About Resonance Eduventures
Resonance Eduventures is a company based in Kota (India) founded in 2001 by Chandalal Verma and Sunita Verma. Resonance Eduventures has raised $94.84 million across 3 funding rounds from investors including Milestone Religare Investments, TA Associates and Castor Investment Holdings. The company has 525 employees as of March 28, 2024. Resonance Eduventures offers products and services including JEE Coaching, NEET Coaching, Online Programs, Distance Learning, and Test Series. Resonance Eduventures operates in a competitive market with competitors including Aakash Educational Services, Veranda Learning, Career Launcher, CLEducate and Career Point, among others.
- Headquarter Kota, India
- Employees 525 as on 28 Mar, 2024
- Founders Chandalal Verma, Sunita Verma
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Sectors
Education
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Phone
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Website
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Social
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- Legal Name Resonance Eduventures Limited
- Jurisdiction Kota, Rajasthan, India
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Annual Revenue
$21.63 M (USD)27.66as on Mar 31, 2023
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Net Profit
$1.06 M (USD)-7.65as on Mar 31, 2023
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EBITDA
$697.37 K (USD)-61.38as on Mar 31, 2023
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Total Equity Funding
$94.84 M (USD)
in 3 rounds
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Latest Funding Round
$59.5 M (USD), Series C
Jul 11, 2016
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Investors
Milestone Religare Investments
& 2 more
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Employee Count
525
as on Mar 28, 2024
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Products & Services of Resonance Eduventures
Resonance Eduventures offers a comprehensive portfolio of products and services, including JEE Coaching, NEET Coaching, Online Programs, Distance Learning, and Test Series.
Programs for JEE Main and Advanced exam preparation
Courses for medical entrance exam readiness
Digital courses for JEE and NEET via recorded lectures
Self-paced study materials for competitive exams
Mock tests and practice papers for exam simulation
Funding Insights of Resonance Eduventures
Resonance Eduventures has successfully raised a total of $94.84M across 3 strategic funding rounds. The most recent funding activity was a Series C round of $59.5 million completed in July 2016. 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.
Investors in Resonance Eduventures
Resonance Eduventures has secured backing from 3 investors, including venture fund and institutional investors. Prominent investors backing the company include Milestone Religare Investments, TA Associates and Castor Investment Holdings.
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Private equity investments are directed across multiple sectors.
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Investor details for Resonance Eduventures
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Investments & Acquisitions by Resonance Eduventures
Investment portfolio details for Resonance Eduventures
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Financial Statements - Resonance Eduventures
Detailed financials for Resonance Eduventures
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Resonance Eduventures Comparisons
Peer comparison for Resonance Eduventures
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Competitors of Resonance Eduventures
Resonance Eduventures 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.
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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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Detailed competitors of Resonance Eduventures
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Latest news on Resonance Eduventures
Complete news archive for Resonance Eduventures
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Frequently Asked Questions about Resonance Eduventures
Resonance Eduventures was founded in 2001 and raised its 1st funding round 9 years after it was founded.
Resonance Eduventures is headquartered in Kota, India. It is registered at Kota, Rajasthan, India.
Resonance Eduventures is a funded company, having raised a total of $94.84M across 3 funding rounds to date.
As of Mar 28, 2024, the latest employee count at Resonance Eduventures is 525.
Annual revenue of Resonance Eduventures is $21.63M as on Mar 31, 2023.
Resonance offers multiple programs like yearlong classroom contact programs (YCCP) for students of 12th and drop-outs, pre-foundation career care program (PCCP) for students of VII, VIII, IX and X. Also offers distance learning programs to students, who cant attend its classroom courses. Initially offered only IITJEE training and diversified into AIPMT, AIEEE, NTSE, KVPY, Olympiads and other specialized exams. Resonance has also forayed into education institutes like schools, colleges and universities. Presence across 19 cities through 22 independent study centers and 12 integrated coaching centers, with 40,000 students.
Resonance Eduventures's top competitors include Aakash Educational Services, Veranda Learning and MT Educare.
Resonance Eduventures offers JEE Coaching, NEET Coaching, Online Programs, Distance Learning, and Test Series.
Resonance Eduventures has 3 investors. Key investors include Milestone Religare Investments, TA Associates, and Castor Investment Holdings.