About PrepBytes
PrepBytes is a company based in Gurugram (India) founded in 2008 by Mamta Kumari and Aditya Bhushan Verma was acquired by CollegeDekho in March 2022. It operates as a EduTech, and Subscription Services. PrepBytes has raised $779.64 thousand across 3 funding rounds from investors including CollegeDekho, UIncept Accelerator and Equanimity Investments. PrepBytes offers products and services including Personalised Coding Programs, Campus Placement Preparation, Competitive Programming Training, and Coding Interview Preparation. PrepBytes operates in a competitive market with competitors including SoloLearn, Secure Code Warrior, InterviewBit, Riipen and Interview Kickstart, among others.
- Headquarter Gurugram, India
- Founders Mamta Kumari, Aditya Bhushan Verma
- Stage Minicorn
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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 Prepbytes Technologies Private Limited
- Date of Incorporation 19 Feb, 2019
- Jurisdiction Gurgaon, Haryana, India
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Annual Revenue
$75.05 K (USD)-78.81as on Mar 31, 2023
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Net Profit
$-38.23 K (USD)93.46as on Mar 31, 2023
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EBITDA
$-45.58 K (USD)92.18as on Mar 31, 2023
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Total Equity Funding
$779.64 K (USD)
in 3 rounds
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Latest Funding Round
$683.74 K (USD), Seed
Feb 03, 2021
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Investors
CollegeDekho
& 4 more
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Employee Count
Employee Count
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Acquired by
CollegeDekho
(Mar 28, 2022)
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Products & Services of PrepBytes
PrepBytes offers a comprehensive portfolio of products and services, including Personalised Coding Programs, Campus Placement Preparation, Competitive Programming Training, and Coding Interview Preparation. 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.
Coding skills are developed through tailored learning programs.
Preparation for campus placements is provided to students.
Skills for competitive programming contests are taught effectively.
Technical interview skills are enhanced through structured training.
Funding Insights of PrepBytes
PrepBytes has successfully raised a total of $779.64K across 3 strategic funding rounds. The most recent funding activity was a Seed round of $683.74 thousand completed in February 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 3
- Last Round Seed — $683,735
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First Round
First Round
(13 May 2019)
- Investors Count 4
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Feb, 2021 | Amount | Seed - PrepBytes | Valuation | Equanimity Investments |
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| Dec, 2019 | Amount | Seed - PrepBytes | Valuation | UIncept Accelerator | |
| May, 2019 | Amount | Angel Round - PrepBytes | Valuation | Meena Kapoor |
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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 PrepBytes
PrepBytes has secured backing from 5 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include CollegeDekho, UIncept Accelerator and Equanimity Investments. 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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Venture capital investments in early-stage Indian startups focusing on technology and innovation.
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Founded Year | Domain | Location | |
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EdTech startup acceleration and support services are offered in India.
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Founded Year | Domain | Location | |
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PS
Preeti Singh |
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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 PrepBytes
| 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 - PrepBytes
| 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 |
Prepbytes Comparisons
Competitors of PrepBytes
PrepBytes 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 SoloLearn, Secure Code Warrior, InterviewBit, Riipen and Interview Kickstart, 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 |
Programming courses are delivered via a mobile platform.
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| domain | founded_year | HQ Location |
Cloud-based gamified training for secure coding is offered.
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| domain | founded_year | HQ Location |
Coding interview practice tools are provided for software engineers.
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| domain | founded_year | HQ Location |
Online networking platform for students
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| domain | founded_year | HQ Location |
Technical interview preparation is facilitated via an online platform.
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| domain | founded_year | HQ Location |
Web development courses are delivered through blended learning options.
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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 Prepbytes
Frequently Asked Questions about PrepBytes
When was PrepBytes founded?
PrepBytes was founded in 2008 and raised its 1st funding round 11 years after it was founded.
Where is PrepBytes located?
PrepBytes is headquartered in Gurugram, India. It is registered at Gurugram, Haryana, India.
Who is the current CEO of PrepBytes?
Mamta Kumari is the current CEO of PrepBytes. They have also founded this company.
Is PrepBytes a funded company?
PrepBytes is a funded company, having raised a total of $779.64K across 3 funding rounds to date. The company's 1st funding round was a Angel Round of $14.15K, raised on May 13, 2019.
What is the annual revenue of PrepBytes?
Annual revenue of PrepBytes is $75.05K as on Mar 31, 2023.
What does PrepBytes do?
Personalized coding programs are offered by PrepBytes to bridge the gap between academic learning and industry requirements. Comprehensive learning paths are provided, covering programming languages from basics to advanced levels. Support for campus placements, competitive programming, and coding interviews is included. Mentorship and hands-on projects are integrated to ensure real-world skills are developed for students and professionals aiming for tech excellence.
Who are the top competitors of PrepBytes?
PrepBytes's top competitors include Secure Code Warrior, InterviewBit and SoloLearn.
What products or services does PrepBytes offer?
PrepBytes offers Personalised Coding Programs, Campus Placement Preparation, Competitive Programming Training, and Coding Interview Preparation.
Who are PrepBytes's investors?
PrepBytes has 5 investors. Key investors include CollegeDekho, UIncept Accelerator, Equanimity Investments, Preeti Singh, and Meena Kapoor.
What is PrepBytes's valuation?
The valuation of PrepBytes is $2.69M as of Feb 2021.