About Peerup
Peerup is a company based in Bengaluru (India) founded in 2023 by Vaibhav Kaul and Akshit Aggarwal.. Peerup offers products and services including Peerup App. Peerup operates in a competitive market with competitors including ELSA Speak, Blue Canoe, Stimuler, Speakometer and Eida, among others.
- Headquarter Bengaluru, India
- Founders Vaibhav Kaul, Akshit Aggarwal
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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 Peerup Learning Private Limited
- Date of Incorporation 03 Jan, 2024
- Jurisdiction Sector -45, Haryana, India
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
- Investors
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Employee Count
Employee Count
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Products & Services of Peerup
Peerup offers a comprehensive portfolio of products and services, including Peerup App. 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.
Mobile app for English speaking practice with co-learners and AI feedback.
Funding Insights of Peerup
- Total Funding Total Funding
- Total Rounds 1
- Last Round Last Round
- First Round First Round
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2024 | Amount | Seed - Peerup | Valuation | Deshpande Startups |
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| 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 |
Investors in Peerup
Peerup has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Deshpande Startups. 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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Supporting startups through incubation, funding, and innovation services in India.
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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 Peerup
| 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 - Peerup
| 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 |
Peerup Comparisons
Competitors of Peerup
Peerup 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 ELSA Speak, Blue Canoe, Stimuler, Speakometer and Eida, 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 |
Developer of an application providing English language pronunciation and fluency training
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| domain | founded_year | HQ Location |
Provider of an app-based platform to improve pronunciation and business communication
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| domain | founded_year | HQ Location |
An AI-powered platform for English speaking practice is developed.
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| domain | founded_year | HQ Location |
AI-powered app for English pronunciation training and accent improvement on smartphones.
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| domain | founded_year | HQ Location |
Provides a mobile platform for multiple language learning solutions.
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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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Frequently Asked Questions about Peerup
When was Peerup founded?
Peerup was founded in 2023 and raised its 1st funding round 1 year after it was founded.
Where is Peerup located?
Peerup is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
What does Peerup do?
Peerup was founded in 2023 in Bengaluru, India, as an EdTech platform focused on language learning. English speaking skills are developed via peer-to-peer conversations, AI-driven feedback mechanisms, and personalized learning tools. Operations are centered on online accessibility, with the domain peerup.co.in serving users seeking conversational practice. Co-founders Vaibhav Kaul and Akshit Aggarwal lead the initiative in the Indian market.
Who are the top competitors of Peerup?
Peerup's top competitors include ELSA Speak, Stimuler and Blue Canoe.
What products or services does Peerup offer?
Peerup offers Peerup App.
Who are Peerup's investors?
Peerup has 1 investor. Key investors include Deshpande Startups.