About Mind Hour
Mind Hour was an Education company based in Kolkata (India) founded in 2014. A gamified learning platform designed for K-12 students. It operates on a B2C model. Mind Hour has raised $573.71 thousand across 4 funding rounds from investors including Shubam Gupta, Saliil Arakkal and Blue Circle Services. The company has 19 employees. Mind Hour was last valued at $1.72 million in October 2019. Its Indian entity Frozenfire Technologies Private Limited reported revenue of ₹1.41 Cr. The company is recorded as dissolved. Its focus areas include E-Learning, Gamified Platforms and K-12 Education.
Company details
Mind Hour, backed by 573707.0 from Shubam Gupta, Saliil Arakkal, Blue Circle Services, Brand Capital, focuses on involved in educational services, providing e-learning, gamified platforms, and k-12 education. A gamified learning platform designed for K-12 students. Driving innovation, growth, and excellence in its industry sectors.
- Headquarters Kolkata, India
- Employees 19
- Stage Minicorn
- SectorsEducation
- Website mindhour.com
- Social X
- Legal Name Frozenfire Technologies Private Limited
- Date of Incorporation 16 Dec, 2015
- Jurisdiction Kolkata, West Bengal, India
- Annual Revenue₹1.41 Cr
FY 2018 · +60% YoY
- Net Profit₹12.4 Lakh
FY 2018 · 9% margin
- EBITDA₹20.9 Lakh
FY 2018 · 15% margin
- Total Equity Funding$573.71K (USD)
in 4 rounds
- Latest Funding Round$125.84K (USD), Seed
Oct 2019
- InvestorsBlue Circle Services
& 3 more
- Employee Count19
Associated legal entities of Mind Hour
Mind Hour operates through Frozenfire Technologies Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2018) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Frozenfire Technologies Private Limited CIN U74900WB2015PTC208879 | Active | 16 Dec 2015 | Kolkata, West Bengal | ₹1.4 Cr | 19 | 2 | View details |
Funding Insights of Mind Hour
Mind Hour has successfully raised a total of $573.71K across 4 strategic funding rounds. The most recent funding activity was a Seed round of $125.84 thousand completed in October 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.
- Total Funding $573,707
- Total Rounds 4
- Last Round Seed — $125,840
- First Round $224,833
(Apr 2016)
- Investors Count 4
All 4 funding rounds of Mind Hour with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct 2019 | $125,840 | Seed | $1.72M | – | |
| Aug 2018 | $28,598 | Angel Round | – | Saliil Arakkal | – |
| May 2018 | $194,436 | Seed | $1.7M | – | |
| Apr 2016 | $224,833 | Seed | $••••• | Blue Circle Services |
| Date | Valuation | Stage |
|---|---|---|
| Oct 2019 | $1.72M | •••••••• |
| May 2018 | $1.7M | •••••••• |
Last known valuation $1.72M (Oct 2019). 4 investors in total: 2 institutional and 2 angel.
Investors in Mind Hour
Mind Hour has secured backing from 4 investors, including angel, institutional, and venture fund investors. Prominent investors backing the company include Shubam Gupta, Saliil Arakkal and Blue Circle Services.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Investments in early-stage startups are made by Brand Capital. | brandcapital.co.in | Mumbai, India | ||
BPO services in finance and insurance sectors are delivered. | bluecircleservices.com | Mumbai, India | ||
SG Shubam Gupta | unknown_67dc3d74b45b4b7f8 | |||
SA Saliil Arakkal | unknown_557df3ae000e496ea |
Investor details for Mind Hour
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
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Board of directors of Frozenfire Technologies Private Limited (Mind Hour)
Frozenfire Technologies Private Limited is the primary company behind Mind Hour. The board of Frozenfire Technologies Private Limited currently have 2 directors; the longest-serving is Varun Choudhary, appointed in 2015. 1 earlier director has ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Varun Choudhary DIN 03021368 | Director | 16 Dec 2015 | 10 yrs 10 mo | Frozenfire Technologies Private Limited |
| Sumit Marda DIN 07318122 | Director | 16 Dec 2015 | 10 yrs 10 mo | Frozenfire Technologies Private Limited |
People of Mind Hour
3 people are tracked at Mind Hour (2 in leadership, 1 in team); the tracked headcount is 19.
| Name | Role | Group |
|---|---|---|
Bidhayak Bhowal | Regional Director | Leadership |
David Vincent | Hyderabad Mindhour Partner | Leadership |
Sunipa Roy | Content Developer | Team |
Complete people profiles for Mind Hour
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
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Financials of Mind Hour
Figures of Frozenfire Technologies Private Limited, the primary company behind Mind Hour, for FY 2018. Revenue was ₹1.41 Cr (+60% year on year). Net profit was ₹12.4 Lakh (9% margin). EBITDA was ₹20.9 Lakh (15% margin).
- ₹1.41 CrRevenue · FY 2018 · +60% YoY
- ₹12.4 LakhNet profit · 9% margin
- ₹20.9 LakhEBITDA · 15% margin
- ₹1.8 LakhPaid-up capital
- 19Employees (provident fund records)
Balance sheet, profit and loss, cash flow and ratios of Frozenfire Technologies Private Limited are on its company page.
Detailed financial statements for Mind Hour
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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Timeline of Mind Hour
4 dated milestones of Mind Hour across 5 years, from founding to its latest funding, stage changes and deals.
- Founded Mind Hour is founded.
- Funding First funding round of $225K.
- Milestone Reaches Minicorn status.
- Funding Latest funding round, Seed, of $126K.
Top companies in Gamified & Interactive Learning
3 companies that operate in the same segment as Mind Hour (Gamified & Interactive Learning) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Online platform for poker games, tournaments, and strategies in India. | 2014 | Kolkata, West Bengal, India | USD 61.9 M | 215 | ||
Space research and exploration organization in India. | 1969 | Bengaluru, Karnataka, India | USD 362.75 M | 57 | ||
Digital transformation and cloud solutions are provided in sectors like FinTech, InsurTech, and Digital Learning. | 2018 | Chennai, Tamil Nadu, India | USD 38.59 M | 3,021 |
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Related news about Mind Hour
Complete news archive for Mind Hour
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Frequently Asked Questions about Mind Hour
Mind Hour was founded in 2014 and raised its 1st funding round 2 years after it was founded.
Mind Hour is headquartered in Kolkata, India. It is registered at Kolkata, West Bengal, India.
Mind Hour is a funded company, having raised a total of $573.71K across 4 funding rounds to date. The company's 1st funding round was a Seed of $224.83K, raised on Apr 2016.
Mind Hour has 19 employees.
The primary company behind Mind Hour, Frozenfire Technologies Private Limited, reported revenue of ₹1.41 Cr for FY 2018, up 60% year on year.
Mind Hour, backed by 573707.0 from Shubam Gupta, Saliil Arakkal, Blue Circle Services, Brand Capital, focuses on involved in educational services, providing e-learning, gamified platforms, and k-12 education. A gamified learning platform designed for K-12 students. Driving innovation, growth, and excellence in its industry sectors.
Mind Hour has 4 investors. Key investors include Shubam Gupta, Saliil Arakkal, Blue Circle Services, and Brand Capital.
The valuation of Mind Hour is $1.72M as of Oct 2019.
Mind Hour operates through Frozenfire Technologies Private Limited.
The legal entities of Mind Hour currently have 2 directors, including Varun Choudhary, Sumit Marda.