About Scholr
Scholr is a company based in Mumbai (India) founded in 2015 was acquired by BYJU'S in February 2021.. Scholr has raised $254.89 thousand across 4 funding rounds from investors including BYJU'S, 50k Ventures and CIE IIITH. Scholr offers products and services including Scholr App, Video Solutions, and Peer Community. Scholr operates in a competitive market with competitors including ClassDojo, Brainly, Goodwall, Cricket Media and Answers, among others.
- Headquarter Mumbai, India
- Stage Minicorn
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Sectors
Media & EntertainmentEducation
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Inspilearn Education Private Limited
- Date of Incorporation 01 Dec, 2015
- Jurisdiction Nagpur, Maharashtra, India
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Annual Revenue
$44 K (USD)-25.05as on Mar 31, 2022
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Net Profit
$28.16 K (USD)679.61as on Mar 31, 2022
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EBITDA
$38.86 K (USD)243as on Mar 31, 2022
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Total Equity Funding
$254.89 K (USD)
in 4 rounds
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Latest Funding Round
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Investors
BYJU'S
& 10 more
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Employee Count
Employee Count
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Acquired by
BYJU'S
(Feb 18, 2021)
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Products & Services of Scholr
Scholr offers a comprehensive portfolio of products and services, including Scholr App, Video Solutions, and Peer Community. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
AI app for instant doubt solving and step-by-step homework help.
High-quality videos explaining complex problems clearly.
Forum for students to ask and answer queries collaboratively.
Funding Insights of Scholr
Scholr has successfully raised a total of $254.89K across 4 strategic funding rounds. 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 Total Funding
- Total Rounds 4
- Last Round Last Round
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First Round
First Round
(21 Dec 2016)
- Investors Count 10
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep, 2019 | Amount | Seed - Scholr | Valuation | CIE IIITH |
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| Aug, 2019 | Amount | Seed - Scholr | Valuation | Litchi |
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| Jun, 2018 | Amount | Seed - Scholr | Valuation | Litchi |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Startups in deep tech and related fields are supported.
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Founded Year | Domain | Location | |
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Venture capital firm investing in tech startups
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Founded Year | Domain | Location | |
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Educational knowledge is delivered through a dedicated centre in India.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Scholr
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Scholr
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Scholr Comparisons
Competitors of Scholr
Scholr 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 ClassDojo, Brainly, Goodwall, Cricket Media and Answers, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Real-time classroom behavior feedback is delivered to students by teachers.
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| domain | founded_year | HQ Location |
Learning resources for school students are provided via question-answering platform.
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| domain | founded_year | HQ Location |
Online learning community for students and young professionals
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| domain | founded_year | HQ Location |
Children's educational magazines, language programs, and eMentoring services are provided.
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| domain | founded_year | HQ Location |
Questions are asked and answered on a social Q&A platform.
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| domain | founded_year | HQ Location |
Mobile-based platform providing social streaming services for kids
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Scholr
Frequently Asked Questions about Scholr
When was Scholr founded?
Scholr was founded in 2015 and raised its 1st funding round 1 year after it was founded.
Where is Scholr located?
Scholr is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Is Scholr a funded company?
Scholr is a funded company, having raised a total of $254.89K across 4 funding rounds to date. The company's 1st funding round was a Seed of $149.17K, raised on Dec 21, 2016.
What is the annual revenue of Scholr?
Annual revenue of Scholr is $44K as on Mar 31, 2022.
What does Scholr do?
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.
Who are the top competitors of Scholr?
What products or services does Scholr offer?
Scholr offers Scholr App, Video Solutions, and Peer Community.
Who are Scholr's investors?
Scholr has 11 investors. Key investors include BYJU'S, 50k Ventures, CIE IIITH, Litchi, and Danish Faruqui.
What is Scholr's valuation?
The valuation of Scholr is $1.3M as of Aug 2019.
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