About Promilo
Promilo is a company based in Bengaluru (India) founded in 2019. Promilo has raised $182.57 thousand across 2 funding rounds from investors including Mathew John, Tejas Gulabchand Maru and Meeras Strategic Investment. The company has 1 employees as of March 29, 2024. Promilo offers products and services including Promilo App. Promilo operates in a competitive market with competitors including CollegeDekho, Collegedunia, GetMyUni, CollegeVidya and StudyPlaces, among others.
- Headquarter Bengaluru, India
- Employees 1 as on 29 Mar, 2024
- 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 Sawara Solutions Private Limited
- Date of Incorporation 03 Feb, 2021
- Jurisdiction Bengaluru, Karnataka, India
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Annual Revenue
$6.05 K (USD)0as on Mar 31, 2022
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Net Profit
-$38.78 K (USD)-3910.92as on Mar 31, 2022
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EBITDA
-$11.43 K (USD)-1251.62as on Mar 31, 2022
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Total Equity Funding
$182.57 K (USD)
in 2 rounds
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Latest Funding Round
$60.28 K (USD), Angel Round
Mar 14, 2024
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Investors
Meeras Strategic Investment
& 3 more
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Employee Count
1
as on Mar 29, 2024
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Products & Services of Promilo
Promilo offers a comprehensive portfolio of products and services, including Promilo App.
App for searching meetups, colleges, jobs, and internships.
Funding Insights of Promilo
Promilo has successfully raised a total of $182.57K across 2 strategic funding rounds. The most recent funding activity was a Angel Round of $60.28 thousand completed in March 2024. 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.
Investors in Promilo
Promilo has secured backing from 4 investors, including angel and institutional investors. Prominent investors backing the company include Mathew John, Tejas Gulabchand Maru and Meeras Strategic Investment.
| Investor | Description | Founded Year | Domain | Location |
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MJ
Mathew John |
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TG
Tejas Gulabchand Maru |
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Investor details for Promilo
Investor domains, locations, round participation, and complete history require an active premium plan.
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Investments & Acquisitions by Promilo
Investment portfolio details for Promilo
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Financial Statements - Promilo
Detailed financials for Promilo
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- Profit trends
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Promilo Comparisons
Peer comparison for Promilo
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Competitors of Promilo
Promilo 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 CollegeDekho, Collegedunia, GetMyUni, CollegeVidya and StudyPlaces, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Provider of platform that connects students with colleges for guidance and application support
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Higher education information is searched and provided for students.
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Student networking and university reviews are facilitated online.
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Platform for comparing online universities, offering AI-powered suggestions and counseling services.
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An online platform for discovering educational institutions is operated.
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Provides an online platform for professional certification courses.
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Detailed competitors of Promilo
Competitor domains, locations, full profiles, and operating metrics require an active premium plan.
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Latest news on Promilo
Complete news archive for Promilo
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Frequently Asked Questions about Promilo
Promilo was founded in 2019 and raised its 1st funding round 3 years after it was founded.
Promilo is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Promilo is a funded company, having raised a total of $182.57K across 2 funding rounds to date.
As of Mar 29, 2024, the latest employee count at Promilo is 1.
Annual revenue of Promilo is $6.05K as on Mar 31, 2022.
Promilo was founded in 2019 in Bengaluru, India, as an app-based platform in the education technology sector. Operations focus on consolidating student resources into one application. Services encompass searches for colleges, courses, jobs, internships, and meet-ups. This setup allows users to access diverse opportunities without switching between multiple apps, supporting streamlined navigation in higher education and career pathways.
Promilo's top competitors include CollegeDekho, Collegedunia and GetMyUni.
Promilo offers Promilo App.
Promilo has 4 investors. Key investors include Mathew John, Tejas Gulabchand Maru, Meeras Strategic Investment, and Santosh Kumar.
The valuation of Promilo is $4.72M as of Mar 2024.