Ingenium

Delhi, India Founded: 2018 • Age: 8 yrs Minicorn
Custom apps and branded LMS solutions are provided by Ingenium.

About Ingenium

Ingenium is an Education company based in Delhi (India) founded in 2018 by Mohit Patel, Pramudit Somvanshi, and Aakash Gupta. Custom apps and branded LMS solutions are provided by Ingenium. It operates on a SaaS (Software-as-a-Service) model. Ingenium has raised $701.79 thousand across 4 funding rounds from investors including Hem Securities, Lead Angels and Faad Capital. Ingenium was last valued at $2.66 million in July 2022. Its website ingeniumedu.com draws about 15 thousand monthly visits. Its Indian entity Gapspasm Technology Solutions Private Limited reported revenue of β‚Ή24.9 Lakh. Ingenium offers products and services including Custom App for Coaching Institutes and Branded LMS & CRM. Its focus areas include Technology, Educational Technology and Learning Management Systems. Its competitors include Classplus and EduGorilla; 2 of its 2 listed competitors have raised funding.

Company details

Custom applications for coaching institutes are developed by Ingenium. Branded Learning Management Systems (LMS) and Customer Relationship Management (CRM) tools are offered to educational organizations. Focus is placed on tailored solutions for the education sector, ensuring efficient management and enhanced learning experiences. Services are designed to support coaching institutes with digital transformation.

  • Headquarters Delhi, India
  • Founders Mohit Patel, Pramudit Somvanshi, Aakash Gupta
  • Stage Minicorn
  • Sectors
    Education
  • Email
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  • Phone
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  • Website ingeniumedu.com
  • Social LinkedIn Facebook
  • Legal Name Gapspasm Technology Solutions Private Limited
  • Date of Incorporation 07 Jun, 2018
  • Jurisdiction Farrukhabad, Uttar Pradesh, India
Key Metrics
  • Annual Revenue
    ₹24.9 Lakh

    FY 2024 · +257% YoY

  • Net Loss
    -₹88.7 Lakh

    FY 2024 · -356% margin

  • EBITDA
    -₹1.18 Cr

    FY 2024 · -474% margin

  • Total Equity Funding
    $701.79K (USD)

    in 4 rounds

  • Latest Funding Round
    $278.04K (USD), Seed

    Mar 2023

  • Investors

Products & Services of Ingenium

Ingenium offers a comprehensive portfolio of products and services, including Custom App for Coaching Institutes and Branded LMS & CRM.

Custom App for Coaching Institutes
Educational Technology

Custom app developed for coaching institutes' management needs.

Branded LMS & CRM
Educational Technology

Branded learning and customer management system is provided.

Apps and channels of Ingenium

Ingenium publishes 2 mobile apps with over 11K+ downloads.

INDIAN COUNSELLING SERVICES
Google Play Education Everyone Free
Developer: Ingenium Education 2
View on Google Play
SOLUTION
Google Play Education Everyone Free
Developer: Ingenium Education 2
View on Google Play

Funding Insights of Ingenium

Ingenium has successfully raised a total of $701.79K across 4 strategic funding rounds. The most recent funding activity was a Seed round of $278.04 thousand completed in March 2023. 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 $701,789
  • Total Rounds 4
  • Last Round Seed β€” $278,038
  • First Round $67,381

    (Mar 2020)

  • Investors Count 90

All 4 funding rounds of Ingenium with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Mar 2023$278,038Seed–Shreya Jain, Haystack
Jul 2022$136,477Seed$2.66MLead Angels
Apr 2021$219,893Seed$2.13MLead Angels, Kushal Khandwala
Mar 2020$67,381Seed$β€’β€’β€’β€’β€’Sanjay Nagi
Valuation history
DateValuationStage
Jul 2022$2.66Mβ€’β€’β€’β€’β€’β€’β€’β€’
Apr 2021$2.13Mβ€’β€’β€’β€’β€’β€’β€’β€’

Last known valuation $2.66M (Jul 2022). 90 investors in total: 17 institutional and 73 angel.

Investors in Ingenium

Ingenium has secured backing from 90 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Hem Securities, Lead Angels and Faad Capital.

All
Venture Fund
Institutional
Angel
InvestorDescriptionFounded YearDomainLocation
Investment in high-growth startups and angel funding services in India.
2014leadangels.inMumbai, India
Angel investor network investing in early-stage startups
iangroup.vcDelhi, India
Multiple-stage venture capital investments are managed by Haystack.
haystack.vcMenlo Park, United States
Angel network focused on early-stage investments
2015faad.inDelhi, India
Startup acceleration, funding, and mentorship services are delivered by India Accelerator.
2017indiaaccelerator.coGurugram, India
Family assets are managed by the Viney Sahgal Family Trust.
vineysahgalfamilytrust.tcc.mode
Offers a unified IT service suite for infrastructure management and user support.
2019savytur.comHyderabad, India
High-precision injection moulded components and assemblies are manufactured.
1994sparrowit.comBengaluru, India
IT entrepreneurship, investments, and philanthropy initiatives.
2019bikramdasgupta.comKolkata, India
Corporate advisory services are provided to businesses in India.
neevadvisors.comBengaluru, India
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Investor details for Ingenium

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Board of directors of Gapspasm Technology Solutions Private Limited (Ingenium)

Gapspasm Technology Solutions Private Limited is the primary company behind Ingenium. The board of Gapspasm Technology Solutions Private Limited currently have 4 directors; the longest-serving is Pramudit Somvanshi, appointed in 2018. 2 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Pramudit Somvanshi
DIN 08151724
Director07 Jun 20188 yrs 4 moGapspasm Technology Solutions Private Limited
Akash Gupta
DIN 08151725
Director07 Jun 20188 yrs 4 moGapspasm Technology Solutions Private Limited
Mohit Patel
DIN 08450196
Director11 May 20197 yrs 5 moGapspasm Technology Solutions Private Limited
Vikas Kuthiala
DIN 01071170
Director20 May 20206 yrs 5 moGapspasm Technology Solutions Private Limited

People of Ingenium

5 people are tracked at Ingenium (3 in leadership, 2 in team).

NameRoleGroup
Co-FounderLeadership
Co-FounderLeadership
Aakash Gupta
Co-FounderLeadership
Anushka Kashyap
Customer Account ManagerTeam
Shubham Dev
Program ManagerTeam
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Complete people profiles for Ingenium

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Financials of Ingenium

Figures of Gapspasm Technology Solutions Private Limited, the primary company behind Ingenium, for FY 2024. Revenue was ₹24.9 Lakh (+257% year on year). Net loss was -₹88.7 Lakh (-356% margin). EBITDA was -₹1.18 Cr (-474% margin). Revenue has grown at a compounded annual rate of +33% over three years.

  • ₹24.9 LakhRevenue · FY 2024 · +257% YoY
  • -₹88.7 LakhNet loss · -356% margin
  • -₹1.18 CrEBITDA · -474% margin
  • ₹7.6 LakhPaid-up capital
  • +33%Revenue CAGR, 3 years

Balance sheet, profit and loss, cash flow and ratios of Gapspasm Technology Solutions Private Limited are on its company page.

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Detailed financial statements for Ingenium

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 Ingenium

4 dated milestones of Ingenium across 5 years, from founding to its latest funding, stage changes and deals.

  1. Founded Ingenium is founded.
  2. Funding First funding round of $67K.
  3. Milestone Reaches Minicorn status.
  4. Funding Latest funding round, Seed, of $278K.

Competitors of Ingenium

Ingenium has 2 listed competitors in our database, 2 of them funded. They include Classplus and EduGorilla.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
classplusapp.com2018Noida, India$278.93M349
White-label online coaching platform is provided for educators.
edugorilla.com2016Lucknow, India$4.22M11
Online courses and mock tests for competitive exams are offered.
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Detailed competitors of Ingenium

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Web traffic of Ingenium

The website of Ingenium (ingeniumedu.com) receives about 14.9K visits a month.

  • Monthly visits
    14.9K

    ▼ 8.8% vs previous month

Similar websites

Websites whose visitors overlap most with Ingenium. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
google.com
100%
85.8B#1View details

Top companies in Corporate & Professional Learning Platforms

2 companies that operate in the same segment as Ingenium (Corporate & Professional Learning Platforms) in India, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Professional certification training courses are provided via an online platform.
2015Mumbai, Maharashtra, IndiaUSD 371.77 MUSD 143.62 M6,673
Vernacular-based hyperlocal platform for online programming mentoring is developed.
2014Chennai, Tamil Nadu, IndiaUSD 3.9 MUSD 4.13 M496
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Related news about Ingenium

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Frequently Asked Questions about Ingenium

Ingenium was founded in 2018 and raised its 1st funding round 2 years after it was founded.

Ingenium is headquartered in Delhi, India. It is registered at Delhi, Delhi, India.

Ingenium is a funded company, having raised a total of $701.79K across 4 funding rounds to date. The company's 1st funding round was a Seed of $67.38K, raised on Mar 2020.

The primary company behind Ingenium, Gapspasm Technology Solutions Private Limited, reported revenue of β‚Ή24.9 Lakh for FY 2024, up 257% year on year.

Custom applications for coaching institutes are developed by Ingenium. Branded Learning Management Systems (LMS) and Customer Relationship Management (CRM) tools are offered to educational organizations. Focus is placed on tailored solutions for the education sector, ensuring efficient management and enhanced learning experiences. Services are designed to support coaching institutes with digital transformation.

Ingenium's top competitors include Classplus and EduGorilla.

Ingenium offers Custom App for Coaching Institutes and Branded LMS & CRM.

Ingenium has 90 investors. Key investors include Hem Securities, Lead Angels, Faad Capital, India Accelerator, and Sparrow Technologies.

The valuation of Ingenium is $2.66M as of Jul 2022.

Ingenium operates through Gapspasm Technology Solutions Private Limited.

The legal entities of Ingenium currently have 4 directors, including Mohit Patel, Pramudit Somvanshi, Akash Gupta and others.

Yes. Ingenium publishes INDIAN COUNSELLING SERVICES and 1 more app, with over 11,000 downloads.

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