About NEETPrep
NEETPrep is a company based in Delhi (India) founded in 2016 by Kapil Gupta, Jay Prakash, and Ghanshyam Tiwari. It operates as a Subscription Services, and EduTech. NEETPrep has raised $555.62 thousand across 3 funding rounds from investors including India Quotient, Tracxn Labs and White Unicorn Ventures. The company has 41 employees as of April 07, 2024. NEETPrep offers products and services including NEET Preparation Courses, Test Series, and MCQ Practice Resources. NEETPrep operates in a competitive market with competitors including BoardVitals, ZinEdu, Xylem Learning, Genius Teacher and SmarTeach, among others.
- Headquarter Delhi, India
- Employees 41 as on 07 Apr, 2024
- Founders Kapil Gupta, Jay Prakash, Ghanshyam Tiwari
- Stage Minicorn
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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
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- Legal Name Gooded Technologies Private Limited
- Date of Incorporation 20 Aug, 2015
- Jurisdiction New Delhi, Delhi, India
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Annual Revenue
$951.36 K (USD)17.59as on Mar 31, 2023
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Net Profit
$-137.09 K (USD)-17.66as on Mar 31, 2023
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EBITDA
$-62.9 K (USD)21.42as on Mar 31, 2023
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Total Equity Funding
$555.62 K (USD)
in 3 rounds
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Latest Funding Round
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Investors
India Quotient
& 43 more
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Employee Count
41
as on Apr 07, 2024
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Products & Services of NEETPrep
NEETPrep offers a comprehensive portfolio of products and services, including NEET Preparation Courses, Test Series, and MCQ Practice Resources. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Courses for NEET preparation with video lectures provided.
Test series for NEET aspirants are offered online.
MCQ practice resources for NEET students are available.
Funding Insights of NEETPrep
NEETPrep has successfully raised a total of $555.62K across 3 strategic funding rounds. 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 3
- Last Round Last Round
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First Round
First Round
(07 May 2016)
- Investors Count 44
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Feb, 2020 | Amount | Series A - NEETPrep | Valuation | India Quotient |
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| May, 2018 | Amount | Seed - NEETPrep | Valuation | Flora Hospitality | |
| May, 2016 | Amount | Seed - NEETPrep | Valuation | Sujeet Kumar |
| 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 NEETPrep
NEETPrep has secured backing from 44 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include India Quotient, Tracxn Labs and White Unicorn Ventures. 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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Investment in Indian startups across technology and fintech sectors.
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Founded Year | Domain | Location | |
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Online slot gaming with pulsa deposits in Indonesia.
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Founded Year | Domain | Location | |
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Early-stage investment and support for technology companies.
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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 NEETPrep
| 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 - NEETPrep
| 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 |
Neetprep Comparisons
Competitors of NEETPrep
NEETPrep 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 BoardVitals, ZinEdu, Xylem Learning, Genius Teacher and SmarTeach, 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 |
Physicians are prepared for certification exams via online tools.
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| domain | founded_year | HQ Location |
Offers comprehensive educational programs for undergraduate exam preparation.
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| domain | founded_year | HQ Location |
Personalized online tutoring for entrance exams is offered.
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| domain | founded_year | HQ Location |
Exam preparation resources are delivered via a mobile platform.
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| domain | founded_year | HQ Location |
An e-learning platform focused on medical education
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| domain | founded_year | HQ Location |
Online courses for high school and undergraduate students are offered.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| 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 Neetprep
Frequently Asked Questions about NEETPrep
When was NEETPrep founded?
NEETPrep was founded in 2016.
Where is NEETPrep located?
NEETPrep is headquartered in Delhi, India. It is registered at Delhi, Delhi, India.
Who is the current CEO of NEETPrep?
Kapil Gupta is the current CEO of NEETPrep. They have also founded this company.
Is NEETPrep a funded company?
NEETPrep is a funded company, having raised a total of $555.62K across 3 funding rounds to date. The company's 1st funding round was a Seed of $491.32K, raised on May 07, 2016.
How many employees does NEETPrep have?
As of Apr 07, 2024, the latest employee count at NEETPrep is 41.
What is the annual revenue of NEETPrep?
Annual revenue of NEETPrep is $951.36K as on Mar 31, 2023.
What does NEETPrep do?
An online platform for NEET exam preparation is offered by NEETPrep. Services include preparation courses, test series, and MCQ practice resources for students targeting medical entrance exams in India. Various educational tools such as video lectures, flashcards, and mindmaps are made available. The platform caters to students preparing for NEET 2026 and 2027, focusing on subjects like biology, chemistry, and physics. Support through doubt resolution and counseling sessions is also provided to enhance learning outcomes.
Who are the top competitors of NEETPrep?
NEETPrep's top competitors include ZinEdu, Xylem Learning and BoardVitals.
What products or services does NEETPrep offer?
NEETPrep offers NEET Preparation Courses, Test Series, and MCQ Practice Resources.
Who are NEETPrep's investors?
NEETPrep has 44 investors. Key investors include India Quotient, Tracxn Labs, White Unicorn Ventures, Flora Hospitality, and Ranjitha Sasilekha.
What is NEETPrep's valuation?
The valuation of NEETPrep is $2.67M as of May 2018.