About Innolat
Innolat is a company based in Raipur (India) founded in 2015 by Prakriti Khare. Innolat has raised $28.78 thousand across 1 funding round from investors including KIIT. Innolat operates in a competitive market with competitors including NovoEd, eDynamic Learning, Boclips, Aktiv and The Student Hub, among others.
- Headquarter Raipur, India
- Founders Prakriti Khare
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Sectors
Education
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Email
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Phone
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Website
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Social
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- Legal Name Innolat Technologies Private Limited
- Date of Incorporation 31 May, 2016
- Jurisdiction Raipur, Chattisgarh, India
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Annual Revenue
$5.1 K (USD)-83.06as on Mar 31, 2021
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Net Profit
-$21.5 K (USD)36.16as on Mar 31, 2021
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EBITDA
-$16.61 K (USD)64.74as on Mar 31, 2021
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Total Equity Funding
$28.78 K (USD)
in 1 rounds
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Latest Funding Round
$28.78 K (USD), Seed
Jan 07, 2019
- Investors
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Employee Count
Employee Count
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Funding Insights of Innolat
Innolat has successfully raised a total of $28.78K through 1 strategic funding round. The most recent funding activity was a Seed round of $28.78 thousand completed in January 2019. 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 Funding
- Total Rounds 1
- Last Round Seed — $28,781
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First Round
First Round
(07 Jan 2019)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan, 2019 | Amount | Seed - Innolat | Valuation | KIIT |
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Investors in Innolat
Innolat has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include KIIT.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Multiple undergraduate and postgraduate programs are offered in diverse fields.
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Founded Year | Domain | Location |
Investments & Acquisitions by Innolat
Financial Statements - Innolat
Innolat Comparisons
Competitors of Innolat
Innolat 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 NovoEd, eDynamic Learning, Boclips, Aktiv and The Student Hub, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Online learning and training programs platform
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| domain | founded_year | HQ Location |
Curriculum-based online courses are offered in diverse subjects.
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| domain | founded_year | HQ Location |
Online learning management providers for schools and universities
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| domain | founded_year | HQ Location |
Provider of online learning solutions for school students
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| domain | founded_year | HQ Location |
Learning solutions are offered via an online platform for students.
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| domain | founded_year | HQ Location |
Mobile-based platform providing learning solutions for college students
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Latest news on Innolat
Frequently Asked Questions about Innolat
Innolat was founded in 2015 and raised its 1st funding round 4 years after it was founded.
Innolat is headquartered in Raipur, India. It is registered at Raipur, Chhattisgarh, India.
Innolat is a funded company, having raised a total of $28.78K across 1 funding round to date. The company's 1st funding round was a Seed of $28.78K, raised on Jan 07, 2019.
Annual revenue of Innolat is $5.1K as on Mar 31, 2021.
Personalized virtual learning platform for undergraduates. iLrnn - their flagship product, is a cloud-based platform offering a suite of features to create an interactive learning environment for educational institutions ranging from colleges, schools, and training organizations. Allows students to learn self-paced blended courses, complete assignments, virtually interact with industry-based mentors and peers for immediate query resolution. Offered courses include AngularJS, Bootstrap, Android software development, IoT, AR VR, SQL, and more. Also offers live internship projects to learn industry-relevant skills.
Innolat's top competitors include NovoEd, Boclips and eDynamic Learning.
Innolat has 1 investor. Key investors include KIIT.
The valuation of Innolat is $647.01K as of Jan 2019.