About GradRight
GradRight is a company based in Hyderabad (India) founded in 2019 by Aman Singh and Sasidhar Sista. GradRight has raised $6.04 million across 1 funding round from investors including IvyCap Ventures. The company has 140 employees as of April 07, 2024. GradRight offers products and services including SelectRight, FundRight, InsureRight, and ServiceRight. GradRight operates in a competitive market with competitors including Vidya Lakshmi and Paras Education Foundation, among others.
- Headquarter Hyderabad, India
- Employees 140 as on 07 Apr, 2024
- Founders Aman Singh, Sasidhar Sista
- Stage Minicorn
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Sectors
Financial Services
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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 Gradright Edtech Private Limited
- Date of Incorporation 29 Jul, 2019
- Jurisdiction Shaikpet, Telangana, India
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Annual Revenue
$295.21 K (USD)1674.44as on Mar 31, 2022
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Net Profit
-$316.74 K (USD)-8259.19as on Mar 31, 2022
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EBITDA
-$290 K (USD)-7735.2as on Mar 31, 2022
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Total Equity Funding
$6.04 M (USD)
in 1 rounds
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Latest Funding Round
$6.04 M (USD), Series A
Aug 24, 2023
- Investors
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Employee Count
140
as on Apr 07, 2024
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Products & Services of GradRight
GradRight offers a comprehensive portfolio of products and services, including SelectRight, FundRight, InsureRight, and ServiceRight.
AI-powered tool for shortlisting graduate programs abroad.
Platform for securing education loans and scholarships quickly.
Service for health insurance coverage for students abroad.
Platform for forex, travel cards, and accommodation assistance.
People of GradRight
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Funding Insights of GradRight
GradRight has successfully raised a total of $6.04M through 1 strategic funding round. The most recent funding activity was a Series A round of $6.04 million completed in August 2023. 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 1
- Last Round Series A — $6.0M
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First Round
First Round
(24 Aug 2023)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug, 2023 | Amount | Series A - GradRight | Valuation | IvyCap Ventures Advisors |
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Investors in GradRight
GradRight has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include IvyCap Ventures.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Venture capital investments in startups from leading Indian institutions across various sectors.
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Founded Year | Domain | Location |
Investments & Acquisitions by GradRight
Financial Statements - GradRight
Gradright Comparisons
Competitors of GradRight
GradRight 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 Vidya Lakshmi and Paras Education Foundation, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
A web-based portal that simplifies education loan applications for students and institutions.
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| domain | founded_year | HQ Location |
Provides collateral-free loans, admission counselling, and financing for international education.
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Frequently Asked Questions about GradRight
GradRight was founded in 2019 and raised its 1st funding round 4 years after it was founded.
GradRight is headquartered in Hyderabad, India. It is registered at Hyderabad, Telangana, India.
Aman Singh is the current CEO of GradRight. They have also founded this company.
GradRight is a funded company, having raised a total of $6.04M across 1 funding round to date. The company's 1st funding round was a Series A of $6.04M, raised on Aug 24, 2023.
As of Apr 07, 2024, the latest employee count at GradRight is 140.
Annual revenue of GradRight is $295.21K as on Mar 31, 2022.
GradRight was founded in 2019 in Hyderabad, India, as a platform in the education and fintech sector. Operations focus on supporting students study abroad processes, including university matching based on profiles and preferences. Services encompass loan comparisons from various lenders, arrangements for student health insurance, and international money transfers at set rates. The platform streamlines selection, financing, and related needs for international education.
GradRight's top competitors include Vidya Lakshmi and Paras Education Foundation.
GradRight offers SelectRight, FundRight, InsureRight, and ServiceRight.
GradRight has 1 investor. Key investors include IvyCap Ventures.
The valuation of GradRight is $19.99M as of Aug 2023.