About Mahendras
Mahendras is a company based in Lucknow (India) founded in 1995 by Naveen Kumar Jain.. Mahendras has raised $7.89 million across 2 funding rounds from investors including Neev Fund. The company has 72 employees as of July 09, 2024. Mahendras offers products and services including Live Classes, Online Speed Tests, Video Courses, and E-Books. Mahendras operates in a competitive market with competitors including Drishti IAS, Career Power and NEXT IAS MADE EASY, among others.
- Headquarter Lucknow, India
- Employees 72 as on 09 Jul, 2024
- Founders Naveen Kumar Jain
- Stage Minicorn
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Sectors
Education
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Mahendra Educational Private Limited
- Date of Incorporation 09 Apr, 2008
- Jurisdiction Lucknow, Uttar Pradesh, India
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Annual Revenue
$11.29 M (USD)55.6as on Mar 31, 2023
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Net Profit
$-888 K (USD)67.04as on Mar 31, 2023
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EBITDA
$610.99 K (USD)138.91as on Mar 31, 2023
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Total Equity Funding
$7.89 M (USD)
in 2 rounds
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Latest Funding Round
$7.7 M (USD), Unspecified
Apr 13, 2018
- Investors
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Employee Count
72
as on Jul 09, 2024
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Products & Services of Mahendras
Mahendras offers a comprehensive portfolio of products and services, including Live Classes, Online Speed Tests, Video Courses, and E-Books. 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.
Interactive sessions for competitive exam preparation
Practice tests to evaluate exam readiness
Pre-recorded lectures for self-paced study
Digital resources for exam topics and current affairs
Unlock access to complete
Leadership Team
3 people
Software Development Team
1 people
Branch Team
1 people
Deupty Team
1 people
Unlock access to complete
Funding Insights of Mahendras
Mahendras has successfully raised a total of $7.89M across 2 strategic funding rounds. The most recent funding activity was a Unspecified round of $7.7 million completed in April 2018. 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 Total Funding
- Total Rounds 2
- Last Round Unspecified — $7.7M
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First Round
First Round
(01 Apr 2014)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr, 2018 | Amount | Unspecified - Mahendras | Valuation | Neev Fund |
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| Apr, 2014 | Amount | Unspecified - Mahendras | Valuation |
investors |
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| 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 |
Investors in Mahendras
Mahendras has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Neev Fund. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Private equity fund focused on multiple sectors
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Mahendras
| 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 - Mahendras
| 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 |
Mahendras Comparisons
Competitors of Mahendras
Mahendras 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 Drishti IAS, Career Power and NEXT IAS MADE EASY, 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 |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Offers professional training and coaching services for education.
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| domain | founded_year | HQ Location |
Coaching for government job exams is offered nationwide in India.
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| domain | founded_year | HQ Location |
Provides coaching classes for government exam preparation.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| 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 Mahendras
When was Mahendras founded?
Mahendras was founded in 1995 and raised its 1st funding round 19 years after it was founded.
Where is Mahendras located?
Mahendras is headquartered in Lucknow, India. It is registered at Lucknow, Uttar Pradesh, India.
Who is the current CEO of Mahendras?
Shikha Jain is the current CEO of Mahendras.
Is Mahendras a funded company?
Mahendras is a funded company, having raised a total of $7.89M across 2 funding rounds to date. The company's 1st funding round was a Unspecified of $193.08K, raised on Apr 01, 2014.
How many employees does Mahendras have?
As of Jul 09, 2024, the latest employee count at Mahendras is 72.
What is the annual revenue of Mahendras?
Annual revenue of Mahendras is $11.29M as on Mar 31, 2023.
What does Mahendras do?
Mahendras was founded in 1995 and is headquartered in Lucknow, India. Test preparation services for bank, SSC, railway, and other competitive exams are offered through branches in states such as West Bengal, Gujarat, and Karnataka. Smart labs, assessments, study materials, online test series, and exam notifications are included in the operations. The focus remains on educational support in the competitive exam sector.
Who are the top competitors of Mahendras?
Mahendras's top competitors include Drishti IAS, NEXT IAS MADE EASY and Career Power.
What products or services does Mahendras offer?
Mahendras offers Live Classes, Online Speed Tests, Video Courses, and E-Books.
Who are Mahendras's investors?
Mahendras has 1 investor. Key investors include Neev Fund.
What is Mahendras's valuation?
The valuation of Mahendras is $10.59M as of Apr 2018.