About NuShala
NuShala was an Education company based in Lucknow (India) founded in 2021. It provides ERP software and solutions tailored for educational institutions. It operates on a B2B model. NuShala has raised $963.17 thousand across 2 funding rounds from investors including Mukesh Bansal, Kunal Shah and Vishesh Srivastava. The company has 19 employees. NuShala was last valued at $4.02 million in December 2021. Its Indian entity Clubdiaries Technologies Private Limited reported revenue of ₹1.1 Lakh. The company is recorded as dissolved. Its focus areas include Technology, Software, ERP Systems and Education Solutions. Its competitors include Next Education and GrayQuest; 2 of its 2 listed competitors have raised funding.
Company details
NuShala, backed by 963167.0 from Mukesh Bansal, Kunal Shah, Vishesh Srivastava, Gaurav Agarwal, Mukesh Singh, Shamik Sharma, QED Innovation Labs, Akash Sureka, focuses on leveraging cutting-edge technology, software, erp systems, and education solutions. Provides ERP software and solutions tailored for educational institutions. Driving innovation, growth, and excellence in its industry sectors.
- Headquarters Lucknow, India
- Employees 19
- Stage Minicorn
- SectorsEducation
- Website nushala.com
- Social Facebook
- Legal Name Clubdiaries Technologies Private Limited
- Date of Incorporation 09 Sep, 2019
- Jurisdiction Lucknow, Uttar Pradesh, India
- Annual Revenue₹1.1 Lakh
FY 2022 · -36% YoY
- Net Loss-₹48.1 Lakh
FY 2022 · -4582% margin
- EBITDA-₹48.3 Lakh
FY 2022 · -4598% margin
- Total Equity Funding$963.17K (USD)
in 2 rounds
- Latest Funding Round$625K (USD), Seed
Dec 2021
- Employee Count19
Associated legal entities of NuShala
NuShala operates through Clubdiaries Technologies 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 |
|---|---|---|---|---|---|---|---|
| Clubdiaries Technologies Private Limited CIN U74999UP2019PTC120960 | Active | 09 Sep 2019 | Lucknow, Uttar Pradesh | ₹0.0 Cr | 19 | 2 | View details |
Funding Insights of NuShala
NuShala has successfully raised a total of $963.17K across 2 strategic funding rounds. The most recent funding activity was a Seed round of $625 thousand completed in December 2021. 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 $963,167
- Total Rounds 2
- Last Round Seed — $625,000
- First Round $338,167
(Nov 2021)
- Investors Count 8
All 2 funding rounds of NuShala 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 |
|---|---|---|---|---|---|
| Dec 2021 | $625,000 | Seed | $4.02M | Mukesh Bansal, Kunal Shah | |
| Nov 2021 | $338,167 | Angel Round | – | Akash Sureka | – |
| Date | Valuation | Stage |
|---|---|---|
| Dec 2021 | $4.02M | •••••••• |
Last known valuation $4.02M (Dec 2021). 8 investors in total: 1 institutional and 7 angel.
Investors in NuShala
NuShala has secured backing from 8 investors, including angel and venture fund investors. Prominent investors backing the company include Mukesh Bansal, Kunal Shah and Vishesh Srivastava.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Venture capital funding is provided to innovative startups in India. | Mumbai, India | |||
MB Mukesh Bansal | Founder of Myntra, Curefit; prominent angel investor in Indian startups | unknown_e663dd4dc1db413bb | ||
KS Kunal Shah | Founder of CRED, serial entrepreneur, and prominent Indian angel investor | unknown_7b1779c4c60046e2b | ||
VS Vishesh Srivastava | Angel investor and entrepreneur, co-founder of Unnati Agri, focused on agritech | unknown_b23b1eba11984284a | ||
GA Gaurav Agarwal | Co-founder of 1mg, active angel investor in Indian startups | unknown_8b83494fe7324909a | ||
MS Mukesh Singh | Angel investor, Senior VP at Zscaler, ex-Microsoft, focused on tech startups | unknown_8d57b21242414b52a | ||
SS Shamik Sharma | unknown_5f7c8579085e46d7a | |||
AS Akash Sureka | Angel investor and entrepreneur, focusing on early-stage Indian startups. | unknown_e5cf99e8a72d46fc8 |
Investor details for NuShala
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
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Board of directors of Clubdiaries Technologies Private Limited (NuShala)
Clubdiaries Technologies Private Limited is the primary company behind NuShala. The board of Clubdiaries Technologies Private Limited currently have 2 directors; the longest-serving is Ratindra Nath Pande, appointed in 2019.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Ratindra Nath Pande DIN 08535960 | Director | 09 Sep 2019 | 7 yrs 2 mo | Clubdiaries Technologies Private Limited |
| Divyam Agrawal DIN 08557272 | Director | 09 Sep 2019 | 7 yrs 2 mo | Clubdiaries Technologies Private Limited |
Financials of NuShala
Figures of Clubdiaries Technologies Private Limited, the primary company behind NuShala, for FY 2022. Revenue was ₹1.1 Lakh (-36% year on year). Net loss was -₹48.1 Lakh (-4582% margin). EBITDA was -₹48.3 Lakh (-4598% margin).
- ₹1.1 LakhRevenue · FY 2022 · -36% YoY
- -₹48.1 LakhNet loss · -4582% margin
- -₹48.3 LakhEBITDA · -4598% margin
- ₹4.9 LakhPaid-up capital
- 19Employees (provident fund records)
Balance sheet, profit and loss, cash flow and ratios of Clubdiaries Technologies Private Limited are on its company page.
Detailed financial statements for NuShala
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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Timeline of NuShala
4 dated milestones of NuShala, from founding to its latest funding, stage changes and deals.
- Founded NuShala is founded.
- Funding First funding round of $338K.
- Funding Latest funding round, Seed, of $625K.
- Milestone Reaches Minicorn status.
Competitors of NuShala
NuShala has 2 listed competitors in our database, 2 of them funded. They include Next Education and GrayQuest.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| nexteducation.in | 2007 | Hyderabad, India | $73.16M | 695 | End-to-end SaaS-based K-12 education solutions are provided. | |
| grayquest.com | 2017 | Mumbai, India | $25.21M | 252 | SaaS-based fee collection platform for educational institutions is offered. |
Detailed competitors of NuShala
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
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Verified entity values are shown only after access is granted.
Top companies in Education Technology Platforms
3 companies that operate in the same segment as NuShala (Education Technology Platforms) in India, 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 | |
AI-powered robots are provided as companions for children. | 2015 | Mumbai, Maharashtra, India | USD 107.78 M | |||
Integrated edtech systems are provided for K-12 schools. | 2012 | Mumbai, Maharashtra, India | USD 172.33 M | USD 45.8 M | 1,140 |
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Related news about Nushala
Complete news archive for NuShala
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Frequently Asked Questions about NuShala
NuShala was founded in 2021.
NuShala is headquartered in Lucknow, India. It is registered at Lucknow, Uttar Pradesh, India.
NuShala is a funded company, having raised a total of $963.17K across 2 funding rounds to date. The company's 1st funding round was a Angel Round of $338.17K, raised on Nov 2021.
NuShala has 19 employees.
The primary company behind NuShala, Clubdiaries Technologies Private Limited, reported revenue of ₹1.1 Lakh for FY 2022, down 36% year on year.
NuShala, backed by 963167.0 from Mukesh Bansal, Kunal Shah, Vishesh Srivastava, Gaurav Agarwal, Mukesh Singh, Shamik Sharma, QED Innovation Labs, Akash Sureka, focuses on leveraging cutting-edge technology, software, erp systems, and education solutions. Provides ERP software and solutions tailored for educational institutions. Driving innovation, growth, and excellence in its industry sectors.
NuShala's top competitors include Next Education and GrayQuest.
NuShala has 8 investors. Key investors include Mukesh Bansal, Kunal Shah, Vishesh Srivastava, Gaurav Agarwal, and Mukesh Singh.
The valuation of NuShala is $4.02M as of Dec 2021.
NuShala operates through Clubdiaries Technologies Private Limited.
The legal entities of NuShala currently have 2 directors, including Ratindra Nath Pande, Divyam Agrawal.