About NeoStencil
NeoStencil is an Education company based in Gurugram (India) founded in 2014, and was acquired by Unacademy in December 2020. It operates as a government exam preparation solutions are offered via an online platform. NeoStencil has raised $1.06 million across 2 funding rounds from investors including Unacademy, 91Springboard and Brand Capital. The company has 27 employees. NeoStencil has completed 1 acquisition, including Test Cafe. Its Indian entity Neostencil India Private Limited reported revenue of ₹7.98 Cr. Its focus areas include EdTech, Test Preparation Tech, Digital Learning and Government Services. Its competitors include Unacademy, BYJU'S, Toppr, Toprankers and Study IQ and 3 more; 7 of its 8 listed competitors have raised funding.
Company details
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.
- Headquarters Gurugram, India
- Employees 27
- Stage Acquired
- SectorsEducation
- Email••••••••
- Phone•••• ••••
- Website neostencil.com
- Social LinkedIn X Facebook
- Acquired by Unacademy (Dec 2020)
- Legal Name Neostencil India Private Limited
- Date of Incorporation 29 Dec, 2014
- Jurisdiction New Delhi, Delhi, India
- Annual Revenue₹7.98 Cr
FY 2021 · +20% YoY
- Net Profit₹52.6 Lakh
FY 2021 · 7% margin
- EBITDA₹72.8 Lakh
FY 2021 · 9% margin
- Total Equity Funding$1.06M (USD)
in 2 rounds
- Latest Funding Round$1M (USD), Series A
Jan 2017
- InvestorsUnacademy
& 5 more
- Employee Count27
- Investments & Acquisitions
- Acquired byUnacademy
(Dec 2020)
Associated legal entities of NeoStencil
NeoStencil operates through Neostencil India Private Limited (strike off). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2021) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Neostencil India Private Limited CIN U72900DL2014FTC274713 | Strike Off | 29 Dec 2014 | New Delhi, Delhi | ₹8.0 Cr | 27 | 2 | View details |
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.
- Total Funding $1.06M
- Total Rounds 2
- Last Round Series A — $1M
- First Round $60,000
(May 2015)
- Investors Count 5
All 2 funding rounds of NeoStencil with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan 2017 | $1M | Series A | – | Brand Capital, 91Springboard | |
| May 2015 | $60,000 | Seed | – | Paragon Trust Company | – |
6 investors in total: 4 institutional and 2 angel.
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 |
|---|---|---|---|---|
Investments in early-stage startups are made by Brand Capital. | – | brandcapital.co.in | Mumbai, India | |
Operator of shared workspaces, private offices, and virtual office solutions | 2012 | 91springboard.com | Mumbai, India | |
Provider of tax and financial services | – | paragontrust.com | New Haven, United States | |
Online educational resources and courses for exam preparation are provided. | 2015 | unacademy.com | Bengaluru, India | |
PS Praveen Sinha | Co-founder of Jabong, active angel investor in Indian startups | – | unknown_ff76b840bc6b4efc8 | - |
HM Hiro Mashita | - | – | unknown_288a67842ef649cba | - |
Investor details for NeoStencil
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Board of directors of Neostencil India Private Limited (NeoStencil)
Neostencil India Private Limited is the primary company behind NeoStencil. The board of Neostencil India Private Limited currently have 2 directors; the longest-serving is Kush Kumar Beejal, appointed in 2014.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Kush Kumar Beejal DIN 07017305 | Director | 29 Dec 2014 | 11 yrs 9 mo | Neostencil India Private Limited |
| Love Kumar Beejal DIN 07017297 | Director | 29 Dec 2014 | 11 yrs 9 mo | Neostencil India Private Limited |
Financials of NeoStencil
Figures of Neostencil India Private Limited, the primary company behind NeoStencil, for FY 2021. Revenue was ₹7.98 Cr (+20% year on year). Net profit was ₹52.6 Lakh (7% margin). EBITDA was ₹72.8 Lakh (9% margin). Revenue has grown at a compounded annual rate of +6% over three years and +58% over five years.
- ₹7.98 CrRevenue · FY 2021 · +20% YoY
- ₹52.6 LakhNet profit · 7% margin
- ₹72.8 LakhEBITDA · 9% margin
- ₹1.1 LakhPaid-up capital
- 27Employees (provident fund records)
- +6%Revenue CAGR, 3 years
- +58%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Neostencil India Private Limited are on its company page.
Detailed financial statements for NeoStencil
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Investments & Acquisitions by NeoStencil
NeoStencil has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Test Cafe.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Online test preparation is offered via practice tests and reports. | testcafe.co | Noida, India | 2016 | Sep 2017 | •••• |
Complete acquisition details for NeoStencil
Acquired stakes, deal sources and the complete acquisition history require an active premium plan.
- Acquired stakes
- Deal sources
- Complete history
- Exports
Verified entity values are shown only after access is granted.
Timeline of NeoStencil
Competitors of NeoStencil
NeoStencil has 8 listed competitors in our database, 7 of them funded. They include Unacademy, BYJU'S, Toppr, Toprankers and Study IQ, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| unacademy.com | 2015 | Bengaluru, India | $880.17M | 1,894 | Online educational resources and courses for exam preparation are provided. | |
| byjus.com | 2011 | Bengaluru, India | $4.6B | 3 | Online learning programs for K-12 education are delivered. | |
| toppr.com | 2013 | Mumbai, India | $116.06M | – | Mobile and SaaS-based platform providing e-learning and test preparation platform for students | |
| toprankers.com | 2016 | Bhopal, India | $4.67M | 269 | Edtech organization that provides career discovery and preparation solutions to high school students | |
| studyiq.com | 2016 | Delhi, India | – | 207 | Self-paced courses are offered for competitive exam preparation. | |
| exampur.com | 2018 | Ghaziabad, India | $75,468 | 44 | Government exam preparation is offered through a mobile platform. | |
| fenbi.com | 2012 | Beijing, China | $391.5M | – | Preparation for various exams is enabled by Fenbi's mobile application. | |
| builtbyhlt.com | 2012 | Iowa, United States | $20.26M | 10 | Mobile apps for exam preparation in various fields are provided. |
Detailed competitors of NeoStencil
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Top companies in Test Preparation Platforms
10 companies that operate in the same segment as NeoStencil (Test Preparation Platforms), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Online educational resources and test preparation for exams are provided. | 2016 | Noida, Uttar Pradesh, India | USD 275 M | USD 415.66 M | 15,046 | |
An online platform for competitive exam preparation is provided. | 2016 | Gurugram, Haryana, India | USD 64.98 M | USD 15.59 M | – | |
Mobile and cloud-based resources for medical exams are delivered. | 2012 | Berlin, Berlin, Germany | USD 291.94 M | – | – | |
Mobile and SaaS-based platform providing e-learning and test preparation platform for students | 2013 | Mumbai, Maharashtra, India | USD 116.06 M | USD 12.77 M | – | |
Live interactive K-12 tutoring platform is provided online. | 2011 | Bengaluru, Karnataka, India | USD 341 M | USD 23.27 M | 972 | |
On-demand one-to-one tutoring is connected between students and tutors. | 2020 | Lewes, Delaware, United States | USD 23.26 M | USD 772.99 K | 126 | |
AI-based IT solutions for instructors are provided by Riiid. | 2014 | Mountain View, California, United States | USD 247.26 M | – | – | |
Testbook is recognized as a leading platform for government exam preparation in India. | 2014 | Gurugram, Haryana, India | USD 13.85 M | USD 3.34 M | 861 | |
Digital educational content and learning platform for students is provided. | 2019 | Dhaka, Bangladesh | USD 6.2 M | – | – | |
Live online tutoring and test prep platform is operated. | 2007 | St. Louis, Missouri, United States | USD 107 M | – | – |
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Related news about Neostencil
Complete news archive for NeoStencil
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
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. The company's 1st funding round was a Seed of $60K, raised on May 2015.
NeoStencil has 27 employees.
The primary company behind NeoStencil, Neostencil India Private Limited, reported revenue of ₹7.98 Cr for FY 2021, up 20% year on year.
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.
NeoStencil operates through Neostencil India Private Limited.
Yes. NeoStencil was acquired by Unacademy in December 2020.
The legal entities of NeoStencil currently have 2 directors, including Kush Kumar Beejal, Love Kumar Beejal.