MT Educare

Mumbai, India Founded: 1988 • Age: 38 yrs Listed Acquired By Zee Learn
Chain of coaching institutes and PU colleges
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About MT Educare

MT Educare is a publicly listed company based in Mumbai (India) founded in 1988, and was acquired by Zee Learn in February 2018. Chain of coaching institutes and PU colleges. MT Educare has raised $12 million across 4 funding rounds from investors including Avendus, Zee Learn and Helix Investments. Its Indian entity Mt Educare Ltd reported revenue of ₹40.46 Cr. Its focus areas include Test Preparation Chains, Diversified, Academic Tutoring and K-12. Its competitors include Veranda Learning, Career Launcher and CLEducate; 1 of its 3 listed competitors has raised funding.

Company details

MT Educare was established in 1988 in Mumbai, India, within the education sector. A network of coaching institutes and pre-university colleges is maintained. Board exam preparation is facilitated, alongside coaching in science and commerce streams. Test readiness for medical and engineering entrance examinations, as well as chartered accountancy, is provided. Vocational programs targeted at commerce and management students are also delivered across operations.

  • Headquarters Mumbai, India
  • Stage Acquired
  • Sectors
    Education
  • Email
    ••••••••
  • Phone
    •••• ••••
  • Website mteducare.com
  • Social LinkedIn X Facebook
  • Acquired by Zee Learn (Feb 2018)
  • Legal Name Mt Educare Ltd
Operational Areas
Education → Test Preparation Institutes
Education → Academic Tutoring & Afterschool Learning
Key Metrics
  • Market Cap
    ₹12.13 Cr

    MTEDUCARE · NSE

  • Share Price
    ₹1.70

    +1.19% today

  • Revenue
    ₹36.14 Cr

    FY 2025-26 · -42.5% YoY

  • EBITDA
    ₹4.57 Cr

    Margin 12.7%

  • Net Profit
    −₹3.12 Cr

    FY 2025-26 · +89.8% YoY

  • Total Equity Funding
    $12M (USD)

    in 4 rounds

  • Latest Funding Round
    $17.11M (USD), Debt – Conventional

    May 2017

  • Investors
    Avendus

    & 4 more

  • Acquired by
    Zee Learn

    (Feb 2018)

Funding Insights of MT Educare

MT Educare has successfully raised a total of $12M across 4 strategic funding rounds. The most recent funding activity was a Debt – Conventional round of $17.11 million completed in May 2017. 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 $12M
  • Total Rounds 4
  • Last Round Debt – Conventional — $17.11M
  • First Round $12M

    (Aug 2007)

  • Investors Count 4

All 4 funding rounds of MT Educare with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
May 2017$17.11MDebt – Conventional––
The Xander Group
May 2014$663,685Post-IPO––
ADIA
Aug 2013$768,466Post-IPO––
Avendus
Aug 2007$12MPrivate Equity Round–Helix Investments
–
Valuation history

5 investors in total: 5 institutional.

Investors in MT Educare

MT Educare has secured backing from 5 investors, including venture fund and institutional investors. Prominent investors backing the company include Avendus, Zee Learn and Helix Investments.

All
Venture Fund
Institutional
InvestorDescriptionFounded YearDomainLocation
The Xander Group
Global private equity investments are managed by The Xander Group.
thexandergroup.comLondon, United Kingdom
Helix Investments
Private equity firm focused on acquisitions
2007helix-investments.comPort Louis, Mauritius
Abu Dhabi Investment Authority
Long-term value is created through diversified sovereign wealth investments.
adia.aeAbu Dhabi, United Arab Emirates
Avendus
Corporate advisory and investment services are provided to clients.
1999avendus.comMumbai, India
Zee Learn
K-12 schools and pre-school chains are operated in India.
2003zeelearn.comMumbai, India
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Investor details for MT Educare

The complete investor list, round-by-round participation and investor portfolios require an active premium plan.

  • Complete investor list
  • Round participation
  • Investor portfolios
  • Co-investor network

Verified entity values are shown only after access is granted.

Board of directors of Mt Educare Ltd (MT Educare)

Mt Educare Ltd is the primary company behind MT Educare. The boards of the 5 registered companies of MT Educare currently have 9 directors; the longest-serving is Ravindra Ashok Mishra, appointed in 2019. 81 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Ravindra Ashok Mishra
DIN 06904573
Company Secretary15 Nov 20196 yrs 11 moMt Educare Ltd
Nanette Ralph Dsa
DIN 05261531
Director31 Mar 20206 yrs 7 moMt Educare Ltd
Roshan Lal Kamboj
DIN 01076066
Director23 Apr 20206 yrs 6 moMt Education Services Private Limited, Letspaper Technologies Private Limited, Robomate Edutech Private Limited, Mt Educare Ltd
Surender Singh
DIN 08206770
Director23 Apr 20206 yrs 6 moMt Education Services Private Limited, Letspaper Technologies Private Limited, Labh Ventures India Private Limited, Robomate Edutech Private Limited, Mt Educare Ltd
Vipin Choudhary
DIN 02090149
Director02 Feb 20215 yrs 9 moMt Educare Ltd
Karunn Kandoi
DIN 01344843
Director01 Mar 20215 yrs 8 moMt Educare Ltd
Dattatraya Kelkar Ramchandra
DIN 00118037
Director17 Mar 20224 yrs 7 moLabh Ventures India Private Limited, Mt Educare Ltd
Vishal Pramod Kolpe
DIN 11153528
Additional Director12 Aug 20251 yr 2 moMt Education Services Private Limited, Letspaper Technologies Private Limited, Robomate Edutech Private Limited
Manish Kumar Gothwal
DIN 10210620
Additional Director13 Feb 20268 moLabh Ventures India Private Limited

People of MT Educare

9 people are tracked at MT Educare (1 in leadership, 5 in board & advisors, 3 in team).

NameRoleGroup
Sanjeev Garg
CEOLeadership
Dattatraya Ramchandra Kelkar
Non-Executive Independent DirectorBoard & advisors
Karunn Kandoi
Non-Executive Independent DirectorBoard & advisors
Vipin Choudhary
Non-Executive Independent DirectorBoard & advisors
Roshanlal Khamboj
Non-Executive Independent DirectorBoard & advisors
Nanette D’sa
Non-Executive Independent DirectorBoard & advisors
Ravindra Mishra
Company Secretary & Compliance OfficerTeam
Dr. Pramod Singh
Senior Content Developer At MT EducareTeam
Venkat Bollimuntha
Senior Finance ExecutiveTeam
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Complete people profiles for MT Educare

Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.

  • Full employee list
  • Team structure
  • Board tenure
  • Professional contacts

Verified entity values are shown only after access is granted.

IPO & Listings of MT Educare

MT Educare is a publicly listed company on the NSE with ticker symbol MTEDUCARE in India, operating in the Consumer services sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.

  • IPO date13 Apr 2012
  • Listed onBSE: 534312
  • Listed entityMT Educare Ltd
  • Exchange sectorConsumer services
  • ISININE472M01018
  • Share price₹1.67 (+3.73% on the day) · 2026-10-14
  • Market capitalisation₹12.4 Cr
  • EPS (diluted, trailing year)₹-0.43
  • Volume (last session)5,293

Financials of MT Educare

Exchange-reported figures of Mt Educare Ltd, the listed company behind MT Educare (NSE: MTEDUCARE).

Financial Highlights

FY 2025-26 · Consolidated
Revenue
₹36.14 Cr
-42.5% YoY
EBITDA
₹4.57 Cr
+253.4% YoY
Profit After Tax
−₹3.12 Cr
+89.8% YoY
Net Worth
−₹5.15 Cr
-187.7% YoY
Total Assets
₹135 Cr
-4.6% YoY
Total Debt
₹138 Cr
-2.6% YoY

Revenue vs Net Profit ₹ Cr

Margin trends

Financial summary ₹ Cr

MetricsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Income statement
Revenue36.1462.8057.1473.6473.43106271
Revenue growth-42.5%+9.9%-22.4%+0.3%-30.7%-60.9%-
EBITDA4.57(2.98)(7.83)(47.90)(12.51)(12.83)1.82
EBITDA margin+12.7%-4.8%-13.7%-65.1%-17.0%-12.1%+0.7%
Profit before tax(2.23)(19.97)(26.32)(62.96)(22.87)(17.90)(38.83)
Net profit(3.12)(30.62)(27.61)(38.23)(26.33)(31.32)(20.35)
Net profit margin-8.6%-48.8%-48.3%-51.9%-35.9%-29.6%-7.5%
EPS (₹)(0.43)(4.29)(3.83)(8.40)(3.53)(4.19)(6.36)
Balance sheet
Total assets135141167176222257311
Net worth(5.15)(1.79)29.4256.83118143173
Total debt13814213511798.40109130
Cash & bank10.9011.609.989.248.539.2810.31
Net working capital8.028.204.25(20.01)(2.95)23.88(4.13)
Cash flow
Cash from operations1.837.02(2.02)2.005.42(2.81)79.30
Cash from investing2.723.586.22(2.75)4.358.6019.59
Cash from financing(6.32)(7.80)(3.75)1.23(8.80)(6.92)(98.43)
ParticularsMar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024Jun 2024
Revenue9.886.9712.386.9112.9012.0611.5213.88
Revenue growth (YoY)-23.4%-42.2%+7.5%-50.2%+34.0%---
Other income2.160.650.900.611.960.780.571.97
EBITDA4.81(0.55)3.04(2.73)1.00(0.57)(4.06)0.65
EBITDA margin+48.7%-7.9%+24.6%-39.5%+7.8%-4.7%-35.2%+4.7%
Depreciation1.561.391.561.531.542.322.322.65
Interest2.500.610.671.313.733.283.223.19
Profit before tax2.91(1.90)1.71(4.96)(2.31)(5.39)(9.03)(3.22)
Tax0.320.190.230.1611.36(0.08)0.06(0.32)
Net profit2.59(2.09)1.48(5.12)(13.67)(5.31)(9.09)(2.90)
EPS (₹)0.36(0.29)0.21(0.71)(1.89)(0.74)(1.26)(0.40)
MetricsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Income statement
Revenue11.9725.6028.7935.7334.4155.58163
Revenue growth-53.2%-11.1%-19.4%+3.8%-38.1%-65.8%-
EBITDA(4.73)(6.90)(4.63)(39.39)(10.89)(13.82)(11.29)
EBITDA margin-39.5%-27.0%-16.1%-110.2%-31.7%-24.9%-7.0%
Profit before tax(5.39)15.30(15.32)(51.33)(20.62)(20.40)(46.99)
Net profit(6.16)(8.76)(14.82)(25.08)(27.27)(32.99)(24.50)
Net profit margin-51.5%-34.2%-51.5%-70.2%-79.3%-59.4%-15.1%
EPS (₹)(0.85)1.14(2.04)(6.73)(3.48)(4.16)(7.24)
Balance sheet
Total assets87.1896.73141150194224278
Net worth52.3958.5850.6365.14114139168
Total debt34.1037.5588.9283.5475.8680.4447.26
Cash & bank9.899.986.644.576.096.256.30
Net working capital0.706.069.38(7.95)13.0150.8530.08
Cash flow
Cash from operations2.315.36(0.62)10.332.89(3.55)56.96
Cash from investing(0.66)2.457.20(1.78)5.839.1025.03
Cash from financing(3.03)(4.75)(4.72)(10.24)(7.37)(5.62)(83.11)
ParticularsMar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024Jun 2024
Revenue2.862.452.883.794.764.965.796.17
Revenue growth (YoY)-39.9%-50.6%-50.3%-38.6%-16.9%---
Other income1.150.590.630.6024.630.750.521.68
Total expenses2.703.895.005.125.106.079.098.32
EBITDA0.16(1.44)(2.12)(1.33)(0.34)(1.11)(3.30)(2.15)
EBITDA margin+5.6%-58.8%-73.6%-35.1%-7.1%-22.4%-57.0%-34.8%
Depreciation0.590.550.590.65(0.96)1.491.581.70
Interest0.290.320.300.35(3.80)1.811.831.72
Profit before tax0.43(1.72)(2.38)(1.73)29.05(3.66)(6.19)(3.89)
Tax0.200.160.240.178.03(0.31)(0.33)(0.30)

Financial Statements

Figures in ₹ Cr; negatives in brackets. Updated 06 Nov 2026
ParticularsMar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024Jun 2024
Revenue9.886.9712.386.9112.9012.0611.5213.88
Revenue growth (YoY)-23.4%-42.2%+7.5%-50.2%+34.0%---
Other income2.160.650.900.611.960.780.571.97
EBITDA4.81(0.55)3.04(2.73)1.00(0.57)(4.06)0.65
EBITDA margin+48.7%-7.9%+24.6%-39.5%+7.8%-4.7%-35.2%+4.7%
Depreciation1.561.391.561.531.542.322.322.65
Interest2.500.610.671.313.733.283.223.19
Profit before tax2.91(1.90)1.71(4.96)(2.31)(5.39)(9.03)(3.22)
Tax0.320.190.230.1611.36(0.08)0.06(0.32)
Net profit2.59(2.09)1.48(5.12)(13.67)(5.31)(9.09)(2.90)
EPS (₹)0.36(0.29)0.21(0.71)(1.89)(0.74)(1.26)(0.40)
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Revenue36.1462.8057.1473.6473.43106271
Revenue growth-42.5%+9.9%-22.4%+0.3%-30.7%-60.9%-
Other income4.325.274.034.5014.9837.9026.26
Total expenses31.5765.7864.9712285.94119269
Employee cost0.009.508.6113.8314.2719.4631.93
EBITDA4.57(2.98)(7.83)(47.90)(12.51)(12.83)1.82
EBITDA margin+12.7%-4.8%-13.7%-65.1%-17.0%-12.1%+0.7%
Depreciation6.048.8310.3710.9214.7226.3442.88
Interest5.0813.4312.158.6410.6216.6324.03
Profit before tax(2.23)(19.97)(26.32)(62.96)(22.87)(17.90)(38.83)
Tax0.8911.021.34(2.26)2.6612.347.11
Net profit(3.12)(30.62)(27.61)(38.23)(26.33)(31.32)(20.35)
Net profit margin-8.6%-48.8%-48.3%-51.9%-35.9%-29.6%-7.5%
EPS (₹)(0.43)(4.29)(3.83)(8.40)(3.53)(4.19)(6.36)
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Equity & liabilities
Share capital72.2372.2372.2372.2372.2372.2372.23
Reserves & surplus(77.38)(74.02)(42.81)(15.40)45.3170.73101
Shareholders' funds (net worth)(5.15)(1.79)29.4256.83118143173
Minority interest0.000.000.000.000.000.000.00
Secured loans20620618212111280.2762.17
Unsecured loans(68.32)(64.46)(47.36)(3.95)(14.01)28.5968.15
Total debt13814213511798.40109130
Total liabilities135141167176222257311
Assets
Gross block79.0184.56200194255272305
Net block11.2917.8675.1672.1692.67113141
Capital work in progress0.000.000.150.220.570.006.88
Investments0.000.000.000.000.000.006.43
Inventories0.000.000.000.000.000.000.00
Sundry debtors11.0210.509.1810.9624.2130.4535.93
Cash & bank balances10.9011.609.989.248.539.2810.31
Loans & advances10310610678.2775.3610565.28
Total current assets12512812598.47108145112
Total current liabilities117120121118111121116
Net working capital8.028.204.25(20.01)(2.95)23.88(4.13)
Total assets135141167176222257311
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Opening cash6.984.183.733.252.273.412.95
Net cash from operating activities1.837.02(2.02)2.005.42(2.81)79.30
Net cash from investing activities2.723.586.22(2.75)4.358.6019.59
Net cash from financing activities(6.32)(7.80)(3.75)1.23(8.80)(6.92)(98.43)
Net change in cash(1.77)2.800.450.470.98(1.13)0.45
Closing cash10.9011.609.989.248.539.2810.31
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Growth
Sales growth-42.5%+9.9%-22.4%+0.3%-30.7%-60.9%-
EBITDA growth+253.4%+61.9%+83.7%-282.9%+2.5%-805.0%-
PBT growth+88.8%+24.1%+58.2%-175.3%-27.8%+53.9%-
Net income growth+89.8%-10.9%+27.8%-45.2%+15.9%-53.9%-
Revenue CAGR (3Y)-21.1%-5.1%-18.6%-35.2%-36.2%-21.9%-3.9%
EBITDA CAGR (3Y)--38.0%-15.2%---57.9%-61.0%
Profitability & leverage
Net income margin-8.6%-49.4%-48.4%-82.4%-34.8%-28.6%-17.0%
Return on capital employed-0.0%-8.3%-16.0%-5.1%-0.5%0.0%
Return on net worth-0.0%-64.1%-43.9%-19.6%-19.1%0.0%
Debt / equity-9.912.921.240.800.760.67
Long-term debt / equity-6.621.950.910.530.480.57
Interest cover-345.58-113.72-66.76-14.69-39.00-42.46-58.52
Efficiency & per share
Fixed asset turnover-0.390.290.330.280.371.01
Inventory turnover-0.000.000.000.000.000.00
Debtors turnover-6.385.674.192.693.198.81
EPS (₹)(0.43)(4.29)(3.83)(8.40)(3.53)(4.19)(6.36)
Dividend per share (₹)0.000.000.000.000.000.000.00
Book value per share (₹)0.00(0.25)4.077.8716.2719.7923.93
ParticularsMar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024Jun 2024
Revenue2.862.452.883.794.764.965.796.17
Revenue growth (YoY)-39.9%-50.6%-50.3%-38.6%-16.9%---
Other income1.150.590.630.6024.630.750.521.68
Total expenses2.703.895.005.125.106.079.098.32
EBITDA0.16(1.44)(2.12)(1.33)(0.34)(1.11)(3.30)(2.15)
EBITDA margin+5.6%-58.8%-73.6%-35.1%-7.1%-22.4%-57.0%-34.8%
Depreciation0.590.550.590.65(0.96)1.491.581.70
Interest0.290.320.300.35(3.80)1.811.831.72
Profit before tax0.43(1.72)(2.38)(1.73)29.05(3.66)(6.19)(3.89)
Tax0.200.160.240.178.03(0.31)(0.33)(0.30)
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Revenue11.9725.6028.7935.7334.4155.58163
Revenue growth-53.2%-11.1%-19.4%+3.8%-38.1%-65.8%-
Other income2.9827.573.403.8410.0527.0921.34
Total expenses16.7032.5033.4275.1245.3069.40174
Employee cost0.006.075.029.3611.3218.4928.90
EBITDA(4.73)(6.90)(4.63)(39.39)(10.89)(13.82)(11.29)
EBITDA margin-39.5%-27.0%-16.1%-110.2%-31.7%-24.9%-7.0%
Depreciation2.383.816.808.7511.4121.6237.22
Interest1.261.567.297.038.3712.0519.82
Profit before tax(5.39)15.30(15.32)(51.33)(20.62)(20.40)(46.99)
Tax0.777.08(0.58)(2.75)4.549.655.30
Net profit(6.16)(8.76)(14.82)(25.08)(27.27)(32.99)(24.50)
Net profit margin-51.5%-34.2%-51.5%-70.2%-79.3%-59.4%-15.1%
EPS (₹)(0.85)1.14(2.04)(6.73)(3.48)(4.16)(7.24)
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Equity & liabilities
Share capital72.2372.2372.2372.2372.2372.2372.23
Reserves & surplus(19.84)(13.65)(21.60)(7.09)41.4866.5096.26
Shareholders' funds (net worth)52.3958.5850.6365.14114139168
Secured loans50.2850.6047.3946.1449.5257.6832.16
Unsecured loans(16.18)(13.05)41.5337.4026.3422.7615.10
Total debt34.1037.5588.9283.5475.8680.4447.26
Total liabilities87.1896.73141150194224278
Assets
Gross block37.4040.3987.86113159168230
Net block5.418.9835.0438.7845.0257.1193.50
Capital work in progress0.000.000.150.000.190.000.13
Investments12.9812.9812.9812.9831.4531.4540.33
Inventories0.000.000.000.000.000.000.00
Sundry debtors15.8315.2212.9715.6627.4836.4825.35
Cash & bank balances9.899.986.644.576.096.256.30
Loans & advances55.5162.9469.6553.6457.2791.4979.73
Total current assets81.2388.1489.2673.8790.84134111
Total current liabilities80.5382.0879.8881.8277.8383.3781.30
Net working capital0.706.069.38(7.95)13.0150.8530.08
Total assets87.1896.73141150194224278
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Opening cash5.602.530.672.361.011.082.20
Net cash from operating activities2.315.36(0.62)10.332.89(3.55)56.96
Net cash from investing activities(0.66)2.457.20(1.78)5.839.1025.03
Net cash from financing activities(3.03)(4.75)(4.72)(10.24)(7.37)(5.62)(83.11)
Net change in cash(1.39)3.071.86(1.69)1.35(0.07)(1.12)
Closing cash9.899.986.644.576.096.256.30
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Growth
Sales growth-53.2%-11.1%-19.4%+3.8%-38.1%-65.8%-
EBITDA growth+31.5%-49.0%+88.3%-261.7%+21.2%-22.4%-
PBT growth-+9998.0%+70.2%-148.9%-1.1%+56.6%-
Net income growth+29.7%+40.9%+40.9%+8.0%+17.3%-34.7%-
Revenue CAGR (3Y)-30.6%-9.4%-19.7%-39.6%-44.3%-35.2%-13.7%
EBITDA CAGR (3Y)-50.7%-14.1%-30.6%+51.7%--56.0%-
Profitability & leverage
Net income margin-51.5%+32.1%-51.2%-136.0%-73.1%-54.1%-32.2%
Return on capital employed--6.1%-5.5%-12.1%-6.9%0.0%0.0%
Return on net worth--16.1%-25.5%-28.1%-21.6%0.0%0.0%
Debt / equity-1.161.490.890.620.420.30
Long-term debt / equity-0.480.870.520.350.230.25
Interest cover-17.72-14.57-63.78-14.60-37.53-34.00-40.86
Efficiency & per share
Fixed asset turnover-0.340.290.260.210.280.89
Inventory turnover-0.000.000.000.000.000.00
Debtors turnover-1.822.011.661.081.807.21
EPS (₹)(0.85)1.14(2.04)(6.73)(3.48)(4.16)(7.24)
Dividend per share (₹)0.000.000.000.000.000.000.00
Book value per share (₹)0.008.117.019.0215.7419.2123.33

Timeline of MT Educare

5 dated milestones of MT Educare across 30 years, from founding to its latest funding, stage changes and deals.

  1. Founded MT Educare is founded.
  2. Funding First funding round of $12.0M.
  3. IPO Lists on the stock exchange (IPO).
  4. Funding Latest funding round, Debt – Conventional, of $17.1M.
  5. Exit Acquired by Zee Learn.

Competitors of MT Educare

MT Educare has 3 listed competitors in our database, 1 of them funded. They include Veranda Learning, Career Launcher and CLEducate.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
Veranda Learning
verandalearning.com2018Bengaluru, India345
Government exam preparation is provided through centers and online courses.
Career Launcher
careerlauncher.com1995Delhi, India$13.2M29
Entrance exam preparation programs are offered through education centers.
CLEducate
cleducate.com1996Delhi, India603
K-12 education, vocational training and test prep provider
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Detailed competitors of MT Educare

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Web traffic of MT Educare

The website of MT Educare (mteducare.com) receives about 5.1K visits a month.

  • Monthly visits
    5.1K

    ▲ 17.3% vs previous month

Similar websites

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

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
maheshtutorials.com
maheshtutorials.com
100%
–
atlantatutors.net
atlantatutors.net
90%
–
schoolpage.me
schoolpage.me
88%
–
tuitionmall.com
tuitionmall.com
86%
–
military.tutor.com
military.tutor.com
86%
–
••••••••••••••••.com••%•.•M#•••••–
••••••••••••••••.com••%•.•M#•••••–
••••••••••••••••.com••%•.•M#•••••–
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All 20 similar websites and full traffic analytics for MT Educare

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  • 20 similar websites
  • Audience overlap
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Top companies in Test Preparation Institutes

3 companies that operate in the same segment as MT Educare (Test Preparation Institutes) in India, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
FIITJEE
Training for competitive exams like IIT-JEE and NTSE is offered.
1992Delhi, Delhi, IndiaUSD 20.32 MUSD 71.98 M2,097
Aakash Educational Services
Chain of centers offering coaching for medical & engineering entrance exams
2000Delhi, Delhi, IndiaUSD 1.08 BUSD 289.68 M8
IMS Learning
Coaching for MBA entrance exams is offered by IMS Learning.
1977Mumbai, Maharashtra, IndiaUSD 5.17 MUSD 22.07 M357
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Related news about Mt Educare

MT Educare Standalone September 2024 Net Sales at Rs 5.79 crore
Moneycontrol • 1 year ago
MT Educare Consolidated March 2024 Net Sales at Rs 9.63 crore, up 5.3% Y-o-Y
Moneycontrol • 2 years ago
MT Educare Standalone December 2023 Net Sales at Rs 5.90 crore, down 29.29% Y-o-Y
Moneycontrol • 2 years ago
MT Educare Q4 net loss widens to ₹38.3 crore
Thehindubusinessline • 3 years ago
India's MT Educare CFO Nirav Parekh Resigns
Reuters • 3 years ago
NCLT admits listed coaching firm MT Educare under Corporate Insolvency Resolution Process
Indiatimes • 3 years ago
MT Educare Names Nirav Parekh CFO
Reuters • 4 years ago
MT Educare Says Employee Committed Fraud Over Past Few Months
Reuters • 4 years ago
NCLT dismisses plea filed against BSE-listed MT Educare by its former CFO
Indiatimes • 4 years ago
MT Educare Says Appointed Siddhartha Haldar As CFO
Reuters • 4 years ago
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Articles about MT Educare on our blog

Frequently Asked Questions about MT Educare

MT Educare was founded in 1988 and raised its 1st funding round 19 years after it was founded.

MT Educare is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.

MT Educare is a funded company, having raised a total of $12M across 4 funding rounds to date. The company's 1st funding round was a Private Equity Round of $12M, raised on Aug 2007.

The primary company behind MT Educare, Mt Educare Ltd, reported revenue of ₹40.46 Cr for FY 2026, down 42% year on year.

MT Educare was established in 1988 in Mumbai, India, within the education sector. A network of coaching institutes and pre-university colleges is maintained. Board exam preparation is facilitated, alongside coaching in science and commerce streams. Test readiness for medical and engineering entrance examinations, as well as chartered accountancy, is provided. Vocational programs targeted at commerce and management students are also delivered across operations.

MT Educare's top competitors include Veranda Learning, Career Launcher and CLEducate.

Yes, MT Educare is publicly traded on NSE under the ticker symbol MTEDUCARE.

MT Educare has 5 investors. Key investors include Avendus, Zee Learn, Helix Investments, The Xander Group, and Abu Dhabi Investment Authority.

MT Educare is associated with 5 legal entities: Mt Educare Ltd, Mt Education Services Private Limited, Letspaper Technologies Private Limited and others.

Yes. MT Educare was acquired by Zee Learn in February 2018.

The legal entities of MT Educare currently have 10 directors, including Roshan Lal Kamboj, Surender Singh, Vishal Pramod Kolpe and others.

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