About LEO 1
LEO 1 is an Education company based in Mumbai (India) founded in 2017 by Debi Prasad Baral, Naveesh Reddy, and Rohit Gajbhiye. It operates in the Education and Financial Services sectors. LEO 1 has raised $42.14 million across 9 funding rounds from investors including Waaree Energies, Hem Securities and LetsVenture. The company has 114 employees. LEO 1 was last valued at $108.1 million in May 2024. Its chief executive, as recorded, is Rohit Gajbhiye. Its focus areas include FinTech, Payments, Business Payments and Industry Specific. Its competitors include Auxilo, Eduvanz and GrayQuest; 3 of its 3 listed competitors have raised funding.
Company details
Provider of alumni network platform with banking, rewards, and connection features. The platform facilitates communication and engagement between alumni and institutions. It offers tools for verified communication, data-driven alumni connections, and institutional branding. The platform supports career growth through mentorship and provides access to benefits. Its offerings include fee management systems, EMI-based fee payment options, smart ID cards, and a rewards program that incentivizes timely payments with redeemable coins.. It also provides financial literacy modules, virtual stock simulators, and access to education loans to support students and institutions.
- Annual Revenue$1.11 M (USD)-19as on Mar 31, 2024
- Net Profit-$5.82 M (USD)26as on Mar 31, 2024
- EBITDA-$5.53 M (USD)27as on Mar 31, 2024
- Total Equity Funding$42.14M (USD)
in 9 rounds
- InvestorsWaaree Energies
& 147 more
- Employee Count114
Associated legal entities of LEO 1
LEO 1 is associated with 2 registered companies on The Company Check. Each company page carries the filings, financials, charges and directors of that entity.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2026) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Gajju Technologies Private Limited CIN U74999MH2017PTC301676 | Active | 10 Nov 2017 | Mumbai, Maharashtra | ₹11.2 Cr | 135 | 4 | View details |
| Visionary Financepeer Private Limited CIN U67200MH2017PTC292862 | Active | 23 Mar 2017 | Mumbai, Maharashtra | ₹2.2 Cr | 57 | 3 | View details |
Funding Insights of LEO 1
LEO 1 has successfully raised a total of $42.14M across 9 strategic funding rounds. 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 $42.14M
- Total Rounds 9
- First Round $160,740
(Mar 2019)
- Investors Count 148
All 9 funding rounds of LEO 1 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 2024 | Series B | – | Ardent Venture Partners, DMI Sparkle Fund | ||
| May 2024 | $203,561 | Series B | $108.1M | – | |
| May 2024 | $202,811 | Series B | – | Fortyfivesports.tcc.mode | |
| May 2024 | $202,811 | Series B | – | – | – |
| Apr 2022 | $31M | Series B | $60.46M | QED Investors, Aavishkaar Capital | |
| Apr 2021 | $6.67M | Series B | $••••• | DMI Sparkle Fund, 100Unicorns | |
| Jun 2020 | $3M | Series A | $••••• | Aar Em Capital Ventures | |
| Sep 2019 | $708,255 | Angel Round | $••••• | PitchRight Ventures, Finkurve Financial Services | |
| Mar 2019 | $160,740 | Seed | $••••• | Amit Wadhwani, Anurag Choubey |
| Date | Valuation | Stage |
|---|---|---|
| May 2024 | $108.1M | •••••••• |
| Apr 2022 | $60.46M | •••••••• |
| Apr 2021 | $••••• | •••••••• |
| Jun 2020 | $••••• | •••••••• |
| Sep 2019 | $••••• | •••••••• |
| Mar 2019 | $••••• | •••••••• |
Full valuation and stage history of LEO 1
Every valuation point, the growth-stage changes (minicorn, soonicorn, unicorn) and the dates behind them require an active premium plan.
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Last known valuation $108.1M (May 2024). 148 investors in total: 48 institutional and 100 angel.
Investors in LEO 1
LEO 1 has secured backing from 148 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include Waaree Energies, Hem Securities and LetsVenture.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Investments in AI-native apps, vertical SaaS, and B2B fintech across the U.S. | ardent.vc | |||
Investment in technology solutions for finance sectors such as lending and insurance. | 2017 | dmisparklefund.in | New Delhi, India | |
Investment in India's startup ecosystem through private market funds and asset management. | 2021 | nuevacapital.in | Delhi, India | |
Venture capital funding is provided to multiple sectors by Maxar.vc. | maxar.vc | Mumbai, India | ||
A startup accelerator offering funding and support to early-stage companies. | 2020 | 100unicorns.in | Mumbai, India | |
Venture capital fund investing in early-stage start-ups | qedinvestors.com | Alexandria, United States | ||
Venture capital firm | aavishkaarcapital.in | Mumbai, India | ||
Early-stage startups are targeted for investment by this VC fund. | ||||
Investment and support for seed to early stage businesses are provided by Yukti Securities. | 1995 | yukti.in | Delhi, India | |
Private equity investments are directed across multiple sectors. | Mumbai, India |
Investor details for LEO 1
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
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Board of directors of LEO 1
The boards of the 2 registered companies of LEO 1 currently have 4 directors; the longest-serving is Rohit Shyam Gajbhiye, appointed in 2017. 9 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Rohit Shyam Gajbhiye DIN 07734933 | Director | 10 Nov 2017 | 9 yrs | Gajju Technologies Private Limited, Visionary Financepeer Private Limited |
| Debi Prasad Baral DIN 06729510 | Director | 25 Mar 2019 | 7 yrs 7 mo | Gajju Technologies Private Limited, Visionary Financepeer Private Limited |
| Naveesh Hanumanth Reddy DIN 08141985 | Director | 25 Mar 2019 | 7 yrs 7 mo | Gajju Technologies Private Limited, Visionary Financepeer Private Limited |
| Shashvat Rai DIN 08024265 | Nominee Director | 04 May 2022 | 4 yrs 6 mo | Gajju Technologies Private Limited |
People of LEO 1
3 people are tracked at LEO 1 (3 in leadership); the tracked headcount is 114.
| Name | Role | Group |
|---|---|---|
| Co-Founder & CTO | Leadership | |
| Co-Founder & COO | Leadership | |
| Co-Founder & CEO | Leadership |
Complete people profiles for LEO 1
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
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Verified entity values are shown only after access is granted.
Financials of LEO 1
Figures of Gajju Technologies Private Limited, the primary company behind LEO 1, for FY 2026. Revenue was ₹11.16 Cr (+203% year on year). Net profit was ₹3.49 Cr (36% margin). EBITDA was ₹5.21 Cr (54% margin). Revenue has grown at a compounded annual rate of -1% over three years and +43% over five years.
- ₹11.16 CrRevenue · FY 2026 · +203% YoY
- ₹3.49 CrNet profit · 36% margin
- ₹5.21 CrEBITDA · 54% margin
- ₹4.8 LakhPaid-up capital
- 135Employees (provident fund records)
- -1%Revenue CAGR, 3 years
- +43%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Gajju Technologies Private Limited are on its company page.
Detailed financial statements for LEO 1
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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Timeline of LEO 1
4 dated milestones of LEO 1 across 7 years, from founding to its latest funding, stage changes and deals.
- Founded LEO 1 is founded.
- Funding First funding round of $161K.
- Milestone Reaches Minicorn status.
- Funding Latest funding round, Series B,.
Competitors of LEO 1
LEO 1 has 3 listed competitors in our database, 3 of them funded. They include Auxilo, Eduvanz and GrayQuest.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| auxilo.com | 2017 | Mumbai, India | $127.05M | 459 | Financial products for education loans and services are provided. | |
| eduvanz.com | 2016 | Mumbai, India | $40.28M | 137 | Financial assistance is provided for education, career, and skills development. | |
| grayquest.com | 2017 | Mumbai, India | $25.21M | 252 | SaaS-based fee collection platform for educational institutions is offered. |
Detailed competitors of LEO 1
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
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Verified entity values are shown only after access is granted.
Web traffic of LEO 1
The website of LEO 1 (leo1.in) receives about 6.3K visits a month.
- Monthly visits6.3K
▼ 46.9% vs previous month
Top companies in Education Technology Platforms
3 companies that operate in the same segment as LEO 1 (Education Technology Platforms) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Online educational resources and test preparation for exams are provided. | 2016 | Noida, Uttar Pradesh, India | USD 275 M | USD 415.66 M | 15,046 | |
AI-powered robots are provided as companions for children. | 2015 | Mumbai, Maharashtra, India | USD 107.78 M | |||
Integrated edtech systems are provided for K-12 schools. | 2012 | Mumbai, Maharashtra, India | USD 172.33 M | USD 45.8 M | 1,140 |
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Related news about Leo 1
Complete news archive for LEO 1
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Frequently Asked Questions about LEO 1
LEO 1 was founded in 2017 and raised its 1st funding round 2 years after it was founded.
LEO 1 is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Rohit Gajbhiye is the CEO of LEO 1, as recorded in our data. They have also founded this company.
LEO 1 is a funded company, having raised a total of $42.14M across 9 funding rounds to date. The company's 1st funding round was a Seed of $160.74K, raised on Mar 2019.
LEO 1 has 114 employees.
Annual revenue of LEO 1 is $1.11M as on Mar 31, 2024.
Provider of alumni network platform with banking, rewards, and connection features. The platform facilitates communication and engagement between alumni and institutions. It offers tools for verified communication, data-driven alumni connections, and institutional branding. The platform supports career growth through mentorship and provides access to benefits. Its offerings include fee management systems, EMI-based fee payment options, smart ID cards, and a rewards program that incentivizes timely payments with redeemable coins.. It also provides financial literacy modules, virtual stock simulators, and access to education loans to support students and institutions.
LEO 1 has 148 investors. Key investors include Waaree Energies, Hem Securities, LetsVenture, Appyhigh, and Arvog.
The valuation of LEO 1 is $108.1M as of May 2024.
LEO 1 is associated with 2 legal entities: Gajju Technologies Private Limited, Visionary Financepeer Private Limited.
The legal entities of LEO 1 currently have 4 directors, including Rohit Shyam Gajbhiye, Debi Prasad Baral, Naveesh Hanumanth Reddy and others.