MateRate

Delhi, India Founded: 2020 • Age: 6 yrs
Delivers comprehensive e-learning solutions focused on mathematics education.

About MateRate

MateRate is an Education company based in Delhi (India) founded in 2020 by Abhishree Arora. It delivers comprehensive e-learning solutions focused on mathematics education. It operates on a B2C model. Its chief executive, as recorded, is Abhishree Arora. Its Indian entity Materate Education Private Limited reported revenue of β‚Ή2.5 Lakh. Its focus areas include E-Learning, Mathematics and Learning Solutions. Similar companies include Vedantu, BYJU'S and Vidyakul; 3 of its 3 listed similar companies have raised funding.

Company details

MateRate, based in Delhi, focuses on involved in educational services, providing e-learning, mathematics, and learning solutions. Delivers comprehensive e-learning solutions focused on mathematics education. The company prioritizes operational excellence, innovation, and customer-centric approaches for success. It continues to evolve, meeting industry challenges with strategic approaches.

Operational Areas
Key Metrics
  • Annual Revenue
    ₹2.5 Lakh

    FY 2024 · -50% YoY

  • Net Profit
    ₹16,070

    FY 2024 · 6% margin

  • EBITDA
    ₹20,872

    FY 2024 · 8% margin

  • Employee Count
    1

Board of directors of Materate Education Private Limited (MateRate)

Materate Education Private Limited is the primary company behind MateRate. The board of Materate Education Private Limited currently have 2 directors; the longest-serving is Naresh Kumar Gupta, appointed in 2023. 3 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Naresh Kumar Gupta
DIN 10267881
Director30 Aug 20233 yrs 1 moMaterate Education Private Limited
Meeta Arora
DIN 11327863
Additional Director03 Oct 20251 yrMaterate Education Private Limited

People of MateRate

1 people are tracked at MateRate (1 in leadership); the tracked headcount is 1.

NameRoleGroup
Founder, CEOLeadership
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Financials of MateRate

Figures of Materate Education Private Limited, the primary company behind MateRate, for FY 2024. Revenue was ₹2.5 Lakh (-50% year on year). Net profit was ₹16,070 (6% margin). EBITDA was ₹20,872 (8% margin).

  • ₹2.5 LakhRevenue · FY 2024 · -50% YoY
  • ₹16,070Net profit · 6% margin
  • ₹20,872EBITDA · 8% margin
  • ₹20,000Paid-up capital

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

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Detailed financial statements for MateRate

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Similar companies to MateRate

MateRate has 3 listed similar companies in our database, 3 of them funded. They include Vedantu, BYJU'S and Vidyakul.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
vedantu.com2011Bengaluru, India$341M1,172
Live interactive K-12 tutoring platform is provided online.
byjus.com2011Bengaluru, India$4.6B3
Online learning programs for K-12 education are delivered.
vidyakul.com2017Gurugram, India$2.76M
Online learning solutions for board exams are offered to students.
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Detailed similar companies of MateRate

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Top companies in Online Learning Platforms

3 companies that operate in the same segment as MateRate (Online Learning Platforms) in India, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
People Group is engaged in creating and operating digital brands.
1996Mumbai, Maharashtra, IndiaUSD 8 MUSD 37.34 M
Educational platform offering free materials on subjects like Islam, economics, and science.
2014Bengaluru, Karnataka, IndiaUSD 4.05 M36
An app-based platform that connects students for educational networking and collaboration.
2021Bengaluru, Karnataka, IndiaUSD 3.95 MUSD 2.14 K14
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Frequently Asked Questions about MateRate

MateRate was founded in 2020.

MateRate is headquartered in Delhi, India. It is registered at Delhi, Delhi, India.

Abhishree Arora is the CEO of MateRate, as recorded in our data. They have also founded this company.

MateRate has 1 employees.

The primary company behind MateRate, Materate Education Private Limited, reported revenue of β‚Ή2.5 Lakh for FY 2024, down 50% year on year.

MateRate, based in Delhi, focuses on involved in educational services, providing e-learning, mathematics, and learning solutions. Delivers comprehensive e-learning solutions focused on mathematics education. The company prioritizes operational excellence, innovation, and customer-centric approaches for success. It continues to evolve, meeting industry challenges with strategic approaches.

MateRate's top competitors include Vedantu, Vidyakul and BYJU'S.

MateRate operates through Materate Education Private Limited.

The legal entities of MateRate currently have 2 directors, including Naresh Kumar Gupta, Meeta Arora.

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