About NexConnect
NexConnect is an Education company based in Kolkata (India) founded in 2017 by Somprakash Bandyopadhyay. Provider of online live teaching-learning platform. Its Indian entity Nexconnect Ventures Private Limited reported revenue of ₹2.1 Lakh. Its focus areas include EdTech, Continued Learning, Vocational and Multi Disciplinary. Its competitors include Vedantu and Oda Class; 2 of its 2 listed competitors have raised funding.
Company details
NexConnect Ventures was founded in 2017 in Kolkata, India, as an educational technology company. Learning solutions are provided for urban and rural areas through NexConnect Education, an online live teaching-learning platform designed for K-12 students and adult learners. Additionally, NexConnect NCoRe is operated as a community-driven social engagement platform to support educational interactions.
- Headquarters Kolkata, India
- Founders Somprakash Bandyopadhyay
- SectorsEducation
- Email••••••••
- Phone•••• ••••
- Website nexconnectventures.com
- Social Facebook
- Legal Name Nexconnect Ventures Private Limited
- Date of Incorporation 17 Feb, 2017
- Jurisdiction Kolkata, West Bengal, India
- Annual Revenue₹2.1 Lakh
FY 2022 · -56% YoY
- Net Loss-₹72,657
FY 2022 · -35% margin
- EBITDA-₹56,139
FY 2022 · -27% margin
Associated legal entities of NexConnect
NexConnect operates through Nexconnect Ventures Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2022) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Nexconnect Ventures Private Limited CIN U74999WB2017PTC219507 | Active | 17 Feb 2017 | Kolkata, West Bengal | ₹0.0 Cr | 3 | View details |
Board of directors of Nexconnect Ventures Private Limited (NexConnect)
Nexconnect Ventures Private Limited is the primary company behind NexConnect. The board of Nexconnect Ventures Private Limited currently have 3 directors; the longest-serving is Jayanta Basak, appointed in 2017. 1 earlier director has ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Jayanta Basak DIN 07711408 | Director | 17 Feb 2017 | 9 yrs 8 mo | Nexconnect Ventures Private Limited |
| Arina Bardhan DIN 07657269 | Director | 17 Feb 2017 | 9 yrs 8 mo | Nexconnect Ventures Private Limited |
| Priyadarshini Dey DIN 07657273 | Director | 17 Feb 2017 | 9 yrs 8 mo | Nexconnect Ventures Private Limited |
People of NexConnect
1 people are tracked at NexConnect (1 in leadership).
| Name | Role | Group |
|---|---|---|
Somprakash Bandyopadhyay | Co-Founder | Leadership |
Complete people profiles for NexConnect
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
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Verified entity values are shown only after access is granted.
Financials of NexConnect
Figures of Nexconnect Ventures Private Limited, the primary company behind NexConnect, for FY 2022. Revenue was ₹2.1 Lakh (-56% year on year). Net loss was -₹72,657 (-35% margin). EBITDA was -₹56,139 (-27% margin). Revenue has grown at a compounded annual rate of -23% over three years.
- ₹2.1 LakhRevenue · FY 2022 · -56% YoY
- -₹72,657Net loss · -35% margin
- -₹56,139EBITDA · -27% margin
- ₹10,710Paid-up capital
- -23%Revenue CAGR, 3 years
Balance sheet, profit and loss, cash flow and ratios of Nexconnect Ventures Private Limited are on its company page.
Detailed financial statements for NexConnect
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.
Competitors of NexConnect
NexConnect has 2 listed competitors in our database, 2 of them funded. They include Vedantu and Oda Class.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| vedantu.com | 2011 | Bengaluru, India | $341M | 1,172 | Live interactive K-12 tutoring platform is provided online. | |
| odaclass.com | 2017 | Bengaluru, India | $12.75M | 577 | Online tutoring platform for k-12 students |
Detailed competitors of NexConnect
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 Corporate & Professional Learning Platforms
2 companies that operate in the same segment as NexConnect (Corporate & Professional Learning Platforms) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Professional certification training courses are provided via an online platform. | 2015 | Mumbai, Maharashtra, India | USD 371.77 M | USD 208.24 M | 6,673 | |
Vernacular-based hyperlocal platform for online programming mentoring is developed. | 2014 | Chennai, Tamil Nadu, India | USD 3.9 M | USD 4.13 M | 496 |
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Frequently Asked Questions about NexConnect
NexConnect was founded in 2017.
NexConnect is headquartered in Kolkata, India. It is registered at Kolkata, West Bengal, India.
The primary company behind NexConnect, Nexconnect Ventures Private Limited, reported revenue of ₹2.1 Lakh for FY 2022, down 56% year on year.
NexConnect Ventures was founded in 2017 in Kolkata, India, as an educational technology company. Learning solutions are provided for urban and rural areas through NexConnect Education, an online live teaching-learning platform designed for K-12 students and adult learners. Additionally, NexConnect NCoRe is operated as a community-driven social engagement platform to support educational interactions.
NexConnect operates through Nexconnect Ventures Private Limited.
The legal entities of NexConnect currently have 3 directors, including Jayanta Basak, Arina Bardhan, Priyadarshini Dey.