Magic Bus

Mumbai, India Founded: 1999 • Age: 27 yrs
Children in India are mentored by trained local youth volunteers.
Annual revenue $17.0M Latest available
Total funding - 1 rounds
Employees 2520 Tracked headcount
Investors 1 Known backers
Products 2 Services tracked
Competitors - Brand Intelligence

About Magic Bus

Magic Bus is a company based in Mumbai (India) founded in 1999. The company has 2,520 employees as of April 06, 2024. Magic Bus offers products and services including Adolescent Life Skills Education and Youth Skilling and Livelihood Programmes.

  • Headquarter Mumbai, India
  • Employees 2520 as on 06 Apr, 2024
  • Sectors
    Government & Social Sector
  • Email
    Locked
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Magic Bus India Foundation
  • Date of Incorporation 14 Feb, 2001
  • Jurisdiction Navi Mumbai, Maharashtra, India
Operational Areas
Government & Social Sector → Charitable & Nonprofit Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $16.98 M (USD)
    25.56
    as on Mar 31, 2023
  • Net Profit
    $770.63 K (USD)
    -10.53
    as on Mar 31, 2023
  • EBITDA
    $1.26 M (USD)
    12.29
    as on Mar 31, 2023
  • Latest Funding Round
    Not available
  • Investors
  • Employee Count
    2520

    as on Apr 06, 2024

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Products & Services of Magic Bus

Magic Bus offers a comprehensive portfolio of products and services, including Adolescent Life Skills Education and Youth Skilling and Livelihood Programmes.

Product name locked
Category locked
Primary

Life skills education is provided to adolescents to support secondary education completion and poverty reduction through structured programmes

Product name locked
Category locked
Locked

Youth skilling and livelihood opportunities are provided to enable sustainable employment and entrepreneurial development in underserved communities

People of Magic Bus

Headcount 1000-5000
Employee Profiles 76
Employee Profiles
People
Narsingh Perumal
Sr Training Cum Monitoring Officer
People
Krishnaprasad S
Senior AWS Re/start - Azure Technical Trainer
People
Aditi Salunke
Manager - Curriculum
People
Jaya Verma
Regional Master Trainer - North

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Funding Insights of Magic Bus

Investors in Magic Bus

Magic Bus has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Millennium Alliance.

All
Venture Fund
Investor Description Founded Year Domain Location
Sector agnostic incubation program based out of India
Locked Locked Locked
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Investor details for Magic Bus

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Investments & Acquisitions by Magic Bus

Investments
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Investment portfolio details for Magic Bus

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  • Transaction dates
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Financial Statements - Magic Bus

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Detailed financials for Magic Bus

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  • Profit trends
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Magic Bus Comparisons

Magic Bus Primary company
Description
Children in India are mentored by trained local youth volunt...
Location
Mumbai, India
Founded Year
1999
Annual Revenue
$16.98 M (USD)
Net Profit
$770.63 K (USD)
EBITDA
$1.26 M (USD)
Employees
2,520
As of 2024
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Peer comparison for Magic Bus

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Competitors of Magic Bus

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Detailed competitors of Magic Bus

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Latest news on Magic Bus

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Complete news archive for Magic Bus

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Frequently Asked Questions about Magic Bus

Magic Bus was founded in 1999 and raised its 1st funding round 18 years after it was founded.

Magic Bus is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.

As of Apr 06, 2024, the latest employee count at Magic Bus is 2,520.

Annual revenue of Magic Bus is $16.98M as on Mar 31, 2023.

Magic Bus was established in 1999 in Mumbai, India, operating as an NGO in the child development sector. Local youth volunteers are trained to serve as mentors and deliver structured learning programs aimed at helping children address poverty. The initiative functions across 22 states, with services extended to 400,000 children through ongoing guidance and support.

Magic Bus offers Adolescent Life Skills Education and Youth Skilling and Livelihood Programmes.

Magic Bus has 1 investor. Key investors include Millennium Alliance.

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