About Jigsaw Academy
Jigsaw Academy is an Education company based in Bengaluru (India) founded in 2011, and was acquired by UNext Learning in November 2021. Online academy for data analytics training is provided. Jigsaw Academy has raised $3 million across 2 funding rounds from investors including Manipal Global, ThinCats and Manipal Group. The company has 51 employees. Jigsaw Academy was last valued at $10.49 million in December 2015. Its Indian entity Jigsaw Academy Education Private Limited reported revenue of ₹3.95 Cr. Jigsaw Academy offers products and services including Certification Programs and Enterprise Offerings. Its focus areas include EdTech, Continued Learning, Professional and Online Learning. Its competitors include upGrad, Unstop and Imarticus Learning; 3 of its 3 listed competitors have raised funding.
Company details
Jigsaw Academy provides an online academy for learning data analytics. It provides training and education in the field of data science and big data analytics. Its course content covers general subjects as well as more specialized areas like Churn Analytics, Risk Analytics, and customized content as per corporate requirements. It works on an enrollment basis and the students are offered data scientist certification. It also offers analytic training workshops for corporates and MBA institutes.
- Headquarters Bengaluru, India
- Employees 51
- Stage Acquired
- SectorsEducation
- Email••••••••
- Website jigsawacademy.com
- Social LinkedIn X Facebook
- Acquired by UNext Learning (Nov 2021)
- Legal Name Jigsaw Academy Education Private Limited
- Date of Incorporation 21 Jan, 2011
- Jurisdiction Bangalore, Karnataka, India
- Annual Revenue₹3.95 Cr
FY 2025 · -77% YoY
- Net Loss-₹6.29 Cr
FY 2025 · -159% margin
- EBITDA₹1.09 Cr
FY 2025 · 28% margin
- Total Equity Funding$3M (USD)
in 2 rounds
- Latest Funding Round$2.83M (USD), Debt – Conventional
Jun 2021
- InvestorsManipal Global
& 6 more
- Employee Count51
- Acquired by
Associated legal entities of Jigsaw Academy
Jigsaw Academy is associated with 2 registered companies on The Company Check; the primary company is Jigsaw Academy Education Private Limited. Each company page carries the filings, financials, charges and directors of that entity.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Jigsaw Academy Education Private Limited CIN U80301KA2011PTC056734 | Active | 21 Jan 2011 | Bangalore, Karnataka | ₹3.9 Cr | 51 | 2 | View details |
| Unext Learning Private Limited CIN U80302KA2009PTC050865 | Active | 07 Sep 2009 | Bengaluru, Karnataka | ₹512 Cr | 602 | 6 | View details |
Products & Services of Jigsaw Academy
Jigsaw Academy offers a comprehensive portfolio of products and services, including Certification Programs and Enterprise Offerings.
Industry-relevant training in technology and analytics for career development.
Tailored solutions for businesses in technology education and certifications.
Funding Insights of Jigsaw Academy
Jigsaw Academy has successfully raised a total of $3M across 2 strategic funding rounds. The most recent funding activity was a Debt – Conventional round of $2.83 million completed in June 2021. 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 $3M
- Total Rounds 2
- Last Round Debt – Conventional — $2.83M
- First Round $3M
(Dec 2015)
- Investors Count 5
All 2 funding rounds of Jigsaw Academy 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 |
|---|---|---|---|---|---|
| Jun 2021 | $2.83M | Debt – Conventional | – | – | |
| Dec 2015 | $3M | Series A | $10.49M | MeritTrac, Manipal Global |
| Date | Valuation | Stage |
|---|---|---|
| Dec 2015 | $10.49M | •••••••• |
Last known valuation $10.49M (Dec 2015). 7 investors in total: 5 institutional and 2 angel.
Investors in Jigsaw Academy
Jigsaw Academy has secured backing from 7 investors, including institutional and angel investors. Prominent investors backing the company include Manipal Global, ThinCats and Manipal Group.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
An online marketplace for business loans is operated and developed. | 2010 | thincats.com | Tamworth, United Kingdom | |
Assessment solutions are provided for enterprises and educational institutions. | 2000 | merittrac.com | Bengaluru, India | |
University offering degrees in medicine, dentistry & foundation in science | 2001 | manipalglobal.com | Bengaluru, India | |
Education, healthcare, insurance, and research services are provided globally. | 1993 | manipalgroup.com | Bengaluru, India | |
SP Siddarth Pai | Founding Partner at 3one4 Capital, active angel investor in Indian startups | unknown_27600e3eaf5746fcb | ||
MP Mohandas Pai | Former Infosys CFO, prominent angel investor, and education advocate | unknown_594b341b05d542efa | ||
Offers online courses and certifications in emerging technologies and professional development. | 2020 | u-next.com | Bengaluru, India |
Investor details for Jigsaw Academy
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Board of directors of Jigsaw Academy Education Private Limited (Jigsaw Academy)
Jigsaw Academy Education Private Limited is the primary company behind Jigsaw Academy. The boards of the 2 registered companies of Jigsaw Academy currently have 6 directors; the longest-serving is Ambrish Sinha, appointed in 2020. 26 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Ambrish Sinha DIN 08966481 | Director | 07 Dec 2020 | 5 yrs 10 mo | Jigsaw Academy Education Private Limited, Unext Learning Private Limited |
| Ranjan Ramdas Pai DIN 00863123 | Director | 10 Dec 2020 | 5 yrs 10 mo | Unext Learning Private Limited |
| Gopal Devanahalli DIN 07105349 | Director | 22 Apr 2021 | 5 yrs 6 mo | Unext Learning Private Limited |
| Balaji Durai Iyengar DIN 01373485 | Director | 17 Aug 2023 | 3 yrs 2 mo | Jigsaw Academy Education Private Limited |
| Chandra Sekhar Reddy Garisa DIN 03057784 | Director | 26 Mar 2025 | 1 yr 6 mo | Unext Learning Private Limited |
| Shyam Powar DIN 01679598 | Director | 26 Mar 2025 | 1 yr 6 mo | Unext Learning Private Limited |
Financials of Jigsaw Academy
Figures of Jigsaw Academy Education Private Limited, the primary company behind Jigsaw Academy, for FY 2025. Revenue was ₹3.95 Cr (-77% year on year). Net loss was -₹6.29 Cr (-159% margin). EBITDA was ₹1.09 Cr (28% margin). Revenue has grown at a compounded annual rate of -47% over three years and -25% over five years.
- ₹3.95 CrRevenue · FY 2025 · -77% YoY
- -₹6.29 CrNet loss · -159% margin
- ₹1.09 CrEBITDA · 28% margin
- ₹1.3 LakhPaid-up capital
- 51Employees (provident fund records)
- -47%Revenue CAGR, 3 years
- -25%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Jigsaw Academy Education Private Limited are on its company page.
Detailed financial statements for Jigsaw Academy
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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Verified entity values are shown only after access is granted.
Timeline of Jigsaw Academy
6 dated milestones of Jigsaw Academy across 10 years, from founding to its latest funding, stage changes and deals.
- Founded Jigsaw Academy is founded.
- Funding First funding round of $3.0M.
- Milestone Reaches Minicorn status.
- Exit Acquired by Manipal Group.
- Funding Latest funding round, Debt – Conventional, of $2.8M.
- Exit Acquired by UNext Learning.
Competitors of Jigsaw Academy
Jigsaw Academy has 3 listed competitors in our database, 3 of them funded. They include upGrad, Unstop and Imarticus Learning.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| upgrad.com | 2015 | Mumbai, India | $329.18M | 7,972 | Professional certification training courses are provided via an online platform. | |
| unstop.com | 2017 | Delhi, India | $5.28M | 54 | Online platform for talent engagement and skill based hiring | |
| imarticus.org | 2012 | Mumbai, India | $11.71M | 691 | Job-oriented courses and programs are offered to professionals and freshers. |
Detailed competitors of Jigsaw Academy
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
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Web traffic of Jigsaw Academy
Websites that share an audience with Jigsaw Academy (jigsawacademy.com).
Websites whose visitors overlap most with Jigsaw Academy. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
databrio.com | databrio.com | 100% | #9,005,613 | – | |
| isb.edu | 97% | 727.3K | #54,211 | View details | |
| analyticsindiamag.com | 94% | 429.7K | #130,970 | View details | |
analyticstraining.com | analyticstraining.com | 82% | – | ||
smartdrill.com | smartdrill.com | 74% | – | ||
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 12 similar websites and full traffic analytics for Jigsaw Academy
The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.
- 12 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
Verified entity values are shown only after access is granted.
Top companies in Corporate & Professional Learning Platforms
2 companies that operate in the same segment as Jigsaw Academy (Corporate & Professional Learning Platforms) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Professional certification training courses are provided via an online platform. | 2015 | Mumbai, Maharashtra, India | USD 371.77 M | USD 143.62 M | 6,673 | |
Vernacular-based hyperlocal platform for online programming mentoring is developed. | 2014 | Chennai, Tamil Nadu, India | USD 3.9 M | USD 4.13 M | 496 |
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Related news about Jigsaw Academy
Complete news archive for Jigsaw Academy
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Frequently Asked Questions about Jigsaw Academy
Jigsaw Academy was founded in 2011 and raised its 1st funding round 4 years after it was founded.
Jigsaw Academy is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Jigsaw Academy is a funded company, having raised a total of $3M across 2 funding rounds to date. The company's 1st funding round was a Series A of $3M, raised on Dec 2015.
Jigsaw Academy has 51 employees.
The primary company behind Jigsaw Academy, Jigsaw Academy Education Private Limited, reported revenue of ₹3.95 Cr for FY 2025, down 77% year on year.
Jigsaw Academy provides an online academy for learning data analytics. It provides training and education in the field of data science and big data analytics. Its course content covers general subjects as well as more specialized areas like Churn Analytics, Risk Analytics, and customized content as per corporate requirements. It works on an enrollment basis and the students are offered data scientist certification. It also offers analytic training workshops for corporates and MBA institutes.
Jigsaw Academy's top competitors include upGrad, Unstop and Imarticus Learning.
Jigsaw Academy offers Certification Programs and Enterprise Offerings.
Jigsaw Academy has 7 investors. Key investors include Manipal Global, ThinCats, Manipal Group, MeritTrac, and UNext Learning.
The valuation of Jigsaw Academy is $10.49M as of Dec 2015.
Jigsaw Academy is associated with 2 legal entities: Jigsaw Academy Education Private Limited, Unext Learning Private Limited.
Yes. Jigsaw Academy was acquired by UNext Learning in November 2021.