About IMAX Program
IMAX Program is a Business Services company based in Bengaluru (India) founded in 2013 by Naveen Mandava and Varun Kumar. Personalized learning materials and tools are provided to schools. It operates in the Business Services and Education sectors. IMAX Program has raised $15.3 million across 2 funding rounds from investors including Michael & Susan Dell Foundation, Lightrock India and LGT Impact. The company has 132 employees. Its Indian entity Classklap Private Limited reported revenue of ₹39.23 Cr. IMAX Program offers products and services including 21st Century Curriculum, School Mitra ERP, Enounce Spoken English Lab, Pickatale ELibrary, and MathBuddy. Its focus areas include Educational Support Services, B2B, Curriculum Design and BPO Services. Its competitors include Datamatics, Quess and CESC; 1 of its 3 listed competitors has raised funding.
Company details
IMAX was founded in 2013 in Bengaluru, India, within the education sector. Partnerships with schools are maintained to deliver personalized learning materials, teacher support, examinations, feedback mechanisms, individualized worksheets, and digital educational tools. Operations focus on student assessments and resources. As of February 2018, 600,000 exams were conducted for 300,000 students.
- Headquarters Bengaluru, India
- Employees 132
- Founders Naveen Mandava, Varun Kumar
- SectorsBusiness ServicesEducation
- Email••••••••
- Phone•••• ••••
- Website imaxprogram.com
- Social LinkedIn X Facebook
- Legal Name Classklap Private Limited
- Date of Incorporation 12 Aug, 2009
- Jurisdiction Rupnagar, Punjab, India
- Annual Revenue₹39.23 Cr
FY 2023 · +80% YoY
- Net Loss-₹1.23 Cr
FY 2023 · -3% margin
- EBITDA₹3.81 Cr
FY 2023 · 10% margin
- Total Equity Funding$15.3M (USD)
in 2 rounds
- Latest Funding Round$13.5M (USD), Series B
Feb 2018
- InvestorsMichael & Susan Dell Foundation
& 2 more
- Employee Count132
Associated legal entities of IMAX Program
IMAX Program operates through Classklap Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2023) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Classklap Private Limited CIN U93000PB2009PTC054618 | Active | 12 Aug 2009 | Mohali, Punjab | ₹39.2 Cr | 132 | 2 | View details |
Products & Services of IMAX Program
IMAX Program offers a comprehensive portfolio of products and services, including 21st Century Curriculum, School Mitra ERP, Enounce Spoken English Lab, Pickatale ELibrary, and MathBuddy.
NEP 2020 based practices for improving student literacy and numeracy skills.
Platform for handling school operations and parent communications.
Program for practicing fluency, pronunciation, and intonation in English.
Interactive platform with over 1300 children's books for reading.
Tool for teaching math concepts through classroom activities.
Child-centric approach to learning computer science basics.
Funding Insights of IMAX Program
IMAX Program has successfully raised a total of $15.3M across 2 strategic funding rounds. The most recent funding activity was a Series B round of $13.5 million completed in February 2018. 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 $15.3M
- Total Rounds 2
- Last Round Series B — $13.5M
- First Round $1.8M
(Oct 2014)
- Investors Count 3
All 2 funding rounds of IMAX Program 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 |
|---|---|---|---|---|---|
| Feb 2018 | $13.5M | Series B | – | Lightrock India | |
| Oct 2014 | $1.8M | Series A | – | – |
3 investors in total: 3 institutional.
Investors in IMAX Program
IMAX Program has secured backing from 3 investors, including venture fund and institutional investors. Prominent investors backing the company include Michael & Susan Dell Foundation, Lightrock India and LGT Impact.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
UK private equity investments are managed by LGT Impact. | lgtimpact.com | London, United Kingdom | ||
Private equity firm focused on healthcare, renewable energy, education, and other sectors | 2019 | lr-india.com | Bengaluru, India | |
A foundation focused on transforming lives through education and health. | 1999 | dell.org | Austin, United States |
Investor details for IMAX Program
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
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- Investor portfolios
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Verified entity values are shown only after access is granted.
Board of directors of Classklap Private Limited (IMAX Program)
Classklap Private Limited is the primary company behind IMAX Program. The board of Classklap Private Limited currently have 2 directors; the longest-serving is Naveen Mandava, appointed in 2009. 4 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Naveen Mandava DIN 02715101 | Director | 12 Aug 2009 | 17 yrs 2 mo | Classklap Private Limited |
| Varun Kumar DIN 05114298 | Director | 01 Jan 2011 | 15 yrs 9 mo | Classklap Private Limited |
People of IMAX Program
2 people are tracked at IMAX Program (2 in leadership); the tracked headcount is 132.
| Name | Role | Group |
|---|---|---|
| Co-Founder | Leadership | |
| Co-Founder | Leadership |
Complete people profiles for IMAX Program
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
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- Board tenure
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Verified entity values are shown only after access is granted.
Financials of IMAX Program
Figures of Classklap Private Limited, the primary company behind IMAX Program, for FY 2023. Revenue was ₹39.23 Cr (+80% year on year). Net loss was -₹1.23 Cr (-3% margin). EBITDA was ₹3.81 Cr (10% margin). Revenue has grown at a compounded annual rate of -7% over three years and +2% over five years.
- ₹39.23 CrRevenue · FY 2023 · +80% YoY
- -₹1.23 CrNet loss · -3% margin
- ₹3.81 CrEBITDA · 10% margin
- ₹5.02 CrPaid-up capital
- 132Employees (provident fund records)
- -7%Revenue CAGR, 3 years
- +2%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Classklap Private Limited are on its company page.
Detailed financial statements for IMAX Program
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
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Timeline of IMAX Program
3 dated milestones of IMAX Program across 5 years, from founding to its latest funding, stage changes and deals.
- Founded IMAX Program is founded.
- Funding First funding round of $1.8M.
- Funding Latest funding round, Series B, of $13.5M.
Competitors of IMAX Program
IMAX Program has 3 listed competitors in our database, 1 of them funded. They include Datamatics, Quess and CESC.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| datamatics.com | 1975 | Mumbai, India | $3M | 5,875 | Cloud-based text analytics and cognitive automation services are provided. | |
| quesscorp.com | 2007 | Bengaluru, India | 1,860 | Provider of outsourcing and business services | ||
| cesc.co.in | 1879 | Kolkata, India | 6,320 | Electricity generation and distribution are provided in eastern India. |
Detailed competitors of IMAX Program
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
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Top companies in Business Process Outsourcing (BPO)
3 companies that operate in the same segment as IMAX Program (Business Process Outsourcing (BPO)) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Provider of outsourcing and business services | 2007 | Bengaluru, Karnataka, India | USD 1.63 B | 441,150 | ||
Cloud-based text analytics and cognitive automation services are provided. | 1975 | Mumbai, Maharashtra, India | USD 3 M | USD 211.78 M | 4,960 | |
Electricity generation and distribution are provided in eastern India. | 1879 | Kolkata, West Bengal, India | USD 1.98 B | 5,690 |
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Related news about Imax Program
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Frequently Asked Questions about IMAX Program
IMAX Program was founded in 2013 and raised its 1st funding round 1 year after it was founded.
IMAX Program is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
IMAX Program is a funded company, having raised a total of $15.3M across 2 funding rounds to date. The company's 1st funding round was a Series A of $1.8M, raised on Oct 2014.
IMAX Program has 132 employees.
The primary company behind IMAX Program, Classklap Private Limited, reported revenue of ₹39.23 Cr for FY 2023, up 80% year on year.
IMAX was founded in 2013 in Bengaluru, India, within the education sector. Partnerships with schools are maintained to deliver personalized learning materials, teacher support, examinations, feedback mechanisms, individualized worksheets, and digital educational tools. Operations focus on student assessments and resources. As of February 2018, 600,000 exams were conducted for 300,000 students.
IMAX Program's top competitors include Quess, Datamatics and CESC.
IMAX Program offers 21st Century Curriculum, School Mitra ERP, Enounce Spoken English Lab, Pickatale ELibrary, and 2 more products and services.
IMAX Program has 3 investors. Key investors include Michael & Susan Dell Foundation, Lightrock India, and LGT Impact.
IMAX Program operates through Classklap Private Limited.
The legal entities of IMAX Program currently have 2 directors, including Naveen Mandava, Varun Kumar.