About Mindstrand
Mindstrand was an Education company based in Denver (United States) founded in 2012 by Ryan Gudmundson and Norm Gudmundson. It operates as a functions as a digital note-taking tool designed for students. It operates on a B2C model. Its Indian entity And Data India Private Limited reported revenue of ₹2.02 Cr. The company is recorded as dissolved. Its focus areas include E-Learning, Student Tools and Note-Taking Apps. Its competitors include Education.com, Chalk.com, MagicSchool, ChalkTalk and TailorED and 3 more; 6 of its 8 listed competitors have raised funding.
Company details
Mindstrand operates with a B2C model, focusing on involved in educational services, providing e-learning, student tools, and note-taking apps. Functions as a digital note-taking tool designed for students. It emphasizes efficiency, client-focused solutions, and growth, fostering partnerships and innovation in its operations.
- Headquarters Denver, United States
- Founders Ryan Gudmundson, Norm Gudmundson
- SectorsEducation
- Website mindstrand.com
- Social X Facebook
- Legal Name And Data India Private Limited
- Date of Incorporation 26 Nov, 1998
- Jurisdiction Pune, Maharashtra, India
- Annual Revenue₹2.02 Cr
FY 2019 · -60% YoY
- Net Loss-₹72.4 Lakh
FY 2019 · -36% margin
- EBITDA-₹8.5 Lakh
FY 2019 · -4% margin
Associated legal entities of Mindstrand
Mindstrand operates through And Data India Private Limited (dissolved (liquidated)). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2019) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| And Data India Private Limited CIN U72200PN1998PTC016655 | Dissolved (Liquidated) | 26 Nov 1998 | Pune, Maharashtra | ₹2.0 Cr | 30 | 2 | View details |
Board of directors of And Data India Private Limited (Mindstrand)
And Data India Private Limited is the primary company behind Mindstrand. The board of And Data India Private Limited currently have 2 directors; the longest-serving is Vishwas Bowasaheb Sarnobat, appointed in 2000. 4 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Vishwas Bowasaheb Sarnobat DIN 00516915 | Director | 09 May 2000 | 26 yrs 5 mo | And Data India Private Limited |
| Thierry Philippe Jaccoud DIN 08583001 | Director | 11 Oct 2019 | 7 yrs | And Data India Private Limited |
People of Mindstrand
2 people are tracked at Mindstrand (2 in leadership).
| Name | Role | Group |
|---|---|---|
Ryan Gudmundson | Co-Founder | Leadership |
Norm Gudmundson | Co-Founder | Leadership |
Complete people profiles for Mindstrand
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
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Financials of Mindstrand
Figures of And Data India Private Limited, the primary company behind Mindstrand, for FY 2019. Revenue was ₹2.02 Cr (-60% year on year). Net loss was -₹72.4 Lakh (-36% margin). EBITDA was -₹8.5 Lakh (-4% margin). Revenue has grown at a compounded annual rate of -27% over three years and -13% over five years.
- ₹2.02 CrRevenue · FY 2019 · -60% YoY
- -₹72.4 LakhNet loss · -36% margin
- -₹8.5 LakhEBITDA · -4% margin
- ₹3.48 CrPaid-up capital
- 30Employees (provident fund records)
- -27%Revenue CAGR, 3 years
- -13%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of And Data India Private Limited are on its company page.
Detailed financial statements for Mindstrand
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Competitors of Mindstrand
Mindstrand has 8 listed competitors in our database, 6 of them funded. They include Education.com, Chalk.com, MagicSchool, ChalkTalk and TailorED, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| education.com | 2006 | Redwood, United States | $38.09M | 45 | Educational content for teachers and parents | |
| chalk.com | 2012 | Waterloo, Canada | $500,000 | 24 | SaaS productivity tools for K-12 teachers are provided. | |
| magicschool.ai | 2023 | Denver, United States | $65.27M | – | AI-powered platform offering lesson planning solutions for teachers | |
| chalktalk.com | 2016 | Boston, United States | $8.4M | – | Provider of learning tools for teachers | |
| tailor-ed.com | 2017 | Tel Aviv, Israel | $1.6M | – | Provider of a lesson planning tool for teachers | |
| nigenius.com.ng | 2018 | Lagos, Nigeria | – | – | Lesson planning solutions are provided for teachers and parents. | |
| nextlesson.org | 2013 | San Francisco, United States | $8.85M | 1 | Online teaching resources and educational content | |
| mystudylife.com | 2014 | Aldershot, United Kingdom | – | – | A planner app designed for students and teachers to organize tasks. |
Detailed competitors of Mindstrand
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
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- Competitive positioning
Verified entity values are shown only after access is granted.
Top companies in Test Preparation Platforms
10 companies that operate in the same segment as Mindstrand (Test Preparation Platforms), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Online educational resources and test preparation for exams are provided. | 2016 | Noida, Uttar Pradesh, India | USD 311.77 M | USD 415.66 M | 10,293 | |
An online platform for competitive exam preparation is provided. | 2016 | Gurugram, Haryana, India | USD 64.98 M | USD 15.59 M | – | |
Mobile and cloud-based resources for medical exams are delivered. | 2012 | Berlin, Berlin, Germany | USD 291.94 M | – | – | |
Mobile and SaaS-based platform providing e-learning and test preparation platform for students | 2013 | Mumbai, Maharashtra, India | USD 116.06 M | USD 12.77 M | – | |
Live interactive K-12 tutoring platform is provided online. | 2011 | Bengaluru, Karnataka, India | USD 337.13 M | USD 23.27 M | 1,181 | |
On-demand one-to-one tutoring is connected between students and tutors. | 2020 | Lewes, Delaware, United States | USD 23.26 M | USD 772.99 K | 126 | |
AI-based IT solutions for instructors are provided by Riiid. | 2014 | Mountain View, California, United States | USD 247.26 M | – | – | |
Testbook is recognized as a leading platform for government exam preparation in India. | 2014 | Gurugram, Haryana, India | USD 13.85 M | USD 3.34 M | 861 | |
Digital educational content and learning platform for students is provided. | 2019 | Dhaka, Bangladesh | USD 6.2 M | – | – | |
Live online tutoring and test prep platform is operated. | 2007 | St. Louis, Missouri, United States | USD 107 M | – | – |
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Frequently Asked Questions about Mindstrand
Mindstrand was founded in 2012.
Mindstrand is headquartered in Denver, United States. It is registered at Denver, Colorado, United States.
The primary company behind Mindstrand, And Data India Private Limited, reported revenue of ₹2.02 Cr for FY 2019, down 60% year on year.
Mindstrand operates with a B2C model, focusing on involved in educational services, providing e-learning, student tools, and note-taking apps. Functions as a digital note-taking tool designed for students. It emphasizes efficiency, client-focused solutions, and growth, fostering partnerships and innovation in its operations.
Mindstrand's top competitors include MagicSchool, Education.com and Chalk.com.
Mindstrand operates through And Data India Private Limited.
The legal entities of Mindstrand currently have 2 directors, including Thierry Philippe Jaccoud, Vishwas Bowasaheb Sarnobat.