About QED Quest
QED Quest is an Education company based in Chennai (India) founded in 2011 by Chokanath Hymavathy. Online learning solutions for schools. QED Quest has raised $941.7 thousand across 1 funding round from investors including The Chennai Angels and Lok Capital. The company has 1 employees. Its Indian entity Everest Edusys And Solutions Private Limited reported revenue of ₹51.9 Lakh. Its focus areas include EdTech, K-12 EdTech, B2B2C Learning Solutions and School Curriculum.
Company details
QED was founded in 2011 in Chennai, India, within the edtech sector. An online platform is operated to provide experiential science education for schools, emphasizing critical thinking and scientific inquiry. Interactive, exhibit-based content is supplied to teachers and students, supporting methodologies that enhance concept understanding, retention, and impact in science subjects. Operations focus on school-based learning solutions across India.
- Headquarters Chennai, India
- Employees 1
- Founders Chokanath Hymavathy
- SectorsEducation
- Email••••••••
- Phone•••• ••••
- Website qedquest.com
- Social LinkedIn X Facebook
- Legal Name Everest Edusys And Solutions Private Limited
- Date of Incorporation 26 Sep, 2007
- Jurisdiction Chennai, Tamil Nadu, India
- Annual Revenue₹51.9 Lakh
FY 2020 · -41% YoY
- Net Loss-₹1.74 Cr
FY 2020 · -335% margin
- EBITDA-₹1.43 Cr
FY 2020 · -275% margin
- Total Equity Funding$941.7K (USD)
in 1 rounds
- Latest Funding Round$941.7K (USD), Series A
Mar 2014
- InvestorsThe Chennai Angels
& 1 more
- Employee Count1
Associated legal entities of QED Quest
QED Quest operates through Everest Edusys And Solutions Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2020) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Everest Edusys And Solutions Private Limited CIN U74140TN2007PTC064892 | Active | 26 Sep 2007 | Chennai, Tamil Nadu | ₹0.5 Cr | 2 | View details |
Funding Insights of QED Quest
QED Quest has successfully raised a total of $941.7K through 1 strategic funding round. The most recent funding activity was a Series A round of $941.7 thousand completed in March 2014. 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 $941,697
- Total Rounds 1
- Last Round Series A — $941,697
- First Round $941,697
(Mar 2014)
- Investors Count 2
All 1 funding rounds of QED Quest 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 2014 | $941,697 | Series A | – | – |
2 investors in total: 2 institutional.
Investors in QED Quest
QED Quest has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include The Chennai Angels and Lok Capital.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Investment firm focusing on tech-enabled enterprises in social and environmental sectors. | 2002 | lokcapital.com | Gurugram, India | |
Angel network focused on multiple sectors | 2007 | thechennaiangels.com | Chennai, India |
Investor details for QED Quest
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Board of directors of Everest Edusys And Solutions Private Limited (QED Quest)
Everest Edusys And Solutions Private Limited is the primary company behind QED Quest. The board of Everest Edusys And Solutions Private Limited currently have 2 directors; the longest-serving is Chokanath Ramakrishnan Hymavathy, appointed in 2007. 1 earlier director has ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Chokanath Ramakrishnan Hymavathy DIN 01539977 | Director | 26 Sep 2007 | 19 yrs 1 mo | Everest Edusys And Solutions Private Limited |
| Krishna Kumar Srinivasan DIN 00593900 | Director | 26 Sep 2007 | 19 yrs 1 mo | Everest Edusys And Solutions Private Limited |
People of QED Quest
1 people are tracked at QED Quest (1 in leadership); the tracked headcount is 1.
| Name | Role | Group |
|---|---|---|
| Co-Founder & Director | Leadership |
Complete people profiles for QED Quest
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Financials of QED Quest
Figures of Everest Edusys And Solutions Private Limited, the primary company behind QED Quest, for FY 2020. Revenue was ₹51.9 Lakh (-41% year on year). Net loss was -₹1.74 Cr (-335% margin). EBITDA was -₹1.43 Cr (-275% margin). Revenue has grown at a compounded annual rate of -1% over three years and -42% over five years.
- ₹51.9 LakhRevenue · FY 2020 · -41% YoY
- -₹1.74 CrNet loss · -335% margin
- -₹1.43 CrEBITDA · -275% margin
- ₹10.73 CrPaid-up capital
- -1%Revenue CAGR, 3 years
- -42%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Everest Edusys And Solutions Private Limited are on its company page.
Detailed financial statements for QED Quest
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Timeline of QED Quest
2 dated milestones of QED Quest across 3 years, from founding to its latest funding, stage changes and deals.
- Founded QED Quest is founded.
- Funding First funding round of $942K.
Top companies in Education Technology Platforms
3 companies that operate in the same segment as QED Quest (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 Qed Quest
Complete news archive for QED Quest
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Frequently Asked Questions about QED Quest
QED Quest was founded in 2011 and raised its 1st funding round 3 years after it was founded.
QED Quest is headquartered in Chennai, India. It is registered at Chennai, Tamil Nadu, India.
QED Quest is a funded company, having raised a total of $941.7K across 1 funding round to date. The company's 1st funding round was a Series A of $941.7K, raised on Mar 2014.
QED Quest has 1 employees.
The primary company behind QED Quest, Everest Edusys And Solutions Private Limited, reported revenue of ₹51.9 Lakh for FY 2020, down 41% year on year.
QED was founded in 2011 in Chennai, India, within the edtech sector. An online platform is operated to provide experiential science education for schools, emphasizing critical thinking and scientific inquiry. Interactive, exhibit-based content is supplied to teachers and students, supporting methodologies that enhance concept understanding, retention, and impact in science subjects. Operations focus on school-based learning solutions across India.
QED Quest has 2 investors. Key investors include The Chennai Angels, and Lok Capital.
QED Quest operates through Everest Edusys And Solutions Private Limited.
The legal entities of QED Quest currently have 2 directors, including Chokanath Ramakrishnan Hymavathy, Krishna Kumar Srinivasan.