About Kyt
Kyt is a company based in Bengaluru (India) founded in 2020 by Bhavik Rathod.. Kyt has raised $5 million across 1 funding round 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
$5 M (USD)
in 1 rounds
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Latest Funding Round
$5 M (USD), Series A
Jan 10, 2021
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Investors
Alpha Wave Global
& 3 more
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Employee Count
1
as on Apr 30, 2024
- Investments & Acquisitions
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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 $5M through 1 strategic funding round. 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.
- Total Funding Total Funding
- Total Rounds 1
- Last Round Series A — $5.0M
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First Round
First Round
(10 Jan 2021)
- Investors Count 4
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan, 2021 | Amount | Series A - Kyt | Valuation | Alpha Wave Global |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Kyt
Kyt has secured backing from 4 investors, including venture fund investors. Prominent investors backing the company include Alpha Wave Global, Sequoia Capital and January Capital. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Venture capital firm focused on growth-stage companies
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Founded Year | Domain | Location | |
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Sequoia Capital is engaged in venture capital investments.
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Founded Year | Domain | Location | |
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Venture capital and growth credit are provided to technology companies.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Kyt
Kyt has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include DIY.org. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| 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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2011 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Kyt
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Kyt Comparisons
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. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Doubt clearing app for various subjects
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| domain | founded_year | HQ Location |
Provider of a learning application for school children
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| domain | founded_year | HQ Location |
Provider of learning platform for kids
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| domain | founded_year | HQ Location |
Multi-disciplinary learning solutions are delivered via a student-focused app.
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| domain | founded_year | HQ Location |
Offers accredited online courses for mental health, insurance, and real estate professionals.
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| domain | founded_year | HQ Location |
Scholarship programs for school students are offered via mobile platform.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Kyt
Frequently Asked Questions about Kyt
When was Kyt founded?
Kyt was founded in 2020 and raised its 1st funding round 1 year after it was founded.
Where is Kyt located?
Kyt is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Who is the current CEO of Kyt?
Bhavik Rathod is the current CEO of Kyt. They have also founded this company.
Is Kyt a funded company?
Kyt is a funded company, having raised a total of $5M across 1 funding round to date. The company's 1st funding round was a Series A of $5M, raised on Jan 10, 2021.
How many employees does Kyt have?
As of Apr 30, 2024, the latest employee count at Kyt is 1.
What is the annual revenue of Kyt?
Annual revenue of Kyt is $78.16K as on Mar 31, 2020.
What does Kyt do?
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.
Who are the top competitors of Kyt?
Kyt's top competitors include Doubtnut, Hellosaurus and simpleclub.
How many acquisitions has Kyt made?
Kyt has made 1 acquisition, including DIY.org.
Who are Kyt's investors?
Kyt has 4 investors. Key investors include Alpha Wave Global, Sequoia Capital, January Capital, and Titan Capital.
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