About Practease
Practease is an Education company based in Gurugram (India) founded in 2017. It operates as a provider of schools conduct examinations of all forms, assess results, and build data-based. Practease has raised $18.78 thousand across 1 funding round from investors including Pourav Arora. Practease was last valued at $352.66 thousand in September 2022. Its Indian entity Rapiditas Consultants Private Limited reported revenue of ₹15.5 Lakh. Practease offers products and services including Online Smart Assessment, Personalized Development Plans, and Productivity Tools. Its focus areas include Educational Support Services and Training Services for Teachers. Its competitors include Tinker Labs, Cultre, Career Talks, Qatapultt and A Business Challenge and 2 more.
Company details
Practease was founded in 2017 in Gurugram, India, within the education technology sector. Services are offered to schools for managing examinations in various formats, evaluating student results, and developing data-driven insights. Operations focus on streamlining assessment processes through digital platforms, enabling efficient result analysis and performance tracking across educational institutions in India.
- Headquarters Gurugram, India
- SectorsEducation
- Email••••••••
- Phone•••• ••••
- Website practease.in
- Social LinkedIn X
- Legal Name Rapiditas Consultants Private Limited
- Date of Incorporation 29 Dec, 2017
- Jurisdiction Yamuna Nagar, Haryana, India
- Annual Revenue₹15.5 Lakh
FY 2025 · +34% YoY
- Net Loss-₹41.4 Lakh
FY 2025 · -268% margin
- EBITDA-₹31.8 Lakh
FY 2025 · -206% margin
- Total Equity Funding$18.78K (USD)
in 1 rounds
- Latest Funding Round$18.78K (USD), Angel Round
Sep 2022
Associated legal entities of Practease
Practease operates through Rapiditas Consultants Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Rapiditas Consultants Private Limited CIN U74999HR2017PTC072034 | Active | 29 Dec 2017 | Yamuna Nagar, Haryana | ₹0.2 Cr | – | 2 | View details |
Products & Services of Practease
Practease offers a comprehensive portfolio of products and services, including Online Smart Assessment, Personalized Development Plans, and Productivity Tools.
Tool for conducting exams and delivering data-driven insights for schools
System providing tailored growth plans based on assessment results
Features to enhance teacher focus and student performance metrics
Funding Insights of Practease
Practease has successfully raised a total of $18.78K through 1 strategic funding round. The most recent funding activity was a Angel Round of $18.78 thousand completed in September 2022. 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 $18,784
- Total Rounds 1
- Last Round Angel Round — $18,784
- First Round $18,784
(Sep 2022)
- Investors Count 1
All 1 funding rounds of Practease 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 |
|---|---|---|---|---|---|
| Sep 2022 | $18,784 | Angel Round | $352,661 | Pourav Arora | – |
Last known valuation $352,661 (Sep 2022). 1 investors in total: 0 institutional and 1 angel.
Investors in Practease
Practease has secured backing from 1 investor, including angel investors. Prominent investors backing the company include Pourav Arora.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
PA Pourav Arora | - | – | unknown_b56aae8ed78349fa8 | - |
Investor details for Practease
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 Rapiditas Consultants Private Limited (Practease)
Rapiditas Consultants Private Limited is the primary company behind Practease. The board of Rapiditas Consultants Private Limited currently have 2 directors; the longest-serving is Umesh Prashar, appointed in 2017. 5 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Umesh Prashar DIN 08010918 | Director | 29 Dec 2017 | 8 yrs 9 mo | Rapiditas Consultants Private Limited |
| Pourav Arora DIN 11111216 | Director | 02 Jun 2025 | 1 yr 4 mo | Rapiditas Consultants Private Limited |
Financials of Practease
Figures of Rapiditas Consultants Private Limited, the primary company behind Practease, for FY 2025. Revenue was ₹15.5 Lakh (+34% year on year). Net loss was -₹41.4 Lakh (-268% margin). EBITDA was -₹31.8 Lakh (-206% margin). Revenue has grown at a compounded annual rate of +92% over three years and +115% over five years.
- ₹15.5 LakhRevenue · FY 2025 · +34% YoY
- -₹41.4 LakhNet loss · -268% margin
- -₹31.8 LakhEBITDA · -206% margin
- ₹1.4 LakhPaid-up capital
- +92%Revenue CAGR, 3 years
- +115%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Rapiditas Consultants Private Limited are on its company page.
Detailed financial statements for Practease
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.
Timeline of Practease
2 dated milestones of Practease across 5 years, from founding to its latest funding, stage changes and deals.
- Founded Practease is founded.
- Funding First funding round of $19K.
Competitors of Practease
Practease has 7 listed competitors in our database. They include Tinker Labs, Cultre, Career Talks, Qatapultt and A Business Challenge, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| tinkerlabs.in | 2013 | Mumbai, India | – | – | Design thinking training and consulting services are provided offline. | |
| cultre.in | 2019 | Delhi, India | – | – | Education consulting services are provided by Cultre. | |
| career-talks.in | 2020 | Delhi, India | – | – | Educational consultancy services are provided for career guidance in India. | |
| qatapultt.com | 2016 | Bengaluru, India | – | – | Simple platform for teachers to assess students via hexagonal response cards. | |
| abusinesschallenge.com | 2017 | Bengaluru, India | – | – | Functions as an online education and training institution for business challenges. | |
| igfl-ingegno.com | 2016 | Chennai, India | – | – | Provides technology products designed for educational institutions. | |
| skilltreeconsulting.in | 2024 | Mumbai, India | – | – | Delivers comprehensive educational training services for professionals. |
Detailed competitors of Practease
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 Educational Support & Administration Systems
10 companies that operate in the same segment as Practease (Educational Support & Administration Systems), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Undergraduate and postgraduate programs with research opportunities are provided. | 1862 | Southampton, United Kingdom | – | – | – | |
International education services are provided for students pursuing studies abroad. | 1969 | Melbourne, Victoria, Australia | – | USD 545.02 M | 9,170 | |
Management services to the education sector are provided. | 2014 | Hyderabad, Telangana, India | USD 75 M | USD 285.42 M | 12,084 | |
ETS is recognized for providing global education and talent solutions through research-based assessments. | 1947 | Princeton, New Jersey, United States | – | – | – | |
Tools and resources for teachers are provided by TES. | 1910 | London, England, United Kingdom | – | USD 104.29 M | 138 | |
Education services are provided to schools and institutes. | 2010 | Bengaluru, Karnataka, India | USD 194 M | USD 52.3 M | 701 | |
Higher education degrees are provided through online and campus programs. | 1976 | Phoenix, Arizona, United States | USD 25.9 M | USD 1.01 B | – | |
Educational support services are provided to working adult students. | 1892 | Herndon, Virginia, United States | – | USD 1.27 B | 3,800 | |
Technology and engineering disciplines are advanced through educational initiatives. | 1884 | Piscataway, New Jersey, United States | – | – | – | |
Chemistry-based training programs are provided by the NGO. | 1876 | United States | – | – | 1,858 |
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Frequently Asked Questions about Practease
Practease was founded in 2017 and raised its 1st funding round 5 years after it was founded.
Practease is headquartered in Gurugram, India. It is registered at Gurugram, Haryana, India.
Practease is a funded company, having raised a total of $18.78K across 1 funding round to date. The company's 1st funding round was a Angel Round of $18.78K, raised on Sep 2022.
The primary company behind Practease, Rapiditas Consultants Private Limited, reported revenue of ₹15.5 Lakh for FY 2025, up 34% year on year.
Practease was founded in 2017 in Gurugram, India, within the education technology sector. Services are offered to schools for managing examinations in various formats, evaluating student results, and developing data-driven insights. Operations focus on streamlining assessment processes through digital platforms, enabling efficient result analysis and performance tracking across educational institutions in India.
Practease's top competitors include Tinker Labs, Cultre and Career Talks.
Practease offers Online Smart Assessment, Personalized Development Plans, and Productivity Tools.
Practease has 1 investor. Key investors include Pourav Arora.
The valuation of Practease is $352.66K as of Sep 2022.
Practease operates through Rapiditas Consultants Private Limited.
The legal entities of Practease currently have 2 directors, including Umesh Prashar, Pourav Arora.