About Kyt
Kyt is a company based in Bengaluru (India) founded in 2020 by Bhavik Rathod. Kyt has raised $7.5 million across 2 funding rounds from investors including Alpha Wave Global, Sequoia Capital and January Capital. The company has 1 employees as of April 30, 2024. Kyt has completed 1 acquisition, including DIY.org. Kyt operates in a competitive market with competitors including Doubtnut, simpleclub, Hellosaurus, Maqsad and EducUp, among others.
- Headquarter Bengaluru, India
- Employees 1 as on 30 Apr, 2024
- Founders Bhavik Rathod
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Sectors
Education
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Phone
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Website
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Social
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Annual Revenue
$78.16 K (USD)0as on Mar 31, 2020
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Net Profit
-$195.93 K (USD)0as on Mar 31, 2020
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EBITDA
-$190.77 K (USD)0as on Mar 31, 2020
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Total Equity Funding
$7.5 M (USD)
in 2 rounds
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Latest Funding Round
$5 M (USD), Series A
Jan 10, 2021
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Investors
Alpha Wave Global
& 8 more
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Employee Count
1
as on Apr 30, 2024
- Investments & Acquisitions
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People of Kyt
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Co Team
1 people
Advisor Team
1 people
Leadership Team
1 people
Software Development Team
1 people
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Funding Insights of Kyt
Kyt has successfully raised a total of $7.5M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $5 million completed in January 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.
Investors in Kyt
Kyt has secured backing from 9 investors, including venture fund and angel investors. Prominent investors backing the company include Alpha Wave Global, Sequoia Capital and January Capital.
| Investor | Description | Founded Year | Domain | Location |
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Venture capital firm focused on growth-stage companies
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Sequoia Capital is engaged in venture capital investments.
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Venture capital and growth credit are provided to technology companies.
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Investor details for Kyt
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Investments & Acquisitions by Kyt
Kyt has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include DIY.org.
Investment portfolio details for Kyt
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| Company Name | Description | Domain | Location | Founded Year | Amount |
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Online community platform for kids' skill-building and collaboration is provided.
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Complete acquisition details for Kyt
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Financial Statements - Kyt
Detailed financials for Kyt
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Kyt Comparisons
Peer comparison for Kyt
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Competitors of Kyt
Kyt 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 Doubtnut, simpleclub, Hellosaurus, Maqsad and EducUp, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Doubt clearing app for various subjects
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Provider of a learning application for school children
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Provider of learning platform for kids
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Multi-disciplinary learning solutions are delivered via a student-focused app.
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Offers accredited online courses for mental health, insurance, and real estate professionals.
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Scholarship programs for school students are offered via mobile platform.
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Detailed competitors of Kyt
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Latest news on Kyt
Complete news archive for Kyt
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Frequently Asked Questions about Kyt
Kyt was founded in 2020.
Kyt is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Bhavik Rathod is the current CEO of Kyt. They have also founded this company.
Kyt is a funded company, having raised a total of $7.5M across 2 funding rounds to date.
As of Apr 30, 2024, the latest employee count at Kyt is 1.
Annual revenue of Kyt is $78.16K as on Mar 31, 2020.
Kyt was founded in 2020 and is based in Bengaluru, India. A digital platform is operated to deliver extracurricular courses, learning materials, projects, and interactive content targeted at K-12 students. Resources are focused on enhancing educational experiences outside traditional schooling. The edtech sector is served through accessible online tools designed for young learners across various subjects.
Kyt's top competitors include Doubtnut, Hellosaurus and simpleclub.
Kyt has made 1 acquisition, including DIY.org.
Kyt has 9 investors. Key investors include Alpha Wave Global, Sequoia Capital, January Capital, Titan Capital, and Surge.