Race Institute

Chennai, India Founded: 2012 • Age: 14 yrs Acquired By Veranda
Coaching classes for government and banking exam preparation are provided.
Annual revenue $1.6M Latest available
Total funding - Funding intelligence
Employees 47 Tracked headcount
Investors 1 Known backers
Products - Services tracked
Competitors 4 Brand Intelligence

About Race Institute

Race Institute is a company based in Chennai (India) founded in 2012 by Bharath Seeman was acquired by Veranda in December 2020. The company has 47 employees as of April 03, 2024. Race Institute operates in a competitive market with competitors including Drishti IAS, Career Power, NEXT IAS MADE EASY and Mahendras, among others.

  • Headquarter Chennai, India
  • Employees 47 as on 03 Apr, 2024
  • Founders Bharath Seeman
  • Sectors
    Education
  • Email
    Locked
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Chennai Race Coaching Institute Private Limited
  • Date of Incorporation 14 Jun, 2016
  • Jurisdiction Chennai, Tamil Nadu, India
Operational Areas
Education → Specialized & Vocational Education Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $1.58 M (USD)
    -24.73
    as on Mar 31, 2023
  • Net Profit
    -$807.07 K (USD)
    -55.1
    as on Mar 31, 2023
  • EBITDA
    -$663.72 K (USD)
    -135.73
    as on Mar 31, 2023
  • Latest Funding Round
    Not available
  • Investors
  • Employee Count
    47

    as on Apr 03, 2024

  • Acquired by
    Veranda

    (Dec 07, 2020)

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Funding Insights of Race Institute

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Detailed funding history for Race Institute

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Investors in Race Institute

Race Institute has secured backing from 1 investor. Prominent investors backing the company include Veranda International School.

All
Investor Description Founded Year Domain Location
An international school focused on early and primary education.
Locked Locked Locked
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Investor details for Race Institute

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Investments & Acquisitions by Race Institute

Investments
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Investment portfolio details for Race Institute

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Financial Statements - Race Institute

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Detailed financials for Race Institute

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Race Institute Comparisons

Race Institute Primary company
Description
Coaching classes for government and banking exam preparation...
Location
Chennai, India
Founded Year
2012
Annual Revenue
$1.58 M (USD)
Net Profit
-$807.07 K (USD)
EBITDA
-$663.72 K (USD)
Employees
47
As of 2024
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Peer comparison for Race Institute

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Competitors of Race Institute

Race Institute 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 Drishti IAS, Career Power, NEXT IAS MADE EASY and Mahendras, among others.

Company Name Domain Founded year HQ Location Description
Locked Locked Locked
Offers professional training and coaching services for education.
Locked Locked Locked
Coaching for government job exams is offered nationwide in India.
Locked Locked Locked
Provides coaching classes for government exam preparation.
Locked Locked Locked
Test preparation courses for competitive exams are provided.
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Detailed competitors of Race Institute

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Latest news on Race Institute

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Complete news archive for Race Institute

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Frequently Asked Questions about Race Institute

Race Institute was founded in 2012.

Race Institute is headquartered in Chennai, India. It is registered at Chennai, Tamil Nadu, India.

As of Apr 03, 2024, the latest employee count at Race Institute is 47.

Annual revenue of Race Institute is $1.58M as on Mar 31, 2023.

RACE was established in 2012 in Chennai, India, as a provider of coaching services in the education sector. Classes are offered for preparation of government and banking exams, including positions like CBI Sub Inspector and tax audit officer via the Staff Selection Commission. Operations include practice programs, special sessions, curricular activities, mock interviews, and events focused on central government roles.

Race Institute's top competitors include Drishti IAS, NEXT IAS MADE EASY and Career Power.

Race Institute has 1 investor. Key investors include Veranda International School.

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