About InOpen Technologies
InOpen Technologies is a company based in Mumbai (India) founded in 2009, and was acquired by Next Education in February 2016. InOpen Technologies has raised $500 thousand across 2 funding rounds from investors including Next Education, Ventureast and Benesse. The company has 1 employees. Its legal entity in India is INOPEN TECHNOLOGIES PRIVATE LIMITED (U72900MH2009PTC196124).
Company details
Provider of polar research and policy analysis services. It offers research, policy, and trade services to researchers, policymakers, and businesses. The organization conducts research on various aspects of the polar regions, including the natural environment, maritime environment, and geopolitical issues. It also provides policy advice to governments and intergovernmental organizations and supports businesses operating in the polar regions. Services include facilitating dialogue between stakeholders and promoting sustainable development in the Arctic and Antarctic.
- Headquarters Mumbai, India
- Employees 1
- Stage Acquired
- Website inopen.in
- Social LinkedIn X
- Acquired by Next Education (Feb 2016)
- Legal Name Inopen Technologies Private Limited
- Date of Incorporation 30 Sep, 2009
- Jurisdiction Mumbai, Maharashtra, India
- Net Loss-₹6.4 Lakh
FY 2020 · 0% margin
- EBITDA-₹6.4 Lakh
FY 2020 · 0% margin
- Total Equity Funding$500K (USD)
in 2 rounds
- InvestorsNext Education
& 2 more
- Employee Count1
- Acquired byNext Education
(Feb 2016)
Associated legal entities of InOpen Technologies
InOpen Technologies operates through Inopen Technologies Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2020) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Inopen Technologies Private Limited CIN U72900MH2009PTC196124 | Active | 30 Sep 2009 | Mumbai, Maharashtra | 2 | View details |
Funding Insights of InOpen Technologies
InOpen Technologies has successfully raised a total of $500K across 2 strategic funding rounds. 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 $500,000
- Total Rounds 2
- First Round $500,000
(Aug 2011)
- Investors Count 2
All 2 funding rounds of InOpen Technologies 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 |
|---|---|---|---|---|---|
| Nov 2013 | Series A | – | Benesse | – | |
| Aug 2011 | $500,000 | Seed | – | Ventureast | – |
3 investors in total: 3 institutional.
Investors in InOpen Technologies
InOpen Technologies has secured backing from 3 investors, including institutional and venture fund investors. Prominent investors backing the company include Next Education, Ventureast and Benesse.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Venture capital investments in technology, healthcare, and clean environment sectors since 1997. | 1997 | ventureast.net | Bengaluru, India | |
Educational services and support are provided across various life stages. | 1955 | benesse.co.jp | Tama, Japan | |
End-to-end SaaS-based K-12 education solutions are provided. | 2007 | nexteducation.in | Hyderabad, India |
Investor details for InOpen Technologies
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
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Board of directors of Inopen Technologies Private Limited (InOpen Technologies)
Inopen Technologies Private Limited is the primary company behind InOpen Technologies. The board of Inopen Technologies Private Limited currently have 2 directors; the longest-serving is Rupesh Kumar Sajjan Kumar Shah, appointed in 2009. 3 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Rupesh Kumar Sajjan Kumar Shah DIN 02554141 | Director | 30 Sep 2009 | 17 yrs 1 mo | Inopen Technologies Private Limited |
| Sridhar Rajamani Iyer DIN 02766690 | Director | 09 Nov 2009 | 17 yrs | Inopen Technologies Private Limited |
Financials of InOpen Technologies
Figures of Inopen Technologies Private Limited, the primary company behind InOpen Technologies, for FY 2020. Net loss was -₹6.4 Lakh (0% margin). EBITDA was -₹6.4 Lakh (0% margin). Revenue has grown at a compounded annual rate of -100% over three years and -100% over five years.
- -₹6.4 LakhNet loss · 0% margin
- -₹6.4 LakhEBITDA · 0% margin
- ₹35.6 LakhPaid-up capital
- -100%Revenue CAGR, 3 years
- -100%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Inopen Technologies Private Limited are on its company page.
Detailed financial statements for InOpen Technologies
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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Timeline of InOpen Technologies
4 dated milestones of InOpen Technologies across 7 years, from founding to its latest funding, stage changes and deals.
- Founded InOpen Technologies is founded.
- Funding First funding round of $500K.
- Funding Latest funding round, Series A,.
- Exit Acquired by Next Education.
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Related news about Inopen Technologies
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Frequently Asked Questions about InOpen Technologies
InOpen Technologies was founded in 2009 and raised its 1st funding round 2 years after it was founded.
InOpen Technologies is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
InOpen Technologies is a funded company, having raised a total of $500K across 2 funding rounds to date. The company's 1st funding round was a Seed of $500K, raised on Aug 2011.
InOpen Technologies has 1 employees.
Provider of polar research and policy analysis services. It offers research, policy, and trade services to researchers, policymakers, and businesses. The organization conducts research on various aspects of the polar regions, including the natural environment, maritime environment, and geopolitical issues. It also provides policy advice to governments and intergovernmental organizations and supports businesses operating in the polar regions. Services include facilitating dialogue between stakeholders and promoting sustainable development in the Arctic and Antarctic.
InOpen Technologies has 3 investors. Key investors include Next Education, Ventureast, and Benesse.
InOpen Technologies operates through Inopen Technologies Private Limited.
Yes. InOpen Technologies was acquired by Next Education in February 2016.
The legal entities of InOpen Technologies currently have 2 directors, including Rupesh Kumar Sajjan Kumar Shah, Sridhar Rajamani Iyer.