About Raffles Education
Raffles Education is a publicly listed company based in Singapore (Singapore) founded in 1990. Academic and vocational programs are delivered through institutional networks. Its chief executive, as recorded, is Chew Hua Seng. Its Indian entity Millennium Infradevelopers Limited reported revenue of ₹30.9 Lakh. Raffles Education offers products and services including Education Programs and Facility Leasing. Its focus areas include Higher Education Institutions, Diversified, Private and Continuing Education Chains. Its competitors include Nanyang Technological University, National University of Singapore and Singapore Management University; 1 of its 3 listed competitors has raised funding.
Company details
Raffles Education was established in 1990 in Singapore within the education sector. Academic and vocational programs are offered via a global network of institutions. Education services are provided to students across various locations. Facilities are also leased to external institutions for vocational and technical training. Operations focus on higher education and professional development in key international markets.
- Headquarters Singapore, Singapore
- Stage Public
- SectorsEducation
- Email••••••••
- Phone•••• ••••
- Website raffles.education
- Social LinkedIn
- Legal Name Raffles Education Limited
- Indian entity revenue₹30.9 Lakh
FY 2024 · +129% YoY
- Indian entity net loss-₹83.8 Lakh
FY 2024 · -271% margin
- Indian entity EBITDA-₹1.14 Cr
FY 2024 · -369% margin
Associated legal entities of Raffles Education
Raffles Education operates through Millennium Infradevelopers Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Millennium Infradevelopers Limited CIN U45200DL2010PLC198263 | Active | 21 Jan 2010 | New Delhi, Delhi | ₹0.3 Cr | 6 | View details |
Products & Services of Raffles Education
Raffles Education offers a comprehensive portfolio of products and services, including Education Programs and Facility Leasing.
Delivers hands-on, industry-relevant courses to students worldwide
Leases educational facilities to support other institutions
Funding Insights of Raffles Education
- Total Rounds 1
- Investors Count 1
All 1 funding rounds of Raffles Education 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 |
|---|---|---|---|---|---|
| May 2021 | Angel Round | – | Oei Hong Leong | – |
1 investors in total: 0 institutional and 1 angel.
Investors in Raffles Education
Raffles Education has secured backing from 1 investor, including angel investors. Prominent investors backing the company include Oei Hong Leong.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
OH Oei Hong Leong | unknown_eb8073c4b652482fb |
Investor details for Raffles Education
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Board of directors of Millennium Infradevelopers Limited (Raffles Education)
Millennium Infradevelopers Limited is the primary company behind Raffles Education. The board of Millennium Infradevelopers Limited currently have 5 directors; the longest-serving is Rick John Tham Yu Xian, appointed in 2020. 26 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Rick John Tham Yu Xian DIN 07480062 | Director | 02 Jun 2020 | 6 yrs 5 mo | Millennium Infradevelopers Limited |
| Pooja Upmanyu DIN 10581298 | Director | 30 Mar 2024 | 2 yrs 7 mo | Millennium Infradevelopers Limited |
| Chuin Khai Tan DIN 10783660 | Director | 23 Sep 2024 | 2 yrs 1 mo | Millennium Infradevelopers Limited |
| Priyanka DIN 10811488 | Additional Director | 17 Oct 2024 | 2 yrs | Millennium Infradevelopers Limited |
| Yogesh Kumar DIN 11035311 | Additional Director | 03 Apr 2025 | 1 yr 7 mo | Millennium Infradevelopers Limited |
People of Raffles Education
1 people are tracked at Raffles Education (1 in leadership).
| Name | Role | Group |
|---|---|---|
Chew Hua Seng | CEO | Leadership |
Complete people profiles for Raffles Education
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IPO & Listings of Raffles Education
Raffles Education is a publicly listed company on the SGX with ticker symbol NR7 in Singapore, operating in the Commercial services sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
- IPO date24 Jan 2002
- Listed onSGX: NR7
- Listed entityRaffles Education Limited
- Exchange sectorCommercial services
- ISINSG2C97968151
- Share price0.08 SGD (+1.25% on the day) · 2026-10-14
- Market capitalisation141,786,940.00 SGD
- Price to earnings19.3
- EPS (diluted, trailing year)-0.00 SGD
- Volume (last session)1,640,800
Financials of Raffles Education
Figures of Millennium Infradevelopers Limited, the primary company behind Raffles Education, for FY 2024. Revenue was ₹30.9 Lakh (+129% year on year). Net loss was -₹83.8 Lakh (-271% margin). EBITDA was -₹1.14 Cr (-369% margin). Revenue has grown at a compounded annual rate of +158% over three years.
- ₹30.9 LakhRevenue · FY 2024 · +129% YoY
- -₹83.8 LakhNet loss · -271% margin
- -₹1.14 CrEBITDA · -369% margin
- ₹58.35 CrPaid-up capital
- +158%Revenue CAGR, 3 years
| Year | Revenue | Net income | EBITDA |
|---|---|---|---|
| 2026 | 106.8M SGD | -5.4M SGD | 23.9M SGD |
| 2025 | 111.7M SGD | 7.7M SGD | 25.1M SGD |
| 2024 | 112.5M SGD | -19.3M SGD | 33.1M SGD |
| 2023 | 110.9M SGD | -5.3M SGD | 30.1M SGD |
| 2022 | 105.4M SGD | 9.6M SGD | 15.6M SGD |
Balance sheet, profit and loss, cash flow and ratios of Millennium Infradevelopers Limited are on its company page.
Detailed financial statements for Raffles Education
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Timeline of Raffles Education
3 dated milestones of Raffles Education across 31 years, from founding to its latest funding, stage changes and deals.
- Founded Raffles Education is founded.
- IPO Lists on the stock exchange (IPO).
- Funding First funding round.
Competitors of Raffles Education
Raffles Education has 3 listed competitors in our database, 1 of them funded. They include Nanyang Technological University, National University of Singapore and Singapore Management University.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| ntu.edu.sg | 1991 | Singapore | University offering multiple UG & PG programs in engineering, business, science, and humanities stream | |||
| nus.edu.sg | 1905 | Singapore | $3.74M | Various courses and degrees across diversified streams are offered. | ||
| smu.edu.sg | 2000 | Singapore | University offering degree programs in in business, law, social sciences, and computing |
Detailed competitors of Raffles Education
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Web traffic of Raffles Education
The website of Raffles Education (raffles.education) receives about 5K visits a month.
- Monthly visits5K
▲ 71.5% vs previous month
Websites whose visitors overlap most with Raffles Education. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
modest.id | modest.id | 100% | – | ||
| raffles-college.edu.sg | 92% | 8.8K | #2,624,300 | View details |
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Related news about Raffles Education
Complete news archive for Raffles Education
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Frequently Asked Questions about Raffles Education
Raffles Education was founded in 1990 and raised its 1st funding round 31 years after it was founded.
Raffles Education is headquartered in Singapore, Singapore.
Chew Hua Seng is the CEO of Raffles Education, as recorded in our data.
The primary company behind Raffles Education, Millennium Infradevelopers Limited, reported revenue of ₹30.9 Lakh for FY 2024, up 129% year on year.
Raffles Education was established in 1990 in Singapore within the education sector. Academic and vocational programs are offered via a global network of institutions. Education services are provided to students across various locations. Facilities are also leased to external institutions for vocational and technical training. Operations focus on higher education and professional development in key international markets.
Raffles Education's top competitors include Nanyang Technological University, National University of Singapore and Singapore Management University.
Raffles Education offers Education Programs and Facility Leasing.
Yes, Raffles Education is publicly traded on SGX under the ticker symbol NR7.
Raffles Education has 1 investor. Key investors include Oei Hong Leong.
Raffles Education operates through Millennium Infradevelopers Limited.
The legal entities of Raffles Education currently have 6 directors, including Mayank Mishra, Pooja Upmanyu, Chuin Khai Tan and others.