Scholr

Mumbai, India Founded: 2015 • Age: 11 yrs Minicorn Acquired By BYJU'S
Provider of homework assistance for students

About Scholr

Scholr is a Media & Entertainment company based in Mumbai (India) founded in 2015, and was acquired by BYJU'S in February 2021. Provider of homework assistance for students. It operates in the Media & Entertainment and Education sectors. Scholr has raised $362.98 thousand across 5 funding rounds from investors including BYJU'S, 50k Ventures and CIE IIITH. Scholr was last valued at $1.3 million in August 2019. Its Indian entity Inspilearn Education Private Limited reported revenue of β‚Ή36.4 Lakh. Scholr offers products and services including Scholr App, Video Solutions, and Peer Community. Its focus areas include EdTech, K-12 EdTech, Online Learning Communities and Q & A.

Company details

Scholr was founded in 2015 in Mumbai, India, as an edtech platform focused on homework support. Students are enabled to capture problem snapshots through a mobile app, receiving step-by-step guidance for mathematics, physics, chemistry, and biology queries. Artificial intelligence is employed to generate solutions. The service operates via applications available on both Android and iOS platforms, serving users primarily in educational contexts.

Key Metrics
  • Annual Revenue
    ₹36.4 Lakh

    FY 2022 · -25% YoY

  • Net Profit
    ₹23.3 Lakh

    FY 2022 · 64% margin

  • EBITDA
    ₹32.1 Lakh

    FY 2022 · 88% margin

  • Total Equity Funding
    $362.98K (USD)

    in 5 rounds

  • Latest Funding Round
    $108.09K (USD), Angel Round

    Nov 2020

  • Investors
    BYJU'S

    & 10 more

  • Acquired by
    BYJU'S

    (Feb 2021)

Products & Services of Scholr

Scholr offers a comprehensive portfolio of products and services, including Scholr App, Video Solutions, and Peer Community.

Scholr App
Educational Tool

AI app for instant doubt solving and step-by-step homework help.

Video Solutions
Learning Resource

High-quality videos explaining complex problems clearly.

Peer Community
Interactive Platform

Forum for students to ask and answer queries collaboratively.

Apps and channels of Scholr

its YouTube channel Scholr has 47 subscribers and 13 videos.

Scholr
YouTube 47 subscribers 13 videos Other
Open channel

Videos from Scholr

The most watched videos on Scholr's YouTube channel, Scholr (47 subscribers). Click a video to play it here.

Scholr Demo Video
2.5K views
CBSE G10 Math Video4
516 views
Scholr Demo Video 2019
345 views
CBSE G10 Math Video8
163 views

More on Scholr.

Funding Insights of Scholr

Scholr has successfully raised a total of $362.98K across 5 strategic funding rounds. The most recent funding activity was a Angel Round of $108.09 thousand completed in November 2020. 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.

  • Total Funding $362,979
  • Total Rounds 5
  • Last Round Angel Round β€” $108,091
  • First Round $14,702

    (Dec 2016)

  • Investors Count 10

All 5 funding rounds of Scholr with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Nov 2020$108,091Angel Round––
–
Sep 2019Seed–CIE IIITH
–
Aug 2019$91,017Seed$1.3MLitchi
–
Jun 2018$149,169Seed$1.28MLitchi
Dec 2016$14,702Seed$β€’β€’β€’β€’β€’CIE IIITH, IIIT-H Foundation
Valuation history
DateValuationStage
Aug 2019$1.3Mβ€’β€’β€’β€’β€’β€’β€’β€’
Jun 2018$1.28Mβ€’β€’β€’β€’β€’β€’β€’β€’

Last known valuation $1.3M (Aug 2019). 11 investors in total: 5 institutional and 6 angel.

Investors in Scholr

Scholr has secured backing from 11 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include BYJU'S, 50k Ventures and CIE IIITH.

All
Venture Fund
Institutional
Angel
InvestorDescriptionFounded YearDomainLocation
Startups in deep tech and related fields are supported.
2008cie.iiit.ac.inHyderabad, India
Venture capital firm investing in tech startups
201450kventures.comHyderabad, India
Educational knowledge is delivered through a dedicated centre in India.
2009litchi.co.inGhaziabad, India
Online learning programs for K-12 education are delivered.
2011byjus.comBengaluru, India

Danish Faruqui

unknown_453d22b9d2c2409a8

Rahul Khemka

unknown_8134d06cf1cb47c39

Anip Sharma

unknown_74080567b1ba44d6a

Danish Faruqui

unknown_527ad7ddf00a4383b

Vineel Nalla

Founder of 50Fin, fintech innovator, and active angel investor in India.
unknown_630de45f06fd4c379

Chepuri Laxminarasimha Rao

unknown_d4cc10746f944861b
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Investor details for Scholr

The complete investor list, round-by-round participation and investor portfolios require an active premium plan.

  • Complete investor list
  • Round participation
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Verified entity values are shown only after access is granted.

Board of directors of Inspilearn Education Private Limited (Scholr)

Inspilearn Education Private Limited is the primary company behind Scholr. The board of Inspilearn Education Private Limited currently have 2 directors; the longest-serving is Himanshu Nimje, appointed in 2015. 4 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Himanshu Nimje
DIN 06963772
Director01 Dec 201510 yrs 11 moInspilearn Education Private Limited
Riju Ravindran
DIN 03416072
Director15 Jan 20215 yrs 9 moInspilearn Education Private Limited

Financials of Scholr

Figures of Inspilearn Education Private Limited, the primary company behind Scholr, for FY 2022. Revenue was ₹36.4 Lakh (-25% year on year). Net profit was ₹23.3 Lakh (64% margin). EBITDA was ₹32.1 Lakh (88% margin). Revenue has grown at a compounded annual rate of +209% over three years and +19% over five years.

  • ₹36.4 LakhRevenue · FY 2022 · -25% YoY
  • ₹23.3 LakhNet profit · 64% margin
  • ₹32.1 LakhEBITDA · 88% margin
  • ₹1.4 LakhPaid-up capital
  • +209%Revenue CAGR, 3 years
  • +19%Revenue CAGR, 5 years

Balance sheet, profit and loss, cash flow and ratios of Inspilearn Education Private Limited are on its company page.

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Detailed financial statements for Scholr

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.

Timeline of Scholr

5 dated milestones of Scholr across 6 years, from founding to its latest funding, stage changes and deals.

  1. Founded Scholr is founded.
  2. Funding First funding round of $15K.
  3. Milestone Reaches Minicorn status.
  4. Funding Latest funding round, Angel Round, of $108K.
  5. Exit Acquired by BYJU'S.
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Related news about Scholr

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Complete news archive for Scholr

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Frequently Asked Questions about Scholr

Scholr was founded in 2015 and raised its 1st funding round 1 year after it was founded.

Scholr is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.

Scholr is a funded company, having raised a total of $362.98K across 5 funding rounds to date. The company's 1st funding round was a Seed of $14.7K, raised on Dec 2016.

The primary company behind Scholr, Inspilearn Education Private Limited, reported revenue of β‚Ή36.4 Lakh for FY 2022, down 25% year on year.

Scholr was founded in 2015 in Mumbai, India, as an edtech platform focused on homework support. Students are enabled to capture problem snapshots through a mobile app, receiving step-by-step guidance for mathematics, physics, chemistry, and biology queries. Artificial intelligence is employed to generate solutions. The service operates via applications available on both Android and iOS platforms, serving users primarily in educational contexts.

Scholr offers Scholr App, Video Solutions, and Peer Community.

Scholr has 11 investors. Key investors include BYJU'S, 50k Ventures, CIE IIITH, Litchi, and Danish Faruqui.

The valuation of Scholr is $1.3M as of Aug 2019.

Scholr operates through Inspilearn Education Private Limited.

Yes. Scholr was acquired by BYJU'S in February 2021.

The legal entities of Scholr currently have 2 directors, including Himanshu Nimje, Riju Ravindran.

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