series, and IES Online. 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.
Provides live internet-based classes for GATE exam preparation
Offers comprehensive study materials for GATE subjects
Delivers online mock tests for GATE exam practice
Features courses and tests for IES exam readiness
Funding Insights of Gateforum
Gateforum has successfully raised a total of $222.87K across 2 strategic funding rounds. The most recent funding activity was a Angel Round round of $148.58 thousand completed in April 2008. 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 Angel Round — $148,580
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First Round
First Round
(30 Mar 2006)
- Investors Count 6
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr, 2008 | Amount | Angel Round - Gateforum | Valuation | Bulchandani Mahesh Jethanand | |
| Mar, 2006 | Amount | Angel Round - Gateforum | Valuation | Shikha M B |
| 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 Gateforum
Gateforum has secured backing from 8 investors, including angel, institutional, and venture fund investors. Prominent investors backing the company include Educomp, ASK Pravi and Bulchandani Mahesh Jethanand. 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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PE firm investing in India
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Founded Year | Domain | Location | |
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Technology education solutions for K-12 schools are delivered.
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Founded Year | Domain | Location | |
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BM
Bulchandani Mahesh Jethanand |
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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 Gateforum
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
|
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 - Gateforum
| 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 |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Gateforum Comparisons
Competitors of Gateforum
Gateforum 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 Veranda Learning, Career Launcher, CLEducate, MT Educare and T.I.M.E. (Triumphant Institute of Management 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 |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Government exam preparation is provided through centers and online courses.
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| domain | founded_year | HQ Location |
Entrance exam preparation programs are offered through education centers.
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| domain | founded_year | HQ Location |
K-12 education, vocational training and test prep provider
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| domain | founded_year | HQ Location |
Chain of coaching institutes and PU colleges
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| domain | founded_year | HQ Location |
Entrance exam preparation is provided for graduate and postgraduate levels.
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| domain | founded_year | HQ Location |
Offers coaching for GATE, ESE, PSUs, and engineering competitive exams.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| 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 Gateforum
Frequently Asked Questions about Gateforum
When was Gateforum founded?
Gateforum was founded in 2004 and raised its 1st funding round 2 years after it was founded.
Where is Gateforum located?
Gateforum is headquartered in Hyderabad, India. It is registered at Hyderabad, Telangana, India.
Who is the current CEO of Gateforum?
Mohit Goel is the current CEO of Gateforum.
Is Gateforum a funded company?
Gateforum is a funded company, having raised a total of $222.87K across 2 funding rounds to date. The company's 1st funding round was a Angel Round of $74.29K, raised on Mar 30, 2006.
How many employees does Gateforum have?
As of Apr 07, 2024, the latest employee count at Gateforum is 15.
What is the annual revenue of Gateforum?
Annual revenue of Gateforum is $878.3K as on Mar 31, 2021.
What does Gateforum do?
Gateforum was established in 2004 and is headquartered in Hyderabad, India. Coaching services for the GATE exam are provided across nine engineering streams, including computer science, electronics and communication, electrical, mechanical, civil, chemical, production, and industrial engineering. Preparation for the GPAT exam, equivalent to GATE for pharmacy, is also available. Operations span more than 45 cities throughout India.
Who are the top competitors of Gateforum?
Gateforum's top competitors include Veranda Learning, MT Educare and Career Launcher.
What products or services does Gateforum offer?
Gateforum offers eGATE, GATE Study Material, GATE Test Series, and IES Online.
Who are Gateforum's investors?
What is Gateforum's valuation?
The valuation of Gateforum is $1.48M as of Apr 2008.