About Magnet Brains
Magnet Brains is a company based in Bhopal (India). It operates as a D2C, and Freemium. The company has 41 employees as of March 31, 2023. Magnet Brains offers products and services including Online Courses, E-Notes and E-Books, Crash Courses, Spoken English Courses, and Vedic Maths Courses. Magnet Brains operates in a competitive market with competitors including Abwaab, uLesson, Zenius, Khan Academy and Cambium Learning, among others.
- Headquarter Bhopal, India
- Employees 41 as on 31 Mar, 2023
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Sectors
Education
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Phone
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Website
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Social
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- Legal Name Magnet Brains Software Technology Private Limited
- Date of Incorporation 28 Feb, 2013
- Jurisdiction Bhopal, Madhya Pradesh, India
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Annual Revenue
$2.36 M (USD)171.2as on Mar 31, 2023
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Net Profit
$1.29 M (USD)894.25as on Mar 31, 2023
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EBITDA
$1.76 M (USD)574.34as on Mar 31, 2023
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Latest Funding Round
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Investors
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Employee Count
41
as on Mar 31, 2023
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Products & Services of Magnet Brains
Magnet Brains offers a comprehensive portfolio of products and services, including Online Courses, E-Notes and E-Books, Crash Courses, Spoken English Courses, and Vedic Maths Courses. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Free video lectures for K-12 and exam preparation
Digital resources for curriculum and revision
Intensive programs for boards and competitive exams
Interactive sessions to improve English skills
Math techniques for quick problem-solving
Funding Insights of Magnet Brains
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investments & Acquisitions by Magnet Brains
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Magnet Brains
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Magnet Brains Comparisons
Competitors of Magnet Brains
Magnet Brains 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 Abwaab, uLesson, Zenius, Khan Academy and Cambium Learning, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
School curriculum is tutored online through videos, quizzes, and forums.
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| domain | founded_year | HQ Location |
Provider of online learning platform for school students
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| domain | founded_year | HQ Location |
App-based courses for school subjects are delivered via mobile platforms.
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| domain | founded_year | HQ Location |
Free online micro lectures on diverse subjects are offered.
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| domain | founded_year | HQ Location |
Educational solutions and services company
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| domain | founded_year | HQ Location |
Courses on diverse topics are delivered via an online platform.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about Magnet Brains
Where is Magnet Brains located?
Magnet Brains is headquartered in Bhopal, India. It is registered at Bhopal, Madhya Pradesh, India.
How many employees does Magnet Brains have?
As of Mar 31, 2023, the latest employee count at Magnet Brains is 41.
What is the annual revenue of Magnet Brains?
Annual revenue of Magnet Brains is $2.36M as on Mar 31, 2023.
What does Magnet Brains do?
Magnet Brains is an online platform that delivers free, high-quality educational content in English and Hindi, covering K-12 curricula like CBSE and state boards, as well as preparation for exams such as IIT-JEE and NEET. It provides video lectures, e-notes, interactive classes, and study materials through apps and YouTube channels. Based in Bhopal, India, it serves millions of students across the country with accessible learning resources.
Who are the top competitors of Magnet Brains?
Magnet Brains's top competitors include Abwaab, Cambium Learning and Brilliant.
What products or services does Magnet Brains offer?
Magnet Brains offers Online Courses, E-Notes and E-Books, Crash Courses, Spoken English Courses, and Vedic Maths Courses.