Hobspace

Mumbai, India Founded: 2019 • Age: 7 yrs
Platform offering out-of-school activities for kids, focusing on personalized learning experiences and extracurricular development
Request Access

About Hobspace

Hobspace is a company based in Mumbai (India) founded in 2019 by Dharmil Sheth, Bhaskar Raju Konduru, Nirupam Sheth, Priya Goel Sheth, and Harsh Jain.. Hobspace has raised $6.39 million across 4 funding rounds from investors including Wellfound, Vistra ITCL and Artha Venture Fund. The company has 38 employees as of March 31, 2024. Hobspace operates in a competitive market with competitors including Primer, TalentGum, Classover, Magic Makers and Betabox, among others.

  • Headquarter Mumbai, India
  • Employees 38 as on 31 Mar, 2024
  • Founders Dharmil Sheth, Bhaskar Raju Konduru, Nirupam Sheth, Priya Goel Sheth, Harsh Jain
  • Stage Minicorn
  • Sectors
    Consumer
    Education
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Eduk8 Learning Labs Private Limited
  • Date of Incorporation 04 Jun, 2019
  • Jurisdiction Mumbai, Maharashtra, India
Operational Areas
Consumer → Baby, Parenting & Pet Care → →
Education → Education Technology (EdTech) → →
Key Metrics
  • Annual Revenue
    $1.13 M (USD)
    5.84
    as on Mar 31, 2023
  • Net Profit
    $-2.71 M (USD)
    -163.19
    as on Mar 31, 2023
  • EBITDA
    $-2.66 M (USD)
    -163.16
    as on Mar 31, 2023
  • Total Equity Funding
    $6.39 M (USD)

    in 4 rounds

  • Latest Funding Round
    $4.5 M (USD), Seed

    May 13, 2022

  • Investors
    Wellfound

    & 75 more

  • Employee Count
    38

    as on Mar 31, 2024

Upgrade to premium

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.

Upgrade to Premium No viewing limits. Your plan controls exports and screening usage.
Included in your Premium account
  • ✓
    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 Hobspace

Hobspace has successfully raised a total of $6.39M across 4 strategic funding rounds. The most recent funding activity was a Seed round of $4.5 million completed in May 2022. 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 Rounds 4
  • Last Round Seed — $4.5M
  • First Round

    (20 Apr 2020)

  • Investors Count 76
Date Amount Transaction Name Valuation Lead Investors Investors
May, 2022 Amount Seed - Hobspace Valuation Artha Venture Fund , Shivanand Shankar Mankekar
Siddharth Shah , Shrey Event Management
Oct, 2021 Amount Seed - Hobspace Valuation Kedar Shivanand Mankekar , Kedar Shivanand Mankekar
Wellfound , Artha Venture Fund
Jan, 2021 Amount Seed - Hobspace Valuation Inflection Point Ventures , Amin Safani
Axience , Xena Infra And Logistics
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors
Emtek
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
Jan, 2021 Amount Post-IPO - Grab Valuation

investors
Hana Financial Group , GGV Capital
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners

Investors in Hobspace

Hobspace has secured backing from 76 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include Wellfound, Vistra ITCL and Artha Venture Fund. 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.

All
Venture Fund
Institutional
Angel
Investor Description Founded Year Domain Location
Artha Venture Fund
Venture capital investments in Indian startups across various sectors.
Founded Year Domain Location
Mankekar Family Office
Single family office of Shivanand Shankar Mankekar, founder of manekar family office
Founded Year Domain Location
IP Ventures
Investments are made in early-stage tech startups across sectors.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Amitabh Bachchan family office
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Signite Partners
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Sixteenth Street Capital
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
GGV Capital
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Hobspace

Investments
Company Name Description Domain Location Founded Year Amount
Bento Cloud
Bionic investment advisor platform
2016
48East
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
GrabKios by Kudo
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
48East
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - Hobspace

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors
Emtek
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
Jan, 2021 Amount Post-IPO - Grab Valuation

investors
Hana Financial Group , GGV Capital
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners

Hobspace Comparisons

Employees
+
Add Comparison
Available on Premium

Competitors of Hobspace

Hobspace 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 Primer, TalentGum, Classover, Magic Makers and Betabox, 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
Primer
domain founded_year HQ Location
Payment gateway solutions are offered to merchants and businesses.
TalentGum
domain founded_year HQ Location
Online extracurricular courses for kids are provided by TalentGum.
Classover
domain founded_year HQ Location
SaaS-driven after-school learning solutions are offered to students.
Magic Makers
domain founded_year HQ Location
Coding education is provided to children aged 7-18 through workshops.
Betabox
domain founded_year HQ Location
Online platform providing learning resources and supplies for students to make DIY projects
Company Name Domain Founded year HQ Location Description
inDrive
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
Bolt
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
Gojek
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
Dunzo
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Hobspace

Frequently Asked Questions about Hobspace

When was Hobspace founded?

Hobspace was founded in 2019 and raised its 1st funding round 1 year after it was founded.

Where is Hobspace located?

Hobspace is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.

Is Hobspace a funded company?

Hobspace is a funded company, having raised a total of $6.39M across 4 funding rounds to date. The company's 1st funding round was a Seed of $136.63K, raised on Apr 20, 2020.

How many employees does Hobspace have?

As of Mar 31, 2024, the latest employee count at Hobspace is 38.

What is the annual revenue of Hobspace?

Annual revenue of Hobspace is $1.13M as on Mar 31, 2023.

What does Hobspace do?

Platform offering out-of-school activities for kids, focusing on personalized learning experiences and extracurricular development. It has partnered with schools and specialist trainers to provide personalized curriculum and live online interactive classes.

Who are the top competitors of Hobspace?

Hobspace's top competitors include Primer, Classover and TalentGum.

Who are Hobspace's investors?

Hobspace has 76 investors. Key investors include Wellfound, Vistra ITCL, Artha Venture Fund, Upsparks Capital, and Siddharth Shah.

What is Hobspace's valuation?

The valuation of Hobspace is $19.31M as of May 2022.

Explore millions of companies — effortlessly

Access structured, verified intelligence on 7M+ companies across industries, sectors, and global markets. From early-stage startups to large enterprises, discover ownership, leadership, funding, financials, acquisitions, and market signals — all in one powerful platform.

Free account with essential features Instant access to company reports Enterprise solutions available