myPAL

Bengaluru, India Founded: 2019 • Age: 7 yrs
Comprehensive learning and academic management platforms are provided for education.
Annual revenue $58,217 Latest available
Total funding $199,229 2 rounds
Employees - Tracked headcount
Investors 26 Known backers
Products - Services tracked
Competitors 9 Brand Intelligence

About myPAL

myPAL is a company based in Bengaluru (India) founded in 2019 by Vinay Murudi, Shivaprasad Hiremath, and Uday M P. myPAL has raised $199.23 thousand across 2 funding rounds from investors including Prashant Reddy, Deepti Patil and Raimohan S Lagali. myPAL operates in a competitive market with competitors including Vedantu, 7 Classes, Testive, Sankalp Bharat and AhaGuru, among others.

  • Headquarter Bengaluru, India
  • Founders Vinay Murudi, Shivaprasad Hiremath, Uday M P
  • Stage Minicorn
  • Sectors
    Education
  • Email
    Locked
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Arivu Learning Private Limited
  • Date of Incorporation 20 Nov, 2019
  • Jurisdiction Bangalore, Karnataka, India
Operational Areas
Education → Education Technology (EdTech) Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $58.22 K (USD)
    -73.57
    as on Mar 31, 2023
  • Net Profit
    -$161.44 K (USD)
    -974.94
    as on Mar 31, 2023
  • EBITDA
    -$145.4 K (USD)
    -542.42
    as on Mar 31, 2023
  • Total Equity Funding
    $199.23 K (USD)

    in 2 rounds

  • Latest Funding Round
    $80.23 K (USD), Angel Round

    May 24, 2021

  • Investors

    & 25 more

  • Employee Count
    Not available
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Funding Insights of myPAL

myPAL has successfully raised a total of $199.23K across 2 strategic funding rounds. The most recent funding activity was a Angel Round of $80.23 thousand completed in May 2021. 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.

Investors in myPAL

myPAL has secured backing from 26 investors, including angel investors. Prominent investors backing the company include Prashant Reddy, Deepti Patil and Raimohan S Lagali.

All
Angel
Investor Description Founded Year Domain Location

Prashant Reddy

-
Locked Locked Locked

Deepti Patil

-
Locked Locked Locked

Raimohan S Lagali

-
Locked Locked Locked
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Investor details for myPAL

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  • Investor domains
  • Investor locations
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Investments & Acquisitions by myPAL

Investments
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Investment portfolio details for myPAL

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  • Transaction dates
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Financial Statements - myPAL

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Detailed financials for myPAL

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Mypal Comparisons

myPAL Primary company
Description
Comprehensive learning and academic management platforms are...
Location
Bengaluru, India
Founded Year
2019
Annual Revenue
$58.22 K (USD)
Net Profit
-$161.44 K (USD)
EBITDA
-$145.4 K (USD)
Employees
Not available
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Peer comparison for myPAL

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Competitors of myPAL

myPAL 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 Vedantu, 7 Classes, Testive, Sankalp Bharat and AhaGuru, among others.

Company Name Domain Founded year HQ Location Description
Locked Locked Locked
Live interactive K-12 tutoring platform is provided online.
Locked Locked Locked
Platform offering solutions for preparing for competitive exams
Locked Locked Locked
Personalized test preparation for ACT and SAT exams is provided.
Locked Locked Locked
Provides an app-based platform for JEE and NEET exam preparation and learning solutions.
Locked Locked Locked
Online courses for engineering and medical entrance exams are provided.
Locked Locked Locked
Online platform providing video content on career selection and admission counseling
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Detailed competitors of myPAL

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  • Domains and locations
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Latest news on Mypal

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Complete news archive for myPAL

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Frequently Asked Questions about myPAL

myPAL was founded in 2019 and raised its 1st funding round 1 year after it was founded.

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

myPAL is a funded company, having raised a total of $199.23K across 2 funding rounds to date.

Annual revenue of myPAL is $58.22K as on Mar 31, 2023.

myPAL was founded in 2019 in Bengaluru, India, within the education technology sector. A range of products including myPAL Learning, myPAL Assessment, myPAL Live, and myPAL Custom Solution is offered to support personalized coaching, student learning, and teacher assistance. Operations focus on academic management solutions, with clients such as Reva Independent PU College, Lingayat Education Society, and NITTE Education Trust served across India.

myPAL's top competitors include Vedantu, 7 Classes and AhaGuru.

myPAL has 26 investors. Key investors include Prashant Reddy, Deepti Patil, Raimohan S Lagali, Shivanand Lagama, and Savitri Y Hallikeri.

The valuation of myPAL is $3.02M as of May 2021.

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