About LetzConnect
LetzConnect is a company based in Chennai (India) founded in 2016 by Aarati Ghana Shyam. LetzConnect has raised $1.5 million across 3 funding rounds from investors including Obopay, SucSEED and MYNDRIVEN SOLUTIONS. LetzConnect operates in a competitive market with competitors including ClassDojo, Brainly, Goodwall, Cricket Media and Answers, among others.
- Headquarter Chennai, India
- Founders Aarati Ghana Shyam
- Stage Minicorn
-
Sectors
EducationMedia & Entertainment
-
Email
Locked
-
Phone
Locked
-
Website
Locked
-
Social
Locked
-
Annual Revenue
$13.69 K (USD)-93as on Mar 31, 2021
-
Net Profit
-$207.74 K (USD)15as on Mar 31, 2023
-
EBITDA
-$94.18 K (USD)24as on Mar 31, 2023
-
Total Equity Funding
$1.5 M (USD)
in 3 rounds
-
Latest Funding Round
$321.27 K (USD), Seed
Mar 25, 2020
-
Investors
Obopay
& 39 more
-
Employee Count
Not available
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Funding Insights of LetzConnect
LetzConnect has successfully raised a total of $1.5M across 3 strategic funding rounds. The most recent funding activity was a Seed round of $321.27 thousand completed in March 2020. 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 LetzConnect
LetzConnect has secured backing from 40 investors, including institutional, angel, and venture fund investors. Prominent investors backing the company include Obopay, SucSEED and MYNDRIVEN SOLUTIONS.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Venture capital and support services for startups in emerging technologies.
|
Locked | Locked | Locked | |
|
Offers AWS cloud practice, professional services, and virtual teams for business projects.
|
Locked | Locked | Locked | |
|
Mobile payment solutions for businesses
|
Locked | Locked | Locked |
Investor details for LetzConnect
Investor domains, locations, round participation, and complete history require an active premium plan.
- Investor domains
- Investor locations
- Funding rounds
- Participation history
Verified entity values are shown only after access is granted.
Investments & Acquisitions by LetzConnect
Investment portfolio details for LetzConnect
Portfolio company identities, transaction dates, round details, and investment values require an active premium plan.
- Portfolio identities
- Transaction dates
- Round details
- Investment values
Verified entity values are shown only after access is granted.
Financial Statements - LetzConnect
Detailed financials for LetzConnect
Historical revenue, profit, statement rows, ratios, and trend charts require an active premium plan.
- Historical revenue
- Profit trends
- Statement rows
- Financial ratios
Verified entity values are shown only after access is granted.
Letzconnect Comparisons
Peer comparison for LetzConnect
Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.
- Named peers
- Headcount comparison
- Funding comparison
- Operating benchmarks
Verified entity values are shown only after access is granted.
Competitors of LetzConnect
LetzConnect 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 ClassDojo, Brainly, Goodwall, Cricket Media and Answers, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| Locked | Locked | Locked |
Real-time classroom behavior feedback is delivered to students by teachers.
|
|
| Locked | Locked | Locked |
Learning resources for school students are provided via question-answering platform.
|
|
| Locked | Locked | Locked |
Online learning community for students and young professionals
|
|
| Locked | Locked | Locked |
Children's educational magazines, language programs, and eMentoring services are provided.
|
|
| Locked | Locked | Locked |
Questions are asked and answered on a social Q&A platform.
|
|
| Locked | Locked | Locked |
Mobile-based platform providing social streaming services for kids
|
Detailed competitors of LetzConnect
Competitor domains, locations, full profiles, and operating metrics require an active premium plan.
- Domains and locations
- Full company profiles
- Operating metrics
- Competitive positioning
Verified entity values are shown only after access is granted.
Latest news on Letzconnect
Complete news archive for LetzConnect
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Frequently Asked Questions about LetzConnect
LetzConnect was founded in 2016.
LetzConnect is headquartered in Chennai, India. It is registered at Chennai, Tamil Nadu, India.
LetzConnect is a funded company, having raised a total of $1.5M across 3 funding rounds to date.
Annual revenue of LetzConnect is $13.69K as on Mar 31, 2021.
LetzConnect is an online collaborative platform for youth. It allows users to communicate, showcase, learn, and share with one another. It also allows students to discover their potential, explore real-world opportunities, and boost their career. It provides books, videos, photos, and more.
LetzConnect has 40 investors. Key investors include Obopay, SucSEED, MYNDRIVEN SOLUTIONS, Moti Lal Vyas, and Krunal Mahendrakumar Raval.
The valuation of LetzConnect is $14.17M as of Mar 2020.