Math Adventures

Bengaluru, India Founded: 2012 • Age: 14 yrs Acquired By BYJU'S
Activity-based math programs are delivered for K-12 schools.

About Math Adventures

Math Adventures is an Education company based in Bengaluru (India) founded in 2012 by Ashok Nair, and was acquired by BYJU'S in July 2018. Activity-based math programs are delivered for K-12 schools. The company was acqui-hired. Its focus areas include EdTech, K-12 EdTech, B2B2C Learning Solutions and School Curriculum. Its legal entity in India is Greco Learning Labs Private Limited (U80901KA2015PTC080922). Its competitors include LEAD School, ConveGenius and Eupheus Learning; 3 of its 3 listed competitors have raised funding.

Company details

Math Adventures was founded in 2012 in Bengaluru, India, within the education sector. Activity-based learning programs are provided for K-12 schools, featuring the Math Master Program with courses, videos, graded practice tests, and an analytics dashboard for monitoring student performance. A teacher empowerment initiative is also offered to address mathematical challenges and improve topic communication. The company placed as runner-up in the StartEdu competition in April 2015.

Key Metrics
  • Net Loss
    -₹1 Lakh

    FY 2023 · 0% margin

  • EBITDA
    -₹61,512

    FY 2023 · 0% margin

  • Investors
    BYJU'S

    & 1 more

  • Acquired by
    BYJU'S

    (Jul 2018)

Funding Insights of Math Adventures

  • Total Rounds 1
  • Investors Count 1

All 1 funding rounds of Math Adventures with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Jun 2016Seed–Zone Startups India
–
Valuation history

2 investors in total: 2 institutional.

Investors in Math Adventures

Math Adventures has secured backing from 2 investors, including venture fund and institutional investors. Prominent investors backing the company include BYJU'S and Zone Startups India.

All
Venture Fund
Institutional
InvestorDescriptionFounded YearDomainLocation
Startup accelerator
2014india.zonestartups.comMumbai, India
Online learning programs for K-12 education are delivered.
2011byjus.comBengaluru, India
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Investor details for Math Adventures

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Board of directors of Greco Learning Labs Private Limited (Math Adventures)

Greco Learning Labs Private Limited is the primary company behind Math Adventures. The board of Greco Learning Labs Private Limited currently have 2 directors; the longest-serving is Vidya Jayaraman, appointed in 2015.

DirectorDesignationAppointedTenureEntity
Vidya Jayaraman
DIN 06539340
Director16 Jun 201511 yrs 4 moGreco Learning Labs Private Limited
Ashok Nair Ramachandran
DIN 06539350
Director16 Jun 201511 yrs 4 moGreco Learning Labs Private Limited

People of Math Adventures

1 people are tracked at Math Adventures (1 in leadership).

NameRoleGroup
Co-FounderLeadership
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Complete people profiles for Math Adventures

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Financials of Math Adventures

Figures of Greco Learning Labs Private Limited, the primary company behind Math Adventures, for FY 2023. Net loss was -₹1 Lakh (0% margin). EBITDA was -₹61,512 (0% margin). Revenue has grown at a compounded annual rate of -100% over three years and -100% over five years.

  • -₹1 LakhNet loss · 0% margin
  • -₹61,512EBITDA · 0% margin
  • ₹1 LakhPaid-up capital
  • 24Employees (provident fund records)
  • -100%Revenue CAGR, 3 years
  • -100%Revenue CAGR, 5 years

Balance sheet, profit and loss, cash flow and ratios of Greco Learning Labs Private Limited are on its company page.

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Detailed financial statements for Math Adventures

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

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Timeline of Math Adventures

3 dated milestones of Math Adventures across 6 years, from founding to its latest funding, stage changes and deals.

  1. Founded Math Adventures is founded.
  2. Funding First funding round.
  3. Exit Acquired by BYJU'S.

Competitors of Math Adventures

Math Adventures has 3 listed competitors in our database, 3 of them funded. They include LEAD School, ConveGenius and Eupheus Learning.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
leadschool.in2012Mumbai, India$172.33M1,141
Integrated edtech systems are provided for K-12 schools.
convegenius.com2013Noida, India$16.04M436
AI-powered platforms are developed for personalized educational learning and assessments.
eupheus.in2017Delhi, India$29.1M328
School transformation solutions with content and technology are provided.
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Detailed competitors of Math Adventures

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Top companies in Education Technology Platforms

3 companies that operate in the same segment as Math Adventures (Education Technology Platforms) in India, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Online educational resources and test preparation for exams are provided.
2016Noida, Uttar Pradesh, IndiaUSD 275 MUSD 415.66 M15,046
AI-powered robots are provided as companions for children.
2015Mumbai, Maharashtra, IndiaUSD 107.78 M
Integrated edtech systems are provided for K-12 schools.
2012Mumbai, Maharashtra, IndiaUSD 172.33 MUSD 43.22 M1,140
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Related news about Math Adventures

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Frequently Asked Questions about Math Adventures

Math Adventures was founded in 2012 and raised its 1st funding round 4 years after it was founded.

Math Adventures is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.

Math Adventures was founded in 2012 in Bengaluru, India, within the education sector. Activity-based learning programs are provided for K-12 schools, featuring the Math Master Program with courses, videos, graded practice tests, and an analytics dashboard for monitoring student performance. A teacher empowerment initiative is also offered to address mathematical challenges and improve topic communication. The company placed as runner-up in the StartEdu competition in April 2015.

Math Adventures's top competitors include LEAD School, ConveGenius and Eupheus Learning.

Math Adventures has 2 investors. Key investors include BYJU'S, and Zone Startups India.

Math Adventures operates through Greco Learning Labs Private Limited.

Yes. Math Adventures was acquired by BYJU'S in July 2018.

The legal entities of Math Adventures currently have 2 directors, including Vidya Jayaraman, Ashok Nair Ramachandran.

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