About Gray Matters India
Gray Matters India is a company based in Hyderabad (India) founded in 2013 was acquired by ConveGenius in August 2020.. Gray Matters India has raised $1.33 million across 2 funding rounds from investors including ConveGenius, Michael & Susan Dell Foundation and Gray Matters Capital. The company has 32 employees as of August 30, 2025. Gray Matters India operates in a competitive market with competitors including NSPIRA, Prisa, Ambow Education, EAB and Boxlight, among others.
- Headquarter Hyderabad, India
- Employees 32 as on 30 Aug, 2025
- Stage Minicorn
-
Sectors
Education
-
Phone
*********
-
Website
*********
-
Social
*********
- Legal Name Convegenius Insights Private Limited
- Date of Incorporation 20 Sep, 2013
- Jurisdiction Hyderabad, Telangana, India
-
Annual Revenue
$1.13 M (USD)36.32as on Mar 31, 2024
-
Net Profit
$122.86 K (USD)-11.71as on Mar 31, 2024
-
EBITDA
$273.62 K (USD)19.3as on Mar 31, 2024
-
Total Equity Funding
$1.33 M (USD)
in 2 rounds
-
Latest Funding Round
$615.6 K (USD), Seed
Oct 27, 2015
-
Investors
ConveGenius
& 3 more
-
Employee Count
32
as on Aug 30, 2025
-
Acquired by
ConveGenius
(Aug 10, 2020)
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
Funding Insights of Gray Matters India
Gray Matters India has successfully raised a total of $1.33M across 2 strategic funding rounds. The most recent funding activity was a Seed round of $615.6 thousand completed in October 2015. 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 — $615,604
-
First Round
First Round
(14 Jan 2014)
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct, 2015 | Amount | Seed - Gray Matters India | Valuation | Gray Matters Capital , Michael & Susan Dell Foundation |
|
| Jan, 2014 | Amount | Seed - Gray Matters India | Valuation | Michael & Susan Dell Foundation |
| 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 Gray Matters India
Gray Matters India has secured backing from 4 investors, including venture fund and institutional investors. Prominent investors backing the company include ConveGenius, Michael & Susan Dell Foundation and Gray Matters Capital. 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 |
|---|---|---|---|---|
|
Potato farming, grain marketing, and equipment services in Maine.
|
Founded Year | Domain | Location | |
|
A foundation focused on transforming lives through education and health.
|
Founded Year | Domain | Location | |
|
Education and poverty initiatives are funded by the foundation.
|
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 Gray Matters India
| 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 - Gray Matters India
| 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 |
Gray Matters India Comparisons
Competitors of Gray Matters India
Gray Matters India 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 NSPIRA, Prisa, Ambow Education, EAB and Boxlight, 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 |
Management services to the education sector are provided.
|
|
| domain | founded_year | HQ Location |
Education, information, and entertainment media are provided across platforms.
|
|
| domain | founded_year | HQ Location |
Educational IT solutions and services provider for K-12 schools and tutoring centers
|
|
| domain | founded_year | HQ Location |
Admission and retention services are delivered to higher education institutions.
|
|
| domain | founded_year | HQ Location |
Interactive classroom technology is developed and provided for education.
|
|
| domain | founded_year | HQ Location |
Provider of student discounts and benefits
|
| 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.
|
Frequently Asked Questions about Gray Matters India
When was Gray Matters India founded?
Gray Matters India was founded in 2013 and raised its 1st funding round 1 year after it was founded.
Where is Gray Matters India located?
Gray Matters India is headquartered in Hyderabad, India. It is registered at Hyderabad, Telangana, India.
Is Gray Matters India a funded company?
Gray Matters India is a funded company, having raised a total of $1.33M across 2 funding rounds to date. The company's 1st funding round was a Seed of $717.84K, raised on Jan 14, 2014.
How many employees does Gray Matters India have?
As of Aug 30, 2025, the latest employee count at Gray Matters India is 32.
What is the annual revenue of Gray Matters India?
Annual revenue of Gray Matters India is $1.13M as on Mar 31, 2024.
What does Gray Matters India do?
Gray Matters India was founded in 2013 and is headquartered in Hyderabad, India. Operations focus on the education sector, where administration programs are delivered to support institutional management and efficiency. Services include program development and implementation tailored for educational organizations. The company maintains an online presence through its domain, graymatters.in, facilitating access to resources and consultations across India. Activities emphasize practical solutions for administrative challenges in education.
Who are the top competitors of Gray Matters India?
Gray Matters India's top competitors include NSPIRA, EAB and Minerva Project.
Who are Gray Matters India's investors?
Gray Matters India has 4 investors. Key investors include ConveGenius, Michael & Susan Dell Foundation, Gray Matters Capital, and MSDF.
What is Gray Matters India's valuation?
The valuation of Gray Matters India is $2.98M as of Oct 2015.