About Graspire
Graspire was an Education company based in Bengaluru (India) founded in 2016. It provides a platform for skill development and learning opportunities. It operates on a B2C model. The company has 5 employees. Its Indian entity Grace Power Private Limited reported revenue of ₹1.34 Cr. The company is recorded as dissolved. Its focus areas include Online Learning, Skill Development and Platforms.
Company details
Graspire provides a platform for skill development and learning opportunities, focusing on involved in educational services, online learning, providing skill development, and platforms. It serves clients with dedicated solutions, emphasizing quality, innovation, and sustainable growth in its core markets. It continues to evolve, meeting industry challenges with strategic approaches.
- Headquarters Bengaluru, India
- Employees 5
- SectorsEducation
- Website graspire.com
- Social X Facebook
- Legal Name Grace Power Private Limited
- Date of Incorporation 25 Mar, 1997
- Jurisdiction Ahmedabad, Gujarat, India
- Annual Revenue₹1.34 Cr
FY 2024 · -80% YoY
- Net Loss-₹34 Lakh
FY 2024 · -25% margin
- EBITDA₹7.8 Lakh
FY 2024 · 6% margin
- Employee Count5
Associated legal entities of Graspire
Graspire operates through Grace Power Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Grace Power Private Limited CIN U40109GJ1997PTC031965 | Active | 25 Mar 1997 | Ahmedabad, Gujarat | ₹1.3 Cr | 5 | 3 | View details |
Board of directors of Grace Power Private Limited (Graspire)
Grace Power Private Limited is the primary company behind Graspire. The board of Grace Power Private Limited currently have 3 directors; the longest-serving is Grace Assariparampill Joseph, appointed in 1997. 3 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Grace Assariparampill Joseph DIN 02090866 | Managing Director | 25 Mar 1997 | 29 yrs 7 mo | Grace Power Private Limited |
| Joseph Shibu DIN 09127294 | Additional Director | 01 Apr 2021 | 5 yrs 7 mo | Grace Power Private Limited |
| Assariparampil Kuruvilla Joseph DIN 02090868 | Director | 01 Nov 2022 | 4 yrs | Grace Power Private Limited |
Financials of Graspire
Figures of Grace Power Private Limited, the primary company behind Graspire, for FY 2024. Revenue was ₹1.34 Cr (-80% year on year). Net loss was -₹34 Lakh (-25% margin). EBITDA was ₹7.8 Lakh (6% margin). Revenue has grown at a compounded annual rate of -27% over three years and -28% over five years.
- ₹1.34 CrRevenue · FY 2024 · -80% YoY
- -₹34 LakhNet loss · -25% margin
- ₹7.8 LakhEBITDA · 6% margin
- ₹40 LakhPaid-up capital
- 5Employees (provident fund records)
- -27%Revenue CAGR, 3 years
- -28%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Grace Power Private Limited are on its company page.
Detailed financial statements for Graspire
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.
Top companies in Online Learning Platforms
3 companies that operate in the same segment as Graspire (Online Learning Platforms) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
People Group is engaged in creating and operating digital brands. | 1996 | Mumbai, Maharashtra, India | USD 8 M | USD 37.34 M | ||
Educational platform offering free materials on subjects like Islam, economics, and science. | 2014 | Bengaluru, Karnataka, India | USD 8.54 M | 32 | ||
An app-based platform that connects students for educational networking and collaboration. | 2021 | Bengaluru, Karnataka, India | USD 3.95 M | USD 2.14 K | 14 |
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Frequently Asked Questions about Graspire
Graspire was founded in 2016.
Graspire is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Graspire has 5 employees.
The primary company behind Graspire, Grace Power Private Limited, reported revenue of ₹1.34 Cr for FY 2024, down 80% year on year.
Graspire provides a platform for skill development and learning opportunities, focusing on involved in educational services, online learning, providing skill development, and platforms. It serves clients with dedicated solutions, emphasizing quality, innovation, and sustainable growth in its core markets. It continues to evolve, meeting industry challenges with strategic approaches.
Graspire operates through Grace Power Private Limited.
The legal entities of Graspire currently have 3 directors, including Joseph Shibu, Grace Assariparampill Joseph, Assariparampil Kuruvilla Joseph.