About MT Educare
MT Educare is a company based in Mumbai (India) founded in 1988 was acquired by Zee Learn in February 2018.. MT Educare has raised $12 million across 4 funding rounds from investors including Avendus, Zee Learn and Helix Investments. MT Educare operates in a competitive market with competitors including Veranda Learning, Career Launcher, CLEducate, T.I.M.E. (Triumphant Institute of Management Education) and Law Prep Tutorial, among others.
- Headquarter Mumbai, India
- Stage Public
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Sectors
Education
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Mt Educare Ltd
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Annual Revenue
$5.88 M (USD)6.39as on Mar 31, 2024
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Net Profit
$-3.62 M (USD)-12.08as on Mar 31, 2024
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EBITDA
$-146.26 K (USD)80.54as on Mar 31, 2024
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Total Equity Funding
$12 M (USD)
in 4 rounds
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Latest Funding Round
$17.11 M (USD), Debt – Conventional
May 03, 2017
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Investors
Avendus
& 4 more
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Employee Count
Employee Count
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Acquired by
Zee Learn
(Feb 15, 2018)
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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.
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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 Total Funding
- Total Rounds 4
- Last Round Debt – Conventional — $17.1M
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First Round
First Round
(29 Aug 2007)
- Investors Count 4
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May, 2017 | Amount | Debt – Conventional - MT Educare | Valuation |
investors |
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| May, 2014 | Amount | Post-IPO - MT Educare | Valuation |
investors |
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| Aug, 2013 | Amount | Post-IPO - MT Educare | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Global private equity investments are managed by The Xander Group.
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Founded Year | Domain | Location | |
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Private equity firm focused on acquisitions
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Founded Year | Domain | Location | |
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Long-term value is created through diversified sovereign wealth investments.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by MT Educare
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - MT Educare
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Mt Educare Comparisons
Competitors of MT Educare
MT Educare 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 Veranda Learning, Career Launcher, CLEducate, T.I.M.E. (Triumphant Institute of Management Education) and Law Prep Tutorial, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Government exam preparation is provided through centers and online courses.
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| domain | founded_year | HQ Location |
Entrance exam preparation programs are offered through education centers.
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| domain | founded_year | HQ Location |
K-12 education, vocational training and test prep provider
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| domain | founded_year | HQ Location |
Entrance exam preparation is provided for graduate and postgraduate levels.
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| domain | founded_year | HQ Location |
Coaching for undergraduate law entrance exams is offered.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Mt Educare
Frequently Asked Questions about MT Educare
When was MT Educare founded?
MT Educare was founded in 1988 and raised its 1st funding round 19 years after it was founded.
Where is MT Educare located?
MT Educare is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Is MT Educare a funded company?
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 Post-IPO of $768.47K, raised on Aug 29, 2007.
What is the annual revenue of MT Educare?
Annual revenue of MT Educare is $5.88M as on Mar 31, 2024.
What does MT Educare do?
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.
Who are the top competitors of MT Educare?
MT Educare's top competitors include Veranda Learning, Career Launcher and CLEducate.
Is MT Educare publicly traded?
Yes, MT Educare is publicly traded on NSE under the ticker symbol MTEDUCARE.
Who are MT Educare's investors?
MT Educare has 5 investors. Key investors include Avendus, Zee Learn, Helix Investments, The Xander Group, and Abu Dhabi Investment Authority.
What is MT Educare's ticker symbol?
The ticker symbol of MT Educare is MTEDUCARE on NSE.
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