About Promilo
Promilo is an Education company based in Bengaluru (India) founded in 2019. App-based college discovery platform. 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. Promilo was last valued at $4.72 million in March 2024. Its website promilo.com draws about 18 thousand monthly visits. Its Indian entity Sawara Solutions Private Limited reported revenue of ₹71.2 Lakh. Promilo offers products and services including Promilo App. Its focus areas include EdTech, Higher Education Tech, Admissions Support for Students and College Discovery. Its competitors include CollegeDekho, Collegedunia and GetMyUni; 3 of its 3 listed competitors have raised funding.
Company details
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.
- Headquarters Bengaluru, India
- Employees 1
- Stage Minicorn
- SectorsEducation
- Email••••••••
- Phone•••• ••••
- Website promilo.com
- Social LinkedIn X Facebook
- Legal Name Sawara Solutions Private Limited
- Date of Incorporation 03 Feb, 2021
- Jurisdiction Bengaluru, Karnataka, India
- Annual Revenue₹71.2 Lakh
FY 2025 · +12770% YoY
- Net Loss-₹99.9 Lakh
FY 2025 · -140% margin
- EBITDA-₹92 Lakh
FY 2025 · -129% margin
- Total Equity Funding$182.57K (USD)
in 2 rounds
- Latest Funding Round$60.28K (USD), Angel Round
Mar 2024
- Employee Count1
Associated legal entities of Promilo
Promilo operates through Sawara Solutions 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 |
|---|---|---|---|---|---|---|---|
| Sawara Solutions Private Limited CIN U72900KA2021PTC143734 | Active | 03 Feb 2021 | Bengaluru, Karnataka | ₹0.7 Cr | 28 | 2 | View details |
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.
- Total Funding $182,565
- Total Rounds 2
- Last Round Angel Round — $60,275
- First Round $122,290
(Nov 2022)
- Investors Count 4
All 2 funding rounds of Promilo 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 |
|---|---|---|---|---|---|
| Mar 2024 | $60,275 | Angel Round | $4.72M | Mathew John | – |
| Nov 2022 | $122,290 | Angel Round | $3.9M | Tejas Gulabchand Maru |
| Date | Valuation | Stage |
|---|---|---|
| Mar 2024 | $4.72M | •••••••• |
| Nov 2022 | $3.9M | •••••••• |
Last known valuation $4.72M (Mar 2024). 4 investors in total: 1 institutional and 3 angel.
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 |
|---|---|---|---|---|
| meerasstrategicinvestment.tcc.mode | ||||
MJ Mathew John | unknown_021e39a428b24064b | |||
TG Tejas Gulabchand Maru | unknown_54590d08eb7b45fd9 | |||
SK Santosh Kumar | Angel investor, Co-founder of Flatheads, ex-Unilever executive | unknown_b3bb82f7f1da4e1a8 |
Investor details for Promilo
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
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- Round participation
- Investor portfolios
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Verified entity values are shown only after access is granted.
Board of directors of Sawara Solutions Private Limited (Promilo)
Sawara Solutions Private Limited is the primary company behind Promilo. The board of Sawara Solutions Private Limited currently have 2 directors; the longest-serving is Ritesh Saraf, appointed in 2021.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Ritesh Saraf DIN 07919815 | Director | 03 Feb 2021 | 5 yrs 8 mo | Sawara Solutions Private Limited |
| Sam Palathinthalackal Philip DIN 07612503 | Director | 03 Feb 2021 | 5 yrs 8 mo | Sawara Solutions Private Limited |
People of Promilo
1 people are tracked at Promilo (1 in leadership); the tracked headcount is 1.
| Name | Role | Group |
|---|---|---|
Suresh | Founder & Mentor | Leadership |
Complete people profiles for Promilo
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
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Verified entity values are shown only after access is granted.
Financials of Promilo
Figures of Sawara Solutions Private Limited, the primary company behind Promilo, for FY 2025. Revenue was ₹71.2 Lakh (+12770% year on year). Net loss was -₹99.9 Lakh (-140% margin). EBITDA was -₹92 Lakh (-129% margin). Revenue has grown at a compounded annual rate of +142% over three years.
- ₹71.2 LakhRevenue · FY 2025 · +12770% YoY
- -₹99.9 LakhNet loss · -140% margin
- -₹92 LakhEBITDA · -129% margin
- ₹10.9 LakhPaid-up capital
- 28Employees (provident fund records)
- +142%Revenue CAGR, 3 years
Balance sheet, profit and loss, cash flow and ratios of Sawara Solutions Private Limited are on its company page.
Detailed financial statements for Promilo
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
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- Downloads
Verified entity values are shown only after access is granted.
Timeline of Promilo
4 dated milestones of Promilo across 5 years, from founding to its latest funding, stage changes and deals.
- Founded Promilo is founded.
- Funding First funding round of $122K.
- Milestone Reaches Minicorn status.
- Funding Latest funding round, Angel Round, of $60K.
Competitors of Promilo
Promilo has 3 listed competitors in our database, 3 of them funded. They include CollegeDekho, Collegedunia and GetMyUni.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| collegedekho.com | 2015 | Gurugram, India | $81.1M | 3,132 | Provider of platform that connects students with colleges for guidance and application support | |
| collegedunia.com | 2014 | Gurugram, India | $606,994 | 24 | Higher education information is searched and provided for students. | |
| getmyuni.com | 2013 | Bengaluru, India | $45,731 | 266 | Student networking and university reviews are facilitated online. |
Detailed competitors of Promilo
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
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- Competitive positioning
Verified entity values are shown only after access is granted.
Web traffic of Promilo
The website of Promilo (promilo.com) receives about 18.1K visits a month.
- Monthly visits18.1K
▲ 49.6% vs previous month
Top companies in Education Technology Platforms
3 companies that operate in the same segment as Promilo (Education Technology Platforms) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Online educational resources and test preparation for exams are provided. | 2016 | Noida, Uttar Pradesh, India | USD 275 M | USD 415.66 M | 15,046 | |
AI-powered robots are provided as companions for children. | 2015 | Mumbai, Maharashtra, India | USD 107.78 M | |||
Integrated edtech systems are provided for K-12 schools. | 2012 | Mumbai, Maharashtra, India | USD 172.33 M | USD 43.22 M | 1,140 |
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Related news about 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. The company's 1st funding round was a Angel Round of $122.29K, raised on Nov 2022.
Promilo has 1 employees.
The primary company behind Promilo, Sawara Solutions Private Limited, reported revenue of ₹71.2 Lakh for FY 2025, up 12770% year on year.
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.
Promilo operates through Sawara Solutions Private Limited.
The legal entities of Promilo currently have 2 directors, including Ritesh Saraf, Sam Palathinthalackal Philip.