About Mastree
Mastree is a company based in Bengaluru (India) founded in 2019 was acquired by Unacademy in July 2020. Mastree has raised $544.92 thousand across 1 funding round from investors including Unacademy and Blume Ventures. The company has 3,202 employees as of September 30, 2022. Mastree operates in a competitive market with competitors including 51Talk, Open English, Voxy, NovaKid and Cakap, among others.
- Headquarter Bengaluru, India
- Employees 3202 as on 30 Sep, 2022
- Stage Minicorn
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Sectors
Education
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Phone
Locked
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Website
Locked
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Annual Revenue
$119.42 M (USD)-5as on Mar 31, 2024
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Net Profit
-$76.24 M (USD)62as on Mar 31, 2024
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EBITDA
-$59.05 M (USD)69as on Mar 31, 2024
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Total Equity Funding
$544.92 K (USD)
in 1 rounds
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Latest Funding Round
$544.92 K (USD), Seed
Dec 24, 2019
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Investors
Unacademy
& 1 more
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Employee Count
3202
as on Sep 30, 2022
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Acquired by
Unacademy
(Jul 14, 2020)
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Funding Insights of Mastree
Mastree has successfully raised a total of $544.92K through 1 strategic funding round. The most recent funding activity was a Seed round of $544.92 thousand completed in December 2019. 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 Mastree
Mastree has secured backing from 2 investors, including venture fund and institutional investors. Prominent investors backing the company include Unacademy and Blume Ventures.
| Investor | Description | Founded Year | Domain | Location |
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Seed and early-stage investments are made across sectors in India.
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Online educational resources and courses for exam preparation are provided.
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Investor details for Mastree
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Investments & Acquisitions by Mastree
Investment portfolio details for Mastree
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Financial Statements - Mastree
Detailed financials for Mastree
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Mastree Comparisons
Peer comparison for Mastree
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Competitors of Mastree
Mastree 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 51Talk, Open English, Voxy, NovaKid and Cakap, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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| Locked | Locked | Locked |
One-to-one online English tutoring is provided by 51Talk.
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Online platform providing live English classes
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English language learning through online courses and tutoring
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Online tutoring platform providing English lessons to kids
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Multiple languages are taught via online SaaS and app platform.
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Mobile-based English learning services are offered to corporate users.
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Detailed competitors of Mastree
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Latest news on Mastree
Complete news archive for Mastree
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Frequently Asked Questions about Mastree
Mastree was founded in 2019.
Mastree is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Mastree is a funded company, having raised a total of $544.92K across 1 funding round to date.
As of Sep 30, 2022, the latest employee count at Mastree is 3,202.
Annual revenue of Mastree is $119.42M as on Mar 31, 2024.
Mastree was founded in 2019 in Bengaluru, India, within the edtech sector. Online instructor-led classes in English are provided through the platform, with a focus on communication courses designed to improve speaking abilities among children. Operations are centered on virtual learning sessions, accessible via the domain mastree.com, serving users primarily in India.
Mastree has 2 investors. Key investors include Unacademy, and Blume Ventures.
The valuation of Mastree is $2.82M as of Dec 2019.