Kyt

Bengaluru, India Founded: 2020 • Age: 6 yrs
Platform offering learning resources for kids

About Kyt

Kyt is an Education company based in Bengaluru (India) founded in 2020 by Bhavik Rathod. Platform offering learning resources for kids. 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. Kyt has completed 1 acquisition, including DIY.org. Its chief executive, as recorded, is Bhavik Rathod. Its Indian entity Kythub Technologies Private Limited reported revenue of ₹94.4 Lakh. Its focus areas include EdTech, K-12 EdTech, B2C Learning Solutions and Diversified. Its competitors include Doubtnut and Auro Scholar; 1 of its 2 listed competitors has raised funding.

Company details

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.

Key Metrics
  • Annual Revenue
    ₹94.4 Lakh

    FY 2024 · -91% YoY

  • Net Profit
    ₹7.2 Lakh

    FY 2024 · 8% margin

  • EBITDA
    ₹11.7 Lakh

    FY 2024 · 12% margin

  • Total Equity Funding
    $7.5M (USD)

    in 2 rounds

  • Latest Funding Round
    $5M (USD), Series A

    Jan 2021

  • Investors
  • Employee Count
    1
  • Investments & Acquisitions

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.

  • Total Funding $7.5M
  • Total Rounds 2
  • Last Round Series A — $5M
  • First Round $2.5M

    (Nov 2020)

  • Investors Count 9

All 2 funding rounds of Kyt with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Jan 2021$5MSeries A–Alpha Wave Global
Nov 2020$2.5MSeed–Surge
Valuation history

9 investors in total: 5 institutional and 4 angel.

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.

All
Venture Fund
Angel
InvestorDescriptionFounded YearDomainLocation
Venture capital firm focused on growth-stage companies
alphawaveglobal.comNew York, United States
Sequoia Capital is engaged in venture capital investments.
1972sequoiacap.com
Venture capital and growth credit are provided to technology companies.
january.capitalSingapore, Singapore
Investments are made in early-stage companies by Titan Capital.
titancapital.vcGurugram, India
surgeahead.com

Kunal Shah

unknown_a6d9b4ed8bf24970a

Amrish Rau

unknown_ab522a028ada44418

Martin Li

unknown_45106a2223b94b57b

Allen Penn

unknown_c0a15226a029485fb
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Investor details for Kyt

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Board of directors of Kythub Technologies Private Limited (Kyt)

Kythub Technologies Private Limited is the primary company behind Kyt. The board of Kythub Technologies Private Limited currently have 2 directors; the longest-serving is Tripti Bhavik Rathod, appointed in 2019. 2 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Tripti Bhavik Rathod
DIN 08554525
Director04 Sep 20197 yrs 2 moKythub Technologies Private Limited
Bhavik Kantilal Rathod
DIN 05135473
Director13 Oct 20215 yrsKythub Technologies Private Limited

People of Kyt

5 people are tracked at Kyt (4 in leadership, 1 in team); the tracked headcount is 1.

NameRoleGroup
Co-Founder & CEOLeadership
Vardhman Jain
Co-FounderLeadership
Prateek Raj
Chief of StaffLeadership
Samuel Paul Chandrasegaran
Senior Director, EngineeringLeadership
Tripti A.
AdvisorTeam
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Financials of Kyt

Figures of Kythub Technologies Private Limited, the primary company behind Kyt, for FY 2024. Revenue was ₹94.4 Lakh (-91% year on year). Net profit was ₹7.2 Lakh (8% margin). EBITDA was ₹11.7 Lakh (12% margin). Revenue has grown at a compounded annual rate of -54% over three years.

  • ₹94.4 LakhRevenue · FY 2024 · -91% YoY
  • ₹7.2 LakhNet profit · 8% margin
  • ₹11.7 LakhEBITDA · 12% margin
  • ₹35.7 LakhPaid-up capital
  • 1Employees (provident fund records)
  • -54%Revenue CAGR, 3 years

Balance sheet, profit and loss, cash flow and ratios of Kythub Technologies Private Limited are on its company page.

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Detailed financial statements 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.

Acquisitions
Company NameDescriptionDomainLocationFoundedAcquiredAmount
Online community platform for kids' skill-building and collaboration is provided.
diy.orgSan Francisco, United States2011Feb 2021••••
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Timeline of Kyt

4 dated milestones of Kyt across 1 years, from founding to its latest funding, stage changes and deals.

  1. Founded Kyt is founded.
  2. Funding First funding round of $2.5M.
  3. Funding Latest funding round, Series A, of $5.0M.
  4. Acquisition Acquires DIY.org.

Competitors of Kyt

Kyt has 2 listed competitors in our database, 1 of them funded. They include Doubtnut and Auro Scholar.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
doubtnut.com2016Gurugram, India$53.71M6,355
Doubt clearing app for various subjects
auroscholar.com2019Delhi, India
Scholarship programs for school students are offered via mobile platform.
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Detailed competitors of Kyt

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Top companies in Education Technology Platforms

3 companies that operate in the same segment as Kyt (Education Technology Platforms) in India, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Online educational resources and test preparation for exams are provided.
2016Noida, Uttar Pradesh, IndiaUSD 275 MUSD 415.66 M15,046
AI-powered robots are provided as companions for children.
2015Mumbai, Maharashtra, IndiaUSD 107.78 M
Integrated edtech systems are provided for K-12 schools.
2012Mumbai, Maharashtra, IndiaUSD 172.33 MUSD 45.8 M1,140
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Related news about 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 CEO of Kyt, as recorded in our data. They have also founded this company.

Kyt is a funded company, having raised a total of $7.5M across 2 funding rounds to date. The company's 1st funding round was a Seed of $2.5M, raised on Nov 2020.

The primary company behind Kyt, Kythub Technologies Private Limited, reported revenue of ₹94.4 Lakh for FY 2024, down 91% year on year.

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 and Auro Scholar.

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.

Kyt operates through Kythub Technologies Private Limited.

The legal entities of Kyt currently have 2 directors, including Bhavik Kantilal Rathod, Tripti Bhavik Rathod.

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