About Novatr
Novatr is a company based in Gurugram (India) founded in 2019 by Chaithanya Murali, Mehul Kumar, Vipanchi Handa, and Harkunwar Singh.. Novatr has raised $1.33 million across 2 funding rounds from investors including Y Combinator, Powerhouse Ventures and Soma Capital. The company has 180 employees as of April 09, 2024. Novatr offers products and services including PGP in Building Information Modelling for Architects, PGP in Parametric Design for Architects, and PGP in Building Information Modelling for Civil Engineers. Novatr operates in a competitive market with competitors including ThinkParametric, Pixi Creative Education, Built Intelligence, Alien Think and Everblue, among others.
- Headquarter Gurugram, India
- Employees 180 as on 09 Apr, 2024
- Founders Chaithanya Murali, Mehul Kumar, Vipanchi Handa, Harkunwar Singh
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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 Oneistox India Private Limited
- Date of Incorporation 14 Jul, 2021
- Jurisdiction Delhi, Delhi, India
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Annual Revenue
$1.6 M (USD)11314.26as on Mar 31, 2023
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Net Profit
$-125.34 K (USD)-1089.57as on Mar 31, 2023
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EBITDA
$-94.52 K (USD)-807.41as on Mar 31, 2023
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Total Equity Funding
$1.33 M (USD)
in 2 rounds
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Latest Funding Round
$1.2 M (USD), Seed
Apr 12, 2023
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Investors
Y Combinator
& 4 more
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Employee Count
180
as on Apr 09, 2024
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Products & Services of Novatr
Novatr offers a comprehensive portfolio of products and services, including PGP in Building Information Modelling for Architects, PGP in Parametric Design for Architects, and PGP in Building Information Modelling for Civil Engineers. 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.
Certification program for BIM skills in architecture.
Training in parametric tools for design professionals.
Course on BIM applications for civil engineering projects.
Funding Insights of Novatr
Novatr has successfully raised a total of $1.33M across 2 strategic funding rounds. The most recent funding activity was a Seed round of $1.2 million completed in April 2023. 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 2
- Last Round Seed — $1.2M
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First Round
First Round
(01 Sep 2021)
- Investors Count 5
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr, 2023 | Amount | Seed - Novatr | Valuation | Y Combinator , Powerhouse Ventures | |
| Sep, 2021 | Amount | Seed - Novatr | Valuation | Y Combinator , Powerhouse Ventures |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 Novatr
Novatr has secured backing from 5 investors, including venture fund and angel investors. Prominent investors backing the company include Y Combinator, Powerhouse Ventures and Soma Capital. 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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Early-stage startups are accelerated via funding and educational programs.
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Founded Year | Domain | Location | |
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Venture capital firm focused on early-stage investments
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Founded Year | Domain | Location | |
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Early-stage investments are provided by Soma Capital to startups.
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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 Novatr
| 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 - Novatr
| 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 |
Novatr Comparisons
Competitors of Novatr
Novatr 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 ThinkParametric, Pixi Creative Education, Built Intelligence, Alien Think and Everblue, 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 |
Online architecture technology training courses are offered.
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| domain | founded_year | HQ Location |
Delivers courses and activities on design thinking, construction technology, and IT.
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| domain | founded_year | HQ Location |
Online training and support tools for construction professionals are offered.
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| domain | founded_year | HQ Location |
An online platform offering specialized courses for architects.
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| domain | founded_year | HQ Location |
Sustainability training and certification for construction professionals are provided.
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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 Novatr
Frequently Asked Questions about Novatr
When was Novatr founded?
Novatr was founded in 2019 and raised its 1st funding round 2 years after it was founded.
Where is Novatr located?
Novatr is headquartered in Gurugram, India. It is registered at Gurugram, Haryana, India.
Who is the current CEO of Novatr?
Harkunwar Singh is the current CEO of Novatr. They have also founded this company.
Is Novatr a funded company?
Novatr is a funded company, having raised a total of $1.33M across 2 funding rounds to date. The company's 1st funding round was a Seed of $125K, raised on Sep 01, 2021.
How many employees does Novatr have?
As of Apr 09, 2024, the latest employee count at Novatr is 180.
What is the annual revenue of Novatr?
Annual revenue of Novatr is $1.6M as on Mar 31, 2023.
What does Novatr do?
Founded in 2019 and based in Gurugram, India, Novatr operates in the education technology sector. Online certification programs are offered to architects, civil engineers, and designers, focusing on industry-relevant skills through cohort-based learning. Courses cover topics such as BIM for professionals and computational design, enabling participants to acquire practical expertise in these fields.
Who are the top competitors of Novatr?
Novatr's top competitors include Everblue, Built Intelligence and ThinkParametric.
What products or services does Novatr offer?
Novatr offers PGP in Building Information Modelling for Architects, PGP in Parametric Design for Architects, and PGP in Building Information Modelling for Civil Engineers.
Who are Novatr's investors?
Novatr has 5 investors. Key investors include Y Combinator, Powerhouse Ventures, Soma Capital, Amit Ranjan, and Deepak Menon.