MegaExams

Bengaluru, India Founded: 2015 • Age: 11 yrs
Provides online test preparation resources for students in grades VI to XII.
Annual revenue $99,822 Latest available
Total funding $621,263 2 rounds
Employees 1 Tracked headcount
Investors 4 Known backers
Products - Services tracked
Competitors 10 Brand Intelligence

About MegaExams

MegaExams is a company based in Bengaluru (India) founded in 2015. It operates as a B2C. MegaExams has raised $621.26 thousand across 2 funding rounds from investors including Shri Nirmal Jain, Guild Capital and Shri Mehul Jain. The company has 1 employees as of March 31, 2021. MegaExams operates in a competitive market with competitors including Renaissance, MasteryConnect, TagHive, Xello and Learnosity, among others.

  • Headquarter Bengaluru, India
  • Employees 1 as on 31 Mar, 2021
  • Stage Minicorn
  • Sectors
    Education
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Phio Technologies Private Limited
  • Date of Incorporation 05 Oct, 2015
  • Jurisdiction Bangalore, Karnataka, India
Operational Areas
Education → Education Technology (EdTech) Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $99.82 K (USD)
    41.76
    as on Mar 31, 2021
  • Net Profit
    -$365.49 K (USD)
    -35.22
    as on Mar 31, 2021
  • EBITDA
    -$357.01 K (USD)
    -0.19
    as on Mar 31, 2021
  • Total Equity Funding
    $621.26 K (USD)

    in 2 rounds

  • Latest Funding Round
    $315.29 K (USD), Seed

    Jun 24, 2020

  • Investors
  • Employee Count
    1

    as on Mar 31, 2021

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Funding Insights of MegaExams

MegaExams has successfully raised a total of $621.26K across 2 strategic funding rounds. The most recent funding activity was a Seed round of $315.29 thousand completed in June 2020. 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 MegaExams

MegaExams has secured backing from 4 investors, including angel and venture fund investors. Prominent investors backing the company include Shri Nirmal Jain, Guild Capital and Shri Mehul Jain.

All
Venture Fund
Angel
Investor Description Founded Year Domain Location
Incubator and tech focused early & growth stage VC firm investing primarily in the US
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Shri Nirmal Jain

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Shri Mehul Jain

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Investor details for MegaExams

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  • Investor domains
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Investments & Acquisitions by MegaExams

Investments
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Investment portfolio details for MegaExams

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Financial Statements - MegaExams

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Detailed financials for MegaExams

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Megaexams Comparisons

MegaExams Primary company
Description
Provides online test preparation resources for students in g...
Location
Bengaluru, India
Founded Year
2015
Annual Revenue
$99.82 K (USD)
Net Profit
-$365.49 K (USD)
EBITDA
-$357.01 K (USD)
Employees
1
As of 2021
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Peer comparison for MegaExams

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Competitors of MegaExams

MegaExams 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 Renaissance, MasteryConnect, TagHive, Xello and Learnosity, among others.

Company Name Domain Founded year HQ Location Description
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Cloud-based K-12 assessments in reading, math, and writing are delivered.
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Assessment and data solutions are developed for K-12 education.
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AI-powered quiz application for educational engagement is provided.
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Provider of an online platform for developing technical and soft skills in students
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Assessment-assistance solutions are provided to educators via online tools.
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Plagiarism detection and assessment platforms are provided for educators.
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Detailed competitors of MegaExams

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Latest news on Megaexams

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Complete news archive for MegaExams

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Frequently Asked Questions about MegaExams

MegaExams was founded in 2015 and raised its 1st funding round 4 years after it was founded.

MegaExams is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.

MegaExams is a funded company, having raised a total of $621.26K across 2 funding rounds to date.

As of Mar 31, 2021, the latest employee count at MegaExams is 1.

Annual revenue of MegaExams is $99.82K as on Mar 31, 2021.

MegaExams provides online test preparation resources for students in grades vi to xii, focusing on involved in educational services, e-learning, test preparation, and k-12 education. It serves clients with dedicated solutions, emphasizing quality, innovation, and sustainable growth in its core markets.

MegaExams's top competitors include Renaissance, Learnosity and MasteryConnect.

MegaExams has 4 investors. Key investors include Shri Nirmal Jain, Guild Capital, Shri Mehul Jain, and Shri Akshat Jain.

The valuation of MegaExams is $1.68M as of Jun 2020.

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