Magic Software

New York, United States Founded: 1990 • Age: 36 yrs
A SaaS platform is offered for digitizing content by publishers.

About Magic Software

Magic Software is an Education company based in New York (United States) founded in 1990. A SaaS platform is offered for digitizing content by publishers. The company has 924 employees. Its website magicsw.com draws about 337 thousand monthly visits. Its Indian entity Magic Software Private Limited reported revenue of β‚Ή210 Cr. Magic Software offers products and services including MagicEdTech, GetMagicBox, MagicFinServ, and MagicBlockchainQA. Its focus areas include EdTech, K-12 EdTech, B2B2C Learning Solutions and School Curriculum. Its competitors include Amplify, Carnegie Learning and Numerade; 2 of its 3 listed competitors have raised funding.

Company details

Magic Software was founded in 1990 in New York, United States, and operates in the software and publishing technology sector. A cloud-based platform called Magicbox is provided to enable publishers to digitize their content. Additional services, including content development, mobile application development, and product testing, are offered to support digital transformation efforts in the industry.

Key Metrics
  • Indian entity revenue
    ₹210 Cr

    FY 2025 · +5% YoY

  • Indian entity net profit
    ₹27.76 Cr

    FY 2025 · 13% margin

  • Indian entity EBITDA
    ₹41.51 Cr

    FY 2025 · 20% margin

  • Investors
  • Employee Count
    924

Products & Services of Magic Software

Magic Software offers a comprehensive portfolio of products and services, including MagicEdTech, GetMagicBox, MagicFinServ, and MagicBlockchainQA.

MagicEdTech
Education Platform

Platform for digital learning solutions empowering educators.

GetMagicBox
Content Delivery

Platform for publishers to deliver digital content globally.

MagicFinServ
FinTech Solutions

Tools for handling structured and unstructured data with AI.

MagicBlockchainQA
Blockchain Testing

Company focused on blockchain quality assurance testing.

Apps and channels of Magic Software

its YouTube channel Magic EdTech has 1.41K subscribers and 30 videos.

Magic EdTech
YouTube 1.41K subscribers 30 videos Education
Open channel

Videos from Magic Software

The most watched videos on Magic Software's YouTube channel, Magic EdTech (1.41K subscribers). Click a video to play it here.

Using AI Is Not Cheating: The Skills You Really Need Now
216 views
Learning How to Learn in the Age of AI with Dipesh Jain
113 views
From Rockefeller Center to Real-Time: Rethinking Data, Privacy, and AI in Schools
105 views
Transforming Learning: Harnessing AI for Education and Business Success
94 views

More on Magic EdTech.

Funding Insights of Magic Software

  • Total Rounds 2
  • Investors Count 1

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

DateAmountTransaction NameValuationLead InvestorsInvestors
Oct 2014Private Equity Round––
Oct 2014Private Equity Round––
Valuation history

1 investors in total: 1 institutional.

Investors in Magic Software

Magic Software has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Solmark.

All
Venture Fund
InvestorDescriptionFounded YearDomainLocation
solmark.com
Premium access

Investor details for Magic Software

The complete investor list, round-by-round participation and investor portfolios require an active premium plan.

  • Complete investor list
  • Round participation
  • Investor portfolios
  • Co-investor network

Verified entity values are shown only after access is granted.

Board of directors of Magic Software Private Limited (Magic Software)

Magic Software Private Limited is the primary company behind Magic Software. The board of Magic Software Private Limited currently have 3 directors; the longest-serving is Arjun Malhotra, appointed in 2014. 7 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Arjun Malhotra
DIN 00177397
Director30 Sep 201412 yrs 1 moMagic Software Private Limited
Akhtar Hussain Kamdar
DIN 07692857
Director23 Jan 20179 yrs 9 moMagic Software Private Limited
Sumit Bansal
DIN 09048788
Director19 Feb 20215 yrs 8 moMagic Software Private Limited

People of Magic Software

4 people are tracked at Magic Software (2 in leadership, 2 in team); the tracked headcount is 924.

NameRoleGroup
Vimalendu Verma
FounderLeadership
Harsh Gupta
Vice President, Corporate StrategyLeadership
M.D. Shahbaz Alam
Senior Production EngineerTeam
Rahul Sood
Principal EngineerTeam
Premium access

Complete people profiles for Magic Software

Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.

  • Full employee list
  • Team structure
  • Board tenure
  • Professional contacts

Verified entity values are shown only after access is granted.

Financials of Magic Software

Figures of Magic Software Private Limited, the primary company behind Magic Software, for FY 2025. Revenue was ₹210 Cr (+5% year on year). Net profit was ₹27.76 Cr (13% margin). EBITDA was ₹41.51 Cr (20% margin). Revenue has grown at a compounded annual rate of +11% over three years and +22% over five years.

  • ₹210 CrRevenue · FY 2025 · +5% YoY
  • ₹27.76 CrNet profit · 13% margin
  • ₹41.51 CrEBITDA · 20% margin
  • ₹18.00 CrPaid-up capital
  • 924Employees (provident fund records)
  • +11%Revenue CAGR, 3 years
  • +22%Revenue CAGR, 5 years

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

Premium access

Detailed financial statements for Magic Software

Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.

  • Statement rows
  • Financial ratios
  • Five-year trends
  • Downloads

Verified entity values are shown only after access is granted.

Timeline of Magic Software

2 dated milestones of Magic Software across 24 years, from founding to its latest funding, stage changes and deals.

  1. Founded Magic Software is founded.
  2. Funding First funding round.

Competitors of Magic Software

Magic Software has 3 listed competitors in our database, 2 of them funded. They include Amplify, Carnegie Learning and Numerade.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
amplify.com2000Brooklyn, United States$215M1,441
High-quality K-12 curriculum and assessments are provided by Amplify.
carnegielearning.com1994Pittsburgh, United States512
Maths learning resources and curricula are provided for students.
numerade.com2017Los Angeles, United States$26M36
Provider of study assistance platform for students
Premium access

Detailed competitors of Magic Software

The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.

  • Full competitor set
  • Operating metrics
  • Benchmarks
  • Competitive positioning

Verified entity values are shown only after access is granted.

Web traffic of Magic Software

The website of Magic Software (magicsw.com) receives about 337.2K visits a month and ranks #187,162 among all websites worldwide, #12,063 in Education.

  • Monthly visits
    337.2K

    ▲ 30.9% vs previous month

  • Unique visitors
    68.3K

    per month

  • Global rank
    #187,162

    among all websites

  • Category rank
    #12,063

    Science and Education · Education

Similar websites

Websites whose visitors overlap most with Magic Software. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
bigideasmath.com
100%
1.9M#35,240View details
klettlp.com
klettlp.com
78%
#90,579–
blooket.com
blooket.com
75%
#644–
ixl.com
73%
40.7M#1,232View details
edpuzzle.com
73%
11M#5,721View details
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
Premium access

All 40 similar websites and full traffic analytics for Magic Software

The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.

  • 40 similar websites
  • Audience overlap
  • Engagement analytics
  • Traffic by brand

Verified entity values are shown only after access is granted.

Top companies in Education Technology Platforms

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

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Developer of a platform providing gamified language learning through interactive exercises
2011Pittsburgh, Pennsylvania, United StatesUSD 183.3 MUSD 748.02 M900
Cloud-based software for K-12 education is provided.
1997Folsom, California, United StatesUSD 32 MUSD 47.59 M1,308
Online platform for preschool management and parent updates is offered.
2014San Francisco, California, United StatesUSD 88.8 M
Upgrade to premium

Unlock complete access to The Company Check

Get unrestricted viewing across everything we track β€” from companies and brands to investors, funding rounds, acquisitions, financials, and more.

Upgrade to Premium No viewing limits. Your plan controls exports and screening usage.
Included in your Premium account
  • βœ“
    Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
  • βœ“
    Full access to every database India & global coverage, advanced filters and rich profile details
  • βœ“
    Always-on access from your team account Single premium plan for everything you see on the portal

Related news about Magic Software

Premium access

Complete news archive for Magic Software

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 Magic Software

Magic Software was founded in 1990 and raised its 1st funding round 24 years after it was founded.

Magic Software is headquartered in New York, United States. It is registered at New York, New York, United States.

Magic Software has 924 employees.

The primary company behind Magic Software, Magic Software Private Limited, reported revenue of β‚Ή210 Cr for FY 2025, up 5% year on year.

Magic Software was founded in 1990 in New York, United States, and operates in the software and publishing technology sector. A cloud-based platform called Magicbox is provided to enable publishers to digitize their content. Additional services, including content development, mobile application development, and product testing, are offered to support digital transformation efforts in the industry.

Magic Software's top competitors include Amplify, Numerade and Carnegie Learning.

Magic Software offers MagicEdTech, GetMagicBox, MagicFinServ, and MagicBlockchainQA.

Magic Software has 1 investor. Key investors include Solmark.

Magic Software operates through Magic Software Private Limited.

The legal entities of Magic Software currently have 4 directors, including Sumit Bansal, Arjun Malhotra, Akhtar Hussain Kamdar and others.

The website of Magic Software receives about 337 thousand visits a month and ranks #187,162 among all websites worldwide.

Explore millions of companies β€” effortlessly

Access structured, verified intelligence on 7M+ companies across industries, sectors, and global markets. From early-stage startups to large enterprises, discover ownership, leadership, funding, financials, acquisitions, and market signals β€” all in one powerful platform.

Free account with essential features Instant access to company reports Enterprise solutions available