About NeoStencil
NeoStencil is a company based in Gurugram (India) founded in 2014 was acquired by Unacademy in December 2020. NeoStencil has raised $1.06 million across 2 funding rounds from investors including Unacademy, 91Springboard and Brand Capital. The company has 27 employees as of April 10, 2024. NeoStencil has completed 1 acquisition, including Test Cafe. NeoStencil operates in a competitive market with competitors including Unacademy, BYJU'S, Toppr, Toprankers and Study IQ, among others.
- Headquarter Gurugram, India
- Employees 27 as on 10 Apr, 2024
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Sectors
Education
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Email
Locked
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Phone
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Website
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Social
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- Legal Name Neostencil India Private Limited
- Date of Incorporation 29 Dec, 2014
- Jurisdiction New Delhi, Delhi, India
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Annual Revenue
$1.07 M (USD)19.58as on Mar 31, 2021
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Net Profit
$70.68 K (USD)133.34as on Mar 31, 2021
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EBITDA
$97.89 K (USD)145.89as on Mar 31, 2021
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Total Equity Funding
$1.06 M (USD)
in 2 rounds
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Latest Funding Round
$1 M (USD), Series A
Jan 01, 2017
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Investors
Unacademy
& 5 more
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Employee Count
27
as on Apr 10, 2024
- Investments & Acquisitions
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Acquired by
Unacademy
(Dec 30, 2020)
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Funding Insights of NeoStencil
NeoStencil has successfully raised a total of $1.06M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $1 million completed in January 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.
Investors in NeoStencil
NeoStencil has secured backing from 6 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Unacademy, 91Springboard and Brand Capital.
| Investor | Description | Founded Year | Domain | Location |
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Investments in early-stage startups are made by Brand Capital.
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Operator of shared workspaces, private offices, and virtual office solutions
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Provider of tax and financial services
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Investor details for NeoStencil
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Investments & Acquisitions by NeoStencil
NeoStencil has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Test Cafe.
Investment portfolio details for NeoStencil
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| Company Name | Description | Domain | Location | Founded Year | Amount |
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Online test preparation is offered via practice tests and reports.
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Complete acquisition details for NeoStencil
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Financial Statements - NeoStencil
Detailed financials for NeoStencil
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Neostencil Comparisons
Peer comparison for NeoStencil
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Competitors of NeoStencil
NeoStencil 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 Unacademy, BYJU'S, Toppr, Toprankers and Study IQ, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Online educational resources and courses for exam preparation are provided.
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Online learning programs for K-12 education are delivered.
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Mobile and SaaS-based platform providing e-learning and test preparation platform for students
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Edtech organization that provides career discovery and preparation solutions to high school students
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Self-paced courses are offered for competitive exam preparation.
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Government exam preparation is offered through a mobile platform.
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Detailed competitors of NeoStencil
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Latest news on Neostencil
Complete news archive for NeoStencil
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Frequently Asked Questions about NeoStencil
NeoStencil was founded in 2014 and raised its 1st funding round 1 year after it was founded.
NeoStencil is headquartered in Gurugram, India. It is registered at Gurugram, Haryana, India.
NeoStencil is a funded company, having raised a total of $1.06M across 2 funding rounds to date.
As of Apr 10, 2024, the latest employee count at NeoStencil is 27.
Annual revenue of NeoStencil is $1.07M as on Mar 31, 2021.
NeoStencil was founded in 2014 and is headquartered in Gurugram, India. An online platform is operated in the education technology sector, with a focus on government exam preparation. Recorded lectures are provided, along with regular class tests, doubt clarification through messages and email, and study materials in both online and printed formats. Operations emphasize accessible learning resources for competitive exams.
NeoStencil has made 1 acquisition, including Test Cafe.
NeoStencil has 6 investors. Key investors include Unacademy, 91Springboard, Brand Capital, Paragon Trust Company, and Praveen Sinha.