About Purple Tutor
Purple Tutor is a company based in Mumbai (India) founded in 2019 by Gaurav Perti.. Purple Tutor has raised $1.97 million across 3 funding rounds from investors including IvyCap Ventures, Disruptors Capital and Arjun Malhotra. The company has 23 employees as of April 09, 2024. Purple Tutor offers products and services including Coding Courses, Math Courses, Web Development Course, AI and Machine Learning, and SpaceTech Course. Purple Tutor operates in a competitive market with competitors including Vedantu, GoStudent, Ruangguru, Varsity Tutors and Filo, among others.
- Headquarter Mumbai, India
- Employees 23 as on 09 Apr, 2024
- Founders Gaurav Perti
- 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 Purplefirst Technologies Private Limited
- Date of Incorporation 26 Nov, 2019
- Jurisdiction Mumbai, Maharashtra, India
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Annual Revenue
$324.17 K (USD)-74.35as on Mar 31, 2023
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Net Profit
$-1.07 M (USD)-86.26as on Mar 31, 2023
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EBITDA
$-1.08 M (USD)-86.49as on Mar 31, 2023
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Total Equity Funding
$1.97 M (USD)
in 3 rounds
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Latest Funding Round
$1.28 M (USD), Series A
Jun 16, 2022
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Investors
IvyCap Ventures
& 21 more
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Employee Count
23
as on Apr 09, 2024
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Products & Services of Purple Tutor
Purple Tutor offers a comprehensive portfolio of products and services, including Coding Courses, Math Courses, Web Development Course, AI and Machine Learning, and SpaceTech Course. 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.
Live classes teaching programming concepts like Python and AI for kids
Interactive sessions to build logical reasoning and problem-solving skills
Teaches HTML, CSS, and JavaScript for website creation
Courses on AI concepts and machine learning models for projects
Focuses on 3D game development and space-related tech for creative learning
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Funding Insights of Purple Tutor
Purple Tutor has successfully raised a total of $1.97M across 3 strategic funding rounds. The most recent funding activity was a Series A round of $1.28 million completed in June 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 Total Funding
- Total Rounds 3
- Last Round Series A — $1.3M
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First Round
First Round
(08 Jan 2021)
- Investors Count 22
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2022 | Amount | Series A - Purple Tutor | Valuation | IvyCap Ventures Advisors , Disruptors Capital | |
| Sep, 2021 | Amount | Seed - Purple Tutor | Valuation | IvyCap Ventures Advisors , Sheel Oil & Fats | |
| Jan, 2021 | Amount | Seed - Purple Tutor | Valuation | IvyCap Ventures Advisors |
| 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 Purple Tutor
Purple Tutor has secured backing from 22 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include IvyCap Ventures, Disruptors Capital and Arjun Malhotra. 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 startups from leading Indian institutions across various sectors.
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Founded Year | Domain | Location | |
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Venture capital fund focused on seed-stage startups
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Founded Year | Domain | Location | |
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Venture capital fund investing in early-stage tech startups
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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 Purple Tutor
| 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 - Purple Tutor
| 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 |
Purple Tutor Comparisons
Competitors of Purple Tutor
Purple Tutor 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 Vedantu, GoStudent, Ruangguru, Varsity Tutors and Filo, 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 |
Live interactive K-12 tutoring platform is provided online.
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| domain | founded_year | HQ Location |
Provider of online tutoring platform for K-12 students
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| domain | founded_year | HQ Location |
Self-learning solutions are delivered via an online education platform.
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| domain | founded_year | HQ Location |
Live online tutoring and test prep platform is operated.
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| domain | founded_year | HQ Location |
On-demand one-to-one tutoring is connected between students and tutors.
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| domain | founded_year | HQ Location |
A social learning platform is provided for students worldwide.
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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 Purple Tutor
Frequently Asked Questions about Purple Tutor
When was Purple Tutor founded?
Purple Tutor was founded in 2019 and raised its 1st funding round 2 years after it was founded.
Where is Purple Tutor located?
Purple Tutor is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Who is the current CEO of Purple Tutor?
Gaurav Perti is the current CEO of Purple Tutor. They have also founded this company.
Is Purple Tutor a funded company?
Purple Tutor is a funded company, having raised a total of $1.97M across 3 funding rounds to date. The company's 1st funding round was a Seed of $300K, raised on Jan 08, 2021.
How many employees does Purple Tutor have?
As of Apr 09, 2024, the latest employee count at Purple Tutor is 23.
What is the annual revenue of Purple Tutor?
Annual revenue of Purple Tutor is $324.17K as on Mar 31, 2023.
What does Purple Tutor do?
Online coding and math classes for children aged 6-18. The platform offers various courses, including coding in Python and JavaScript, game development using Roblox, and AI and machine learning. The curriculum focuses on developing computational thinking, logical reasoning, and problem-solving skills. Teachers are required to hold formal degrees in computer science or mathematics. The company provides different learning paths and course durations to suit various age groups and skill levels. Students can work on projects and earn certificates upon completion of courses.
Who are the top competitors of Purple Tutor?
What products or services does Purple Tutor offer?
Purple Tutor offers Coding Courses, Math Courses, Web Development Course, AI and Machine Learning, and SpaceTech Course.
Who are Purple Tutor's investors?
Purple Tutor has 22 investors. Key investors include IvyCap Ventures, Disruptors Capital, Arjun Malhotra, AKM, and Akm Systems.
What is Purple Tutor's valuation?
The valuation of Purple Tutor is $16.26M as of Jun 2022.