MT Educare

Mumbai, India Founded: 1988 • Age: 38 yrs Acquired By Zee Learn
Chain of coaching institutes and PU colleges
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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
  • Sectors
    Education
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Mt Educare Ltd
Operational Areas
Education → Specialized & Vocational Education
Education → Higher & Professional Education
Key Metrics
  • Annual Revenue
    $5.88 M (USD)
    6.39
    as on Mar 31, 2024
  • Net Profit
    $-3.62 M (USD)
    -12.08
    as on Mar 31, 2024
  • EBITDA
    $-146.26 K (USD)
    80.54
    as on Mar 31, 2024
  • Total Equity Funding
    $12 M (USD)

    in 4 rounds

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

    May 03, 2017

  • Investors
    Avendus

    & 4 more

  • Employee Count
    Employee Count
  • 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.

Exchange: NSE · Ticker: MTEDUCARE . Sector: Consumer services · India
People of MT Educare
Headcount 1000-5000
Employee Profiles 4
Board Members and Advisors 5
Employee Profiles
People
Ravindra Mishra
Company Secretary & Compliance Officer
People
Sanjeev Garg
CEO
People
Dr. Pramod Singh
Senior Content Developer At MT Educare

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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 Rounds 4
  • Last Round Debt – Conventional — $17.1M
  • 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

May, 2014 Amount Post-IPO - MT Educare Valuation

investors

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

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

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.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Global private equity investments are managed by The Xander Group.
Founded Year Domain Location
Private equity firm focused on acquisitions
Founded Year Domain Location
Long-term value is created through diversified sovereign wealth investments.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by MT Educare

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - MT Educare

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Mt Educare Comparisons

Employees
+
Add Comparison
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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.
domain founded_year HQ Location
Entrance exam preparation programs are offered through education centers.
domain founded_year HQ Location
K-12 education, vocational training and test prep provider
domain founded_year HQ Location
Entrance exam preparation is provided for graduate and postgraduate levels.
domain founded_year HQ Location
Coaching for undergraduate law entrance exams is offered.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

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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