About Hobspace
Hobspace is a Consumer company based in Mumbai (India) founded in 2019 by Dharmil Sheth, Bhaskar Raju Konduru, Nirupam Sheth, Priya Goel Sheth, and Harsh Jain. It operates in the Consumer and Education sectors. 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. Hobspace was last valued at $19.31 million in May 2022. Its focus areas include EdTech, K-12 EdTech, After School Activities and Retail. Its legal entity in India is Eduk8 Learning Labs Private Limited (U80900MH2019PTC326271). Its competitors include TalentGum and Taught Academy; 1 of its 2 listed competitors has raised funding.
Company details
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.
- Headquarters Mumbai, India
- Employees 38
- Founders Dharmil Sheth, Bhaskar Raju Konduru, Nirupam Sheth, Priya Goel Sheth, Harsh Jain
- Stage Minicorn
- SectorsConsumerEducation
- Website hobspace.com
- Social LinkedIn X
- Legal Name Eduk8 Learning Labs Private Limited
- Date of Incorporation 04 Jun, 2019
- Jurisdiction Mumbai, Maharashtra, India
- Net Loss-₹36.8 Lakh
FY 2025 · -3324619% margin
- EBITDA-₹36.8 Lakh
FY 2025 · -3324619% margin
- Total Equity Funding$6.39M (USD)
in 4 rounds
- Latest Funding Round$4.5M (USD), Seed
May 2022
- InvestorsWellfound
& 75 more
- Employee Count38
Associated legal entities of Hobspace
Hobspace operates through Eduk8 Learning Labs Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Eduk8 Learning Labs Private Limited CIN U80900MH2019PTC326271 | Active | 04 Jun 2019 | Mumbai, Maharashtra | ₹0.0 Cr | 38 | 3 | View details |
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 $6.39M
- Total Rounds 4
- Last Round Seed — $4.5M
- First Round $460,175
(Apr 2020)
- Investors Count 76
All 4 funding rounds of Hobspace with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May 2022 | $4.5M | Seed | $19.31M | Artha Venture Fund, Shivanand Shankar Mankekar | |
| Oct 2021 | $1.29M | Seed | $6.26M | Kedar Shivanand Mankekar, Kedar Shivanand Mankekar | |
| Jan 2021 | $136,631 | Seed | $••••• | Inflection Point Ventures, Amin Safani | |
| Apr 2020 | $460,175 | Seed | $••••• | Artha Venture Fund, AngelList |
| Date | Valuation | Stage |
|---|---|---|
| May 2022 | $19.31M | •••••••• |
| Oct 2021 | $6.26M | •••••••• |
| Jan 2021 | $••••• | •••••••• |
| Apr 2020 | $••••• | •••••••• |
Full valuation and stage history of Hobspace
Every valuation point, the growth-stage changes (minicorn, soonicorn, unicorn) and the dates behind them require an active premium plan.
- All valuation points
- Stage changes
- Dates
- Exports
Verified entity values are shown only after access is granted.
Last known valuation $19.31M (May 2022). 76 investors in total: 12 institutional and 64 angel.
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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Venture capital investments in Indian startups across various sectors. | 2017 | artha.vc | Mumbai, India | |
Single family office of Shivanand Shankar Mankekar, founder of manekar family office | Mumbai, India | |||
Investments are made in early-stage tech startups across sectors. | ipventures.in | Gurugram, India | ||
Micro venture capital fund focused on tech startups | 2020 | upsparks.vc | Bengaluru, India | |
Seed and early-stage tech investments are targeted in Finland. | icebreaker.vc | Helsinki, Finland | ||
Early-stage tech companies are invested in by Icebreaker Tech. | Mumbai, India | |||
Provider of sports cultural events organisation and management services | Mumbai, India | |||
Startup jobs are connected to individuals via a dedicated platform. | 2013 | wellfound.com | New York, United States | |
Investment consulting services are provided by the firm in Mumbai. | axience.com | Mumbai, India | ||
Real estate development services are provided in Gwalior, India. | Gwalior, India |
Investor details for Hobspace
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
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Board of directors of Eduk8 Learning Labs Private Limited (Hobspace)
Eduk8 Learning Labs Private Limited is the primary company behind Hobspace. The board of Eduk8 Learning Labs Private Limited currently have 3 directors; the longest-serving is Priya Goel, appointed in 2019. 5 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Priya Goel DIN 08471341 | Director | 04 Jun 2019 | 7 yrs 5 mo | Eduk8 Learning Labs Private Limited |
| Harsh Jain DIN 08561952 | Director | 17 Sep 2019 | 7 yrs 1 mo | Eduk8 Learning Labs Private Limited |
| Konduru Bhaskar Raju DIN 07982270 | Director | 03 Feb 2020 | 6 yrs 9 mo | Eduk8 Learning Labs Private Limited |
People of Hobspace
5 people are tracked at Hobspace (5 in leadership); the tracked headcount is 38.
| Name | Role | Group |
|---|---|---|
| Co-Founder | Leadership | |
| Co-Founder | Leadership | |
| Co-Founder | Leadership | |
Priya Goel Sheth | Co-Founder | Leadership |
| Co-Founder | Leadership |
Complete people profiles for Hobspace
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
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Verified entity values are shown only after access is granted.
Financials of Hobspace
Figures of Eduk8 Learning Labs Private Limited, the primary company behind Hobspace, for FY 2025. Net loss was -₹36.8 Lakh (-3324619% margin). EBITDA was -₹36.8 Lakh (-3324619% margin). Revenue has grown at a compounded annual rate of -99% over three years and -79% over five years.
- -₹36.8 LakhNet loss · -3324619% margin
- -₹36.8 LakhEBITDA · -3324619% margin
- ₹11.5 LakhPaid-up capital
- 38Employees (provident fund records)
- -99%Revenue CAGR, 3 years
- -79%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Eduk8 Learning Labs Private Limited are on its company page.
Detailed financial statements for Hobspace
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
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- Downloads
Verified entity values are shown only after access is granted.
Timeline of Hobspace
4 dated milestones of Hobspace across 3 years, from founding to its latest funding, stage changes and deals.
- Founded Hobspace is founded.
- Funding First funding round of $460K.
- Milestone Reaches Minicorn status.
- Funding Latest funding round, Seed, of $4.5M.
Competitors of Hobspace
Hobspace has 2 listed competitors in our database, 1 of them funded. They include TalentGum and Taught Academy.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| talentgum.com | 2019 | Gurugram, India | 142 | Online extracurricular courses for kids are provided by TalentGum. | ||
| taught.academy | 2021 | Bengaluru, India | $88,728 | Online platform offering video based courses for students in arts and crafts |
Detailed competitors of Hobspace
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
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Verified entity values are shown only after access is granted.
Web traffic of Hobspace
Websites that share an audience with Hobspace (hobspace.com).
Websites whose visitors overlap most with Hobspace. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| themorningcontext.com | 100% | 248.1K | #199,417 | View details |
Top companies in Beauty & Personal Care Products
3 companies that operate in the same segment as Hobspace (Beauty & Personal Care Products) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Online platform offering a wide range of baby, kids, and maternity products | 2010 | Pune, Maharashtra, India | USD 513.39 M | USD 911.07 M | 3,752 | |
Online brand offering mens grooming products | 2015 | Gurugram, Haryana, India | USD 52.66 M | |||
Retailer of perfumes, cosmetics, skincare, and related gift set items | 2012 | Gurugram, Haryana, India | USD 60.63 M |
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Related news about Hobspace
Complete news archive for Hobspace
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Frequently Asked Questions about Hobspace
Hobspace was founded in 2019 and raised its 1st funding round 1 year after it was founded.
Hobspace is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
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 $460.18K, raised on Apr 2020.
Hobspace has 38 employees.
Annual revenue of Hobspace is $1.13M as on Mar 31, 2023.
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.
Hobspace's top competitors include TalentGum and Taught Academy.
Hobspace has 76 investors. Key investors include Wellfound, Vistra ITCL, Artha Venture Fund, Upsparks Capital, and Siddharth Shah.
The valuation of Hobspace is $19.31M as of May 2022.
Hobspace operates through Eduk8 Learning Labs Private Limited.
The legal entities of Hobspace currently have 3 directors, including Konduru Bhaskar Raju, Priya Goel, Harsh Jain.