Hero Mindmine

Delhi, India Founded: 2000 • Age: 26 yrs Minicorn Acquired By Imarticus Learning
BPO, Retail and Banking Training
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About Hero Mindmine

Hero Mindmine is an Education company based in Delhi (India) founded in 2000, and was acquired by Imarticus Learning in April 2023. BPO, Retail and Banking Training. Hero Mindmine has raised $4.01 million across 3 funding rounds from investors including Imarticus Learning, BCIPL and Hero Investcorp. The company has 29 employees. Hero Mindmine was last valued at $9.12 million in February 2012. Its Indian entity Skillera Tech Private Limited reported revenue of ₹17.48 Cr. Its focus areas include Continuing Education Chains, Corporates and Business Skills. Its competitors include Work Better Training & Development, Safeducate and EnglishCoach; 1 of its 3 listed competitors has raised funding.

Company details

Hero MindMine, founded in 2000 as part of the Hero Group, is based in Delhi, India. Training and development services are delivered to multinational corporations, blue-chip companies, colleges, and government institutes like PSUs. Programs cover English, call center operations, retail, and telecom sectors for individuals. Operations are conducted through over 45 centers nationwide, with more than 250,000 professionals trained for Indian and global industries in the past five years.

Operational Areas
Education → Continuing Education Institutes
Key Metrics
  • Annual Revenue
    ₹17.48 Cr

    FY 2025 · -5% YoY

  • Net Profit
    ₹2.22 Cr

    FY 2025 · 13% margin

  • EBITDA
    ₹3.26 Cr

    FY 2025 · 19% margin

  • Total Equity Funding
    $4.01M (USD)

    in 3 rounds

  • Latest Funding Round
    $911.7K (USD), Seed

    Feb 2012

  • Investors
    Imarticus Learning

    & 4 more

  • Employee Count
    29
  • Acquired by
    Imarticus Learning

    (Apr 2023)

Funding Insights of Hero Mindmine

Hero Mindmine has successfully raised a total of $4.01M across 3 strategic funding rounds. The most recent funding activity was a Seed round of $911.7 thousand completed in February 2012. 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 $4.01M
  • Total Rounds 3
  • Last Round Seed — $911,700
  • First Round $1.3M

    (Dec 2007)

  • Investors Count 4

All 3 funding rounds of Hero Mindmine with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Feb 2012$911,700Seed$9.12MHero Investcorp
BCIPL
Feb 2011$1.8MSeed$8.97MPuja Investment
–
Dec 2007$1.3MSeed$•••••Brand Capital
–
Valuation history
DateValuationStage
Feb 2012$9.12M••••••••
Feb 2011$8.97M••••••••
Dec 2007$•••••••••••••
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Full valuation and stage history of Hero Mindmine

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Last known valuation $9.12M (Feb 2012). 5 investors in total: 5 institutional.

Investors in Hero Mindmine

Hero Mindmine has secured backing from 5 investors, including institutional and venture fund investors. Prominent investors backing the company include Imarticus Learning, BCIPL and Hero Investcorp.

All
Venture Fund
Institutional
InvestorDescriptionFounded YearDomainLocation
Brand Capital
Investments in early-stage startups are made by Brand Capital.
brandcapital.co.inMumbai, India
Hero Investcorp
heroinvestcorp.tcc.mode
BCIPL
Manages diversified investment portfolios across multiple asset classes.
1979bahadurchandinvestments.comDelhi, India
Puja Investment
pujainvestment.tcc.mode
Imarticus Learning
Job-oriented courses and programs are offered to professionals and freshers.
2012imarticus.orgMumbai, India
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Investor details for Hero Mindmine

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Board of directors of Skillera Tech Private Limited (Hero Mindmine)

Skillera Tech Private Limited is the primary company behind Hero Mindmine. The board of Skillera Tech Private Limited currently have 2 directors; the longest-serving is Nikhil Ajeet Barshikar, appointed in 2023. 14 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Nikhil Ajeet Barshikar
DIN 05249401
Director29 Apr 20233 yrs 5 moSkillera Tech Private Limited
Sonya Ajeet Barshikar
DIN 05249420
Director29 Apr 20233 yrs 5 moSkillera Tech Private Limited

Financials of Hero Mindmine

Figures of Skillera Tech Private Limited, the primary company behind Hero Mindmine, for FY 2025. Revenue was ₹17.48 Cr (-5% year on year). Net profit was ₹2.22 Cr (13% margin). EBITDA was ₹3.26 Cr (19% margin). Revenue has grown at a compounded annual rate of +14% over three years and -1% over five years.

  • ₹17.48 CrRevenue · FY 2025 · -5% YoY
  • ₹2.22 CrNet profit · 13% margin
  • ₹3.26 CrEBITDA · 19% margin
  • ₹10.01 CrPaid-up capital
  • 29Employees (provident fund records)
  • +14%Revenue CAGR, 3 years
  • -1%Revenue CAGR, 5 years

Balance sheet, profit and loss, cash flow and ratios of Skillera Tech Private Limited are on its company page.

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Detailed financial statements for Hero Mindmine

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Timeline of Hero Mindmine

5 dated milestones of Hero Mindmine across 23 years, from founding to its latest funding, stage changes and deals.

  1. Founded Hero Mindmine is founded.
  2. Funding First funding round of $1.3M.
  3. Milestone Reaches Minicorn status.
  4. Funding Latest funding round, Seed, of $912K.
  5. Exit Acquired by Imarticus Learning.

Competitors of Hero Mindmine

Hero Mindmine has 3 listed competitors in our database, 1 of them funded. They include Work Better Training & Development, Safeducate and EnglishCoach.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
Work Better Training & Development
workbetterindia.com2008Mumbai, India$782,66470
Corporate training in soft skills and behavior is delivered.
Safeducate
safeducate.com2007Delhi, India38
Offers training and skill development services in logistics and supply chain management.
EnglishCoach
englishcoachservices.com2013Chennai, India
EnglishCoach operates a chain of centers offering business communication training and assessments.
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Detailed competitors of Hero Mindmine

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Top companies in Continuing Education Institutes

2 companies that operate in the same segment as Hero Mindmine (Continuing Education Institutes) in India, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
NIIT
Offers training and development solutions to individuals, enterprises, and institutions
1981Gurugram, Haryana, IndiaUSD 41.57 M
iSTAR Skill Development
Center of education providing skill development programs
2009Bengaluru, Karnataka, IndiaUSD 990.88 K68
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Related news about Hero Mindmine

Imarticus Learning acquires HeroMindmine
Entrackr • 3 years ago
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Complete news archive for Hero Mindmine

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Frequently Asked Questions about Hero Mindmine

Hero Mindmine was founded in 2000 and raised its 1st funding round 7 years after it was founded.

Hero Mindmine is headquartered in Delhi, India. It is registered at Delhi, Delhi, India.

Hero Mindmine is a funded company, having raised a total of $4.01M across 3 funding rounds to date. The company's 1st funding round was a Seed of $1.3M, raised on Dec 2007.

Hero Mindmine has 29 employees.

The primary company behind Hero Mindmine, Skillera Tech Private Limited, reported revenue of ₹17.48 Cr for FY 2025, down 5% year on year.

Hero MindMine, founded in 2000 as part of the Hero Group, is based in Delhi, India. Training and development services are delivered to multinational corporations, blue-chip companies, colleges, and government institutes like PSUs. Programs cover English, call center operations, retail, and telecom sectors for individuals. Operations are conducted through over 45 centers nationwide, with more than 250,000 professionals trained for Indian and global industries in the past five years.

Hero Mindmine's top competitors include Safeducate, Work Better Training & Development and EnglishCoach.

Hero Mindmine has 5 investors. Key investors include Imarticus Learning, BCIPL, Hero Investcorp, Puja Investment, and Brand Capital.

The valuation of Hero Mindmine is $9.12M as of Feb 2012.

Hero Mindmine operates through Skillera Tech Private Limited.

Yes. Hero Mindmine was acquired by Imarticus Learning in April 2023.

The legal entities of Hero Mindmine currently have 2 directors, including Nikhil Ajeet Barshikar, Sonya Ajeet Barshikar.

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