About INSOFE
INSOFE is a company based in Hyderabad (India) founded in 2011 by Sridhar Pappu was acquired by upGrad in May 2022. INSOFE has raised $2.6 million across 1 funding round from investors including upGrad and Kaizenvest. The company has 42 employees as of April 01, 2024. INSOFE offers products and services including Grill Parts and BBQ Accessories. INSOFE operates in a competitive market with competitors including NIIT, Centum Learning, RPS Consulting, Harvest Success Academy and Image Consulting Institute, among others.
- Headquarter Hyderabad, India
- Employees 42 as on 01 Apr, 2024
- Founders Sridhar Pappu
- Stage Minicorn
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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 Insofe Education Private Limited
- Date of Incorporation 09 Dec, 2014
- Jurisdiction Mumbai, Maharashtra, India
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Annual Revenue
$1.1 M (USD)-63.75as on Mar 31, 2023
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Net Profit
-$5.2 M (USD)-386.11as on Mar 31, 2023
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EBITDA
-$5.87 M (USD)-566.43as on Mar 31, 2023
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Total Equity Funding
$2.6 M (USD)
in 1 rounds
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Latest Funding Round
$2.6 M (USD), Seed
Mar 27, 2017
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Investors
upGrad
& 1 more
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Employee Count
42
as on Apr 01, 2024
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Acquired by
upGrad
(May 02, 2022)
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Products & Services of INSOFE
INSOFE offers a comprehensive portfolio of products and services, including Grill Parts and BBQ Accessories.
Exact-fit components for various grill models to ensure optimal performance.
Items that enhance grilling safety and maintenance for outdoor use.
Funding Insights of INSOFE
INSOFE has successfully raised a total of $2.6M through 1 strategic funding round. The most recent funding activity was a Seed round of $2.6 million completed in March 2017. 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 — $2.6M
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First Round
First Round
(27 Mar 2017)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar, 2017 | Amount | Seed - INSOFE | Valuation | Kaizenvest |
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Investors in INSOFE
INSOFE has secured backing from 2 investors, including venture fund and institutional investors. Prominent investors backing the company include upGrad and Kaizenvest.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Venture capital investments in education sectors are managed by Kaizenvest.
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Founded Year | Domain | Location | |
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Professional certification training courses are provided via an online platform.
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Founded Year | Domain | Location |
Investments & Acquisitions by INSOFE
Financial Statements - INSOFE
Insofe Comparisons
Competitors of INSOFE
INSOFE 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 NIIT, Centum Learning, RPS Consulting, Harvest Success Academy and Image Consulting Institute, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Offers training and development solutions to individuals, enterprises, and institutions
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| domain | founded_year | HQ Location |
End-to-end training and skill development solutions are delivered.
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| domain | founded_year | HQ Location |
Chain of centers offers IT training courses for corporate clients
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| domain | founded_year | HQ Location |
Operates a chain of professional training centers for skill development and education.
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| domain | founded_year | HQ Location |
Vocational training in image consulting and styling is provided.
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Frequently Asked Questions about INSOFE
INSOFE was founded in 2011 and raised its 1st funding round 6 years after it was founded.
INSOFE is headquartered in Hyderabad, India. It is registered at Hyderabad, Telangana, India.
INSOFE is a funded company, having raised a total of $2.6M across 1 funding round to date. The company's 1st funding round was a Seed of $2.6M, raised on Mar 27, 2017.
As of Apr 01, 2024, the latest employee count at INSOFE is 42.
Annual revenue of INSOFE is $1.1M as on Mar 31, 2023.
INSOFE was established in 2011 in Hyderabad, India, as an educational institute focused on the data science sector. Postgraduate programs and certifications in data science, big data analytics, and related fields are delivered through online and on-campus modes. Operations are centered in Hyderabad, with courses designed for professionals and students seeking skills in analytics and machine learning. The institute is co-founded by Sridhar Pappu.
INSOFE's top competitors include NIIT, Centum Learning and RPS Consulting.
INSOFE offers Grill Parts and BBQ Accessories.
INSOFE has 2 investors. Key investors include upGrad, and Kaizenvest.
The valuation of INSOFE is $13.47M as of Mar 2017.