Rao IIT Academy

Mumbai, India Founded: 2008 • Age: 18 yrs
Coaching Institute for Test preparation
Annual revenue $12.5M Latest available
Total funding - 1 rounds
Employees 168 Tracked headcount
Investors 1 Known backers
Products - Services tracked
Competitors 10 Brand Intelligence

About Rao IIT Academy

Rao IIT Academy is a company based in Mumbai (India) founded in 2008. The company has 168 employees as of April 08, 2024. Rao IIT Academy operates in a competitive market with competitors including Aakash Educational Services, Veranda Learning, Career Launcher, CLEducate and Career Point, among others.

  • Headquarter Mumbai, India
  • Employees 168 as on 08 Apr, 2024
  • Sectors
    Education
  • Email
    Locked
  • Phone
    Locked
  • Website
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  • Social
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  • Legal Name Rao Edusolutions Private Limited
  • Date of Incorporation 02 Sep, 2013
  • Jurisdiction Mumbai, Maharashtra, India
Operational Areas
Education → Specialized & Vocational Education Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $12.51 M (USD)
    8.13
    as on Mar 31, 2020
  • Net Profit
    $489.83 K (USD)
    318.45
    as on Mar 31, 2020
  • EBITDA
    $4.03 M (USD)
    37.88
    as on Mar 31, 2020
  • Latest Funding Round
    $8.64 M (USD), Debt – Conventional

    Jan 25, 2018

  • Investors
  • Employee Count
    168

    as on Apr 08, 2024

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Funding Insights of Rao IIT Academy

Investors in Rao IIT Academy

Rao IIT Academy has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Avendus.

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Institutional
Investor Description Founded Year Domain Location
Corporate advisory and investment services are provided to clients.
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Investments & Acquisitions by Rao IIT Academy

Investments
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Financial Statements - Rao IIT Academy

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Rao Iit Academy Comparisons

Rao IIT Academy Primary company
Description
Coaching Institute for Test preparation
Location
Mumbai, India
Founded Year
2008
Annual Revenue
$12.51 M (USD)
Net Profit
$489.83 K (USD)
EBITDA
$4.03 M (USD)
Employees
168
As of 2024
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Peer comparison for Rao IIT Academy

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Competitors of Rao IIT Academy

Rao IIT Academy 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 Aakash Educational Services, Veranda Learning, Career Launcher, CLEducate and Career Point, among others.

Company Name Domain Founded year HQ Location Description
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Chain of centers offering coaching for medical & engineering entrance exams
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Government exam preparation is provided through centers and online courses.
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Entrance exam preparation programs are offered through education centers.
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K-12 education, vocational training and test prep provider
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IIT-JEE, AIEEE, and pre-medical coaching is provided through institute chains.
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IITJEE coaching and exam preparation programs are offered to students.
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Detailed competitors of Rao IIT Academy

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Latest news on Rao Iit Academy

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Complete news archive for Rao IIT Academy

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Frequently Asked Questions about Rao IIT Academy

Rao IIT Academy was founded in 2008 and raised its 1st funding round 10 years after it was founded.

Rao IIT Academy is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.

Vinay Kumar is the current CEO of Rao IIT Academy.

As of Apr 08, 2024, the latest employee count at Rao IIT Academy is 168.

Annual revenue of Rao IIT Academy is $12.51M as on Mar 31, 2020.

Rao IIT Academy was established in 2008 by Dr. B.V. Rao, a research scientist with advanced degrees from IIT Madras and IIT Delhi. Coaching services for exams including ISEET, IIT-JEE, AIEEE, SAT, XII Boards, BITSAT, MH-CET, Olympiads, KVPY, and NTSE are provided. Operations are based in Mumbai, India, with over 25 centers currently active in the education sector focused on test preparation.

Rao IIT Academy's top competitors include Aakash Educational Services, Veranda Learning and MT Educare.

Rao IIT Academy has 1 investor. Key investors include Avendus.

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