About Scholify
Scholify is an Education company based in Bengaluru (India) founded in 2018 by Mayank Pareek and Mithun Mohan. It provides a mobile platform for students to discover and apply for scholarships. It operates on a B2C model. Its chief executive, as recorded, is Mayank Pareek. Its focus areas include EdTech, Scholarship Services and Mobile Platforms. Its legal entity in India is Credivel Solutions Private Limited (U80301KA2018PTC111135). Its competitors include Buddy4study, Edoofa and Edugrants; 2 of its 3 listed competitors have raised funding.
Company details
Scholify provides a mobile platform for students to discover and apply for scholarships through involved in educational services, edtech, scholarship services, and mobile platforms. Prioritizing client-centric approaches, it ensures high-quality outcomes, innovation, and sustainable practices in its field. It continues to evolve, meeting industry challenges with strategic approaches.
- Headquarters Bengaluru, India
- Founders Mayank Pareek, Mithun Mohan
- SectorsEducation
- Email••••••••
- Website scholifyme.com
- Social LinkedIn X Facebook Instagram
- Legal Name Credivel Solutions Private Limited
- Date of Incorporation 14 Mar, 2018
- Jurisdiction Bangalore, Karnataka, India
- Annual Revenue₹19,640
FY 2024 · -12% YoY
- Net Loss-₹8,924
FY 2024 · -45% margin
Associated legal entities of Scholify
Scholify operates through Credivel Solutions Private 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 |
|---|---|---|---|---|---|---|---|
| Credivel Solutions Private Limited CIN U80301KA2018PTC111135 | Active | 14 Mar 2018 | Bangalore, Karnataka | ₹0.0 Cr | 3 | View details |
Board of directors of Credivel Solutions Private Limited (Scholify)
Credivel Solutions Private Limited is the primary company behind Scholify. The board of Credivel Solutions Private Limited currently have 3 directors; the longest-serving is Madan Gopal Pareek, appointed in 2018.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Madan Gopal Pareek DIN 08085608 | Director | 14 Mar 2018 | 8 yrs 7 mo | Credivel Solutions Private Limited |
| Mayank Pareek DIN 07946050 | Director | 14 Mar 2018 | 8 yrs 7 mo | Credivel Solutions Private Limited |
| Nitin Ramdayal Goyal DIN 08224864 | Director | 28 Aug 2018 | 8 yrs 1 mo | Credivel Solutions Private Limited |
People of Scholify
2 people are tracked at Scholify (2 in leadership).
| Name | Role | Group |
|---|---|---|
| Co-Founder, CEO | Leadership | |
Mithun Mohan | Co-Founder | Leadership |
Complete people profiles for Scholify
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Financials of Scholify
Figures of Credivel Solutions Private Limited, the primary company behind Scholify, for FY 2024. Revenue was ₹19,640 (-12% year on year). Net loss was -₹8,924 (-45% margin).
- ₹19,640Revenue · FY 2024 · -12% YoY
- -₹8,924Net loss · -45% margin
- ₹1 LakhPaid-up capital
Balance sheet, profit and loss, cash flow and ratios of Credivel Solutions Private Limited are on its company page.
Detailed financial statements for Scholify
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Competitors of Scholify
Scholify has 3 listed competitors in our database, 2 of them funded. They include Buddy4study, Edoofa and Edugrants.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| buddy4study.com | 2011 | Noida, India | $3.58M | 112 | Scholarship search and management solutions are provided to students. | |
| edoofa.com | 2009 | Gurugram, India | $39,821 | Online guidance for admission and scholarship | ||
| edugrants.in | 2019 | India | Operates an online portal connecting students with scholarship providers. |
Detailed competitors of Scholify
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- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
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Top companies in Education Technology Platforms
3 companies that operate in the same segment as Scholify (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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Frequently Asked Questions about Scholify
Scholify was founded in 2018.
Scholify is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Mayank Pareek is the CEO of Scholify, as recorded in our data. They have also founded this company.
The primary company behind Scholify, Credivel Solutions Private Limited, reported revenue of ₹19,640 for FY 2024, down 12% year on year.
Scholify provides a mobile platform for students to discover and apply for scholarships through involved in educational services, edtech, scholarship services, and mobile platforms. Prioritizing client-centric approaches, it ensures high-quality outcomes, innovation, and sustainable practices in its field. It continues to evolve, meeting industry challenges with strategic approaches.
Scholify's top competitors include Buddy4study, Edoofa and Edugrants.
Scholify operates through Credivel Solutions Private Limited.
The legal entities of Scholify currently have 3 directors, including Madan Gopal Pareek, Mayank Pareek, Nitin Ramdayal Goyal.