About Practically
Practically is a company based in Hyderabad (India) founded in 2018 by Ilangovel Thulasimani and Subbarao Siddabattula.. Practically has raised $23.98 million across 7 funding rounds from investors including Exfinity Venture Partners, YourNest and Placid Express. The company has 56 employees as of April 09, 2024. Practically has completed 1 acquisition, including Fedena. Practically offers products and services including Practically App, 3D Videos, Simulations, Augmented Reality, and Live Classes. Practically operates in a competitive market with competitors including Osmo, PlayShifu, zSpace, Smartivity and Inspirit, among others.
- Headquarter Hyderabad, India
- Employees 56 as on 09 Apr, 2024
- Founders Ilangovel Thulasimani, Subbarao Siddabattula
- Stage Minicorn
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Sectors
TechnologyEducation
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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 3Rdflix Visual Effects Private Limited
- Date of Incorporation 05 Mar, 2018
- Jurisdiction Serilingampally, Telangana, India
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Annual Revenue
$251.96 K (USD)21.09as on Mar 31, 2022
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Net Profit
$-4.12 M (USD)-151.07as on Mar 31, 2022
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EBITDA
$-2.92 M (USD)-107.79as on Mar 31, 2022
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Total Equity Funding
$23.98 M (USD)
in 7 rounds
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Latest Funding Round
$5 M (USD), Series A
Dec 15, 2021
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Investors
Exfinity Venture Partners
& 27 more
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Employee Count
56
as on Apr 09, 2024
- Investments & Acquisitions
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Products & Services of Practically
Practically offers a comprehensive portfolio of products and services, including Practically App, 3D Videos, Simulations, Augmented Reality, and Live Classes. 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.
App for immersive science learning with 3D and AR tools.
Videos that visualize scientific concepts for better retention.
Hands-on simulations for experimenting with science topics.
AR features for accessing classroom models remotely.
Real-time sessions with mentors for query resolution.
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Funding Insights of Practically
Practically has successfully raised a total of $23.98M across 7 strategic funding rounds. The most recent funding activity was a Series A round of $5 million 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 Total Funding
- Total Rounds 7
- Last Round Series A — $5.0M
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First Round
First Round
(07 May 2018)
- Investors Count 28
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec, 2021 | Amount | Series A - Practically | Valuation | Earlsfield Capital , NB Ventures | |
| Mar, 2021 | Amount | Series A - Practically | Valuation | Brand Capital |
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| Jan, 2021 | Amount | Series A - Practically | Valuation | Siana Capital |
| 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 Practically
Practically has secured backing from 28 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Exfinity Venture Partners, YourNest and Placid Express. 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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Investments in technology sectors are made by Earlsfield Capital.
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Founded Year | Domain | Location | |
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Investments are directed toward healthcare, logistics, education, and multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital and business support services for entrepreneurs in finance and technology sectors.
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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 Practically
Practically has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Fedena. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| 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 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Educational institutions are managed via cloud-hosted ERP software.
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2009 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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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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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Practically
| 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 |
Practically Comparisons
Competitors of Practically
Practically 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 Osmo, PlayShifu, zSpace, Smartivity and Inspirit, 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 |
Hardware-based iPad games for children are developed.
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| domain | founded_year | HQ Location |
Interactive STEM kits are provided for children's learning.
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| domain | founded_year | HQ Location |
AR/VR headsets and educational content are supplied for immersive learning.
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| domain | founded_year | HQ Location |
Platform offering toys to boost children's brain development and creativity
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| domain | founded_year | HQ Location |
Virtual labs and simulations for science education are provided.
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| domain | founded_year | HQ Location |
VR content distribution platform and AR educational solutions are developed.
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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 Practically
Frequently Asked Questions about Practically
When was Practically founded?
Practically was founded in 2018.
Where is Practically located?
Practically is headquartered in Hyderabad, India. It is registered at Hyderabad, Telangana, India.
Who is the current CEO of Practically?
Subbarao Siddabattula is the current CEO of Practically. They have also founded this company.
Is Practically a funded company?
Practically is a funded company, having raised a total of $23.98M across 7 funding rounds to date. The company's 1st funding round was a Series A of $4M, raised on May 07, 2018.
How many employees does Practically have?
As of Apr 09, 2024, the latest employee count at Practically is 56.
What is the annual revenue of Practically?
Annual revenue of Practically is $251.96K as on Mar 31, 2022.
What does Practically do?
Founded in 2018 in Hyderabad, India, the company operates in the education technology sector. An application is provided for self-learning among students in classes 6 through 10, covering subjects such as science, mathematics, physics, chemistry, and biology. Study materials, NCERT solutions, live classes with mentors, and doubt-clearing sessions are offered. Features include augmented reality tools, an AI-powered study assistant named Proton, and 247 support for queries.
Who are the top competitors of Practically?
What products or services does Practically offer?
Practically offers Practically App, 3D Videos, Simulations, Augmented Reality, and Live Classes.
How many acquisitions has Practically made?
Practically has made 1 acquisition, including Fedena.
Who are Practically's investors?
Practically has 28 investors. Key investors include Exfinity Venture Partners, YourNest, Placid Express, Ncubate Capital Partners, and NB Ventures.
What is Practically's valuation?
The valuation of Practically is $27.87M as of Mar 2021.
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