Mockbank

Bengaluru, India Founded: 2013 • Age: 13 yrs Minicorn Acquired By Embibe
Online portal for mock examinations for competitive tests preparation

About Mockbank

Mockbank is an Education company based in Bengaluru (India) founded in 2013 by Minu Rachel Philip, and was acquired by Embibe in June 2019. It operates as an online portal for mock examinations for competitive tests preparation. Mockbank has raised $400 thousand across 1 funding round from investors including EMBIBE, Blume Ventures and Santosh Shetty. Mockbank has completed 1 acquisition, including LITORO Tech Solutions. Mockbank was last valued at $1.89 million in September 2015. The company was acqui-hired. Its focus areas include EdTech, Test Preparation Tech, Digital Learning and Government Services. Its legal entity in India is Mockbank Learning Private Limited (U74999DL2014PTC273568). Its competitors include Unacademy, BYJU'S, Toppr, Toprankers and Study IQ and 3 more; 7 of its 8 listed competitors have raised funding.

Company details

Mockbank was established in 2013 in Bengaluru, India, as an online platform focused on competitive exam preparation. Mock tests are provided for IBPS exams and specialized series in law, IT, marketing, finance, and other fields. Additional resources such as exam tips and books are available. Operations are conducted via an online channel that includes organic search and social media, enabling students to purchase tests digitally.

  • Headquarters Bengaluru, India
  • Founders Minu Rachel Philip
  • Stage Acquired
  • Sectors
    Education
  • Email
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  • Phone
    β€’β€’β€’β€’ β€’β€’β€’β€’
  • Website mockbank.com
  • Social LinkedIn X Facebook
  • Acquired by Embibe (Jun 2019)
  • Legal Name Mockbank Learning Private Limited
  • Date of Incorporation 27 Nov, 2014
  • Jurisdiction New Delhi, Delhi, India
Key Metrics
  • Net Loss
    -₹36,387

    FY 2023 · 0% margin

  • Total Equity Funding
    $400K (USD)

    in 1 rounds

  • Latest Funding Round
    $400K (USD), Seed

    Sep 2015

  • Investors
    EMBIBE

    & 7 more

  • Investments & Acquisitions
  • Acquired by
    Embibe

    (Jun 2019)

Funding Insights of Mockbank

Mockbank has successfully raised a total of $400K through 1 strategic funding round. The most recent funding activity was a Seed round of $400 thousand completed in September 2015. 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 $400,000
  • Total Rounds 1
  • Last Round Seed β€” $400,000
  • First Round $400,000

    (Sep 2015)

  • Investors Count 7

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

DateAmountTransaction NameValuationLead InvestorsInvestors
Sep 2015$400,000Seed$1.89MBlume Ventures
Valuation history
DateValuationStage
Sep 2015$1.89Mβ€’β€’β€’β€’β€’β€’β€’β€’

Last known valuation $1.89M (Sep 2015). 8 investors in total: 2 institutional and 6 angel.

Investors in Mockbank

Mockbank has secured backing from 8 investors, including venture fund and angel investors. Prominent investors backing the company include EMBIBE, Blume Ventures and Santosh Shetty.

All
Venture Fund
Angel
InvestorDescriptionFounded YearDomainLocation
Seed and early-stage investments are made across sectors in India.
–blume.vcMumbai, India

Santosh Shetty

-
–unknown_89836be52aee4af9b-

Dev Ramnane

-
–unknown_b6f794f3e5d941a7b-

Srivatsan Rajan

-
–unknown_37830a70127e4df78-

Amit Ranjan

Co-founder of SlideShare, angel investor, and product strategist in tech.
–unknown_46c149e613e844e0b-

Ravindran Govindan

-
–unknown_a253c37944464f8b9-

Aravind Basu

-
–unknown_69f3429c936e4cddb-
An AI-powered learning platform is offered for personalized education.
2012embibe.comBetul, India
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Investor details for Mockbank

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Board of directors of Mockbank Learning Private Limited (Mockbank)

Mockbank Learning Private Limited is the primary company behind Mockbank. The board of Mockbank Learning Private Limited currently have 2 directors; the longest-serving is Manesh Jain, appointed in 2018. 4 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Manesh Jain
DIN 05246551
Director01 Mar 20188 yrs 7 moMockbank Learning Private Limited
Nikunj Jitendra Karia
DIN 07529714
Director19 Apr 20197 yrs 6 moMockbank Learning Private Limited

People of Mockbank

1 people are tracked at Mockbank (1 in leadership).

NameRoleGroup
Co-FounderLeadership
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Financials of Mockbank

Figures of Mockbank Learning Private Limited, the primary company behind Mockbank, for FY 2023. Net loss was -₹36,387 (0% margin). Revenue has grown at a compounded annual rate of -100% over three years and -100% over five years.

  • -₹36,387Net loss · 0% margin
  • ₹1.3 LakhPaid-up capital
  • -100%Revenue CAGR, 3 years
  • -100%Revenue CAGR, 5 years

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

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Detailed financial statements for Mockbank

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

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Investments & Acquisitions by Mockbank

Mockbank has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include LITORO Tech Solutions.

Acquisitions
Company NameDescriptionDomainLocationFoundedAcquiredAmount
Web development company
litoro.comVijayawada, India2012Dec 2015β€’β€’β€’β€’
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Timeline of Mockbank

5 dated milestones of Mockbank across 6 years, from founding to its latest funding, stage changes and deals.

  1. Founded Mockbank is founded.
  2. Funding First funding round of $400K.
  3. Milestone Reaches Minicorn status.
  4. Acquisition Acquires LITORO Tech Solutions.
  5. Exit Acquired by Embibe.

Competitors of Mockbank

Mockbank has 8 listed competitors in our database, 7 of them funded. They include Unacademy, BYJU'S, Toppr, Toprankers and Study IQ, among others.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
unacademy.com2015Bengaluru, India$880.17M1,894
Online educational resources and courses for exam preparation are provided.
byjus.com2011Bengaluru, India$4.6B3
Online learning programs for K-12 education are delivered.
toppr.com2013Mumbai, India$116.06M–
Mobile and SaaS-based platform providing e-learning and test preparation platform for students
toprankers.com2016Bhopal, India$4.67M269
Edtech organization that provides career discovery and preparation solutions to high school students
studyiq.com2016Delhi, India–207
Self-paced courses are offered for competitive exam preparation.
exampur.com2018Ghaziabad, India$75,46844
Government exam preparation is offered through a mobile platform.
fenbi.com2012Beijing, China$391.5M–
Preparation for various exams is enabled by Fenbi's mobile application.
builtbyhlt.com2012Iowa, United States$20.26M10
Mobile apps for exam preparation in various fields are provided.
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Detailed competitors of Mockbank

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Web traffic of Mockbank

Websites that share an audience with Mockbank (mockbank.com).

Similar websites

Websites whose visitors overlap most with Mockbank. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
cybermocktest.com
100%
––View details
oliveboard.in
83%
3.7M#16,214View details
prep.youth4work.com
prep.youth4work.com
79%
–––
sbipo.testbag.com
sbipo.testbag.com
77%
–––
governmentjobsindia.org
governmentjobsindia.org
71%
–––
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
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Top companies in Test Preparation Platforms

10 companies that operate in the same segment as Mockbank (Test Preparation Platforms), 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
An online platform for competitive exam preparation is provided.
2016Gurugram, Haryana, IndiaUSD 64.98 MUSD 15.59 M–
Mobile and cloud-based resources for medical exams are delivered.
2012Berlin, Berlin, GermanyUSD 291.94 M––
Mobile and SaaS-based platform providing e-learning and test preparation platform for students
2013Mumbai, Maharashtra, IndiaUSD 116.06 MUSD 12.77 M–
Live interactive K-12 tutoring platform is provided online.
2011Bengaluru, Karnataka, IndiaUSD 341 MUSD 23.27 M972
On-demand one-to-one tutoring is connected between students and tutors.
2020Lewes, Delaware, United StatesUSD 23.26 MUSD 772.99 K126
AI-based IT solutions for instructors are provided by Riiid.
2014Mountain View, California, United StatesUSD 247.26 M––
Testbook is recognized as a leading platform for government exam preparation in India.
2014Gurugram, Haryana, IndiaUSD 13.85 MUSD 3.34 M861
Digital educational content and learning platform for students is provided.
2019Dhaka, BangladeshUSD 6.2 M––
Live online tutoring and test prep platform is operated.
2007St. Louis, Missouri, United StatesUSD 107 M––
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Related news about Mockbank

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Frequently Asked Questions about Mockbank

Mockbank was founded in 2013 and raised its 1st funding round 2 years after it was founded.

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

Mockbank is a funded company, having raised a total of $400K across 1 funding round to date. The company's 1st funding round was a Seed of $400K, raised on Sep 2015.

Mockbank was established in 2013 in Bengaluru, India, as an online platform focused on competitive exam preparation. Mock tests are provided for IBPS exams and specialized series in law, IT, marketing, finance, and other fields. Additional resources such as exam tips and books are available. Operations are conducted via an online channel that includes organic search and social media, enabling students to purchase tests digitally.

Mockbank's top competitors include Toppr, Unacademy and BYJU'S.

Mockbank has made 1 acquisition, including LITORO Tech Solutions.

Mockbank has 8 investors. Key investors include EMBIBE, Blume Ventures, Santosh Shetty, Dev Ramnane, and Srivatsan Rajan.

The valuation of Mockbank is $1.89M as of Sep 2015.

Mockbank operates through Mockbank Learning Private Limited.

Yes. Mockbank was acquired by Embibe in June 2019.

The legal entities of Mockbank currently have 2 directors, including Nikunj Jitendra Karia, Manesh Jain.

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