About Schoolay
Schoolay is an Education company based in Bengaluru (India) founded in 2018 by Hariharan Subramanian. Childrens apparel is offered by Schoolay as a dedicated brand. Schoolay has raised $1.49 million across 3 funding rounds from investors including Beenos, Seedfund and Beenext. Schoolay was last valued at $4.73 million in April 2020. Its focus areas include EdTech, K-12 EdTech, K-12 ECommerce and School Supplies. Its competitors include Bitoodle, Get My Books and Bookmrk; 1 of its 3 listed competitors has raised funding.
Company details
Schoolay was founded in 2018 in Bengaluru, India, as a brand specializing in childrens apparel. Operations are centered on designing and distributing clothing items tailored for young children, with a focus on school and everyday wear. The company is managed by co-founder Hariharan Subramanian, and its activities are conducted primarily within the Indian market to serve local families. No additional services beyond apparel provision are noted.
- Headquarters Bengaluru, India
- Founders Hariharan Subramanian
- Stage Minicorn
- SectorsEducation
- Email••••••••
- Phone•••• ••••
- Website schoolay.com
- Social LinkedIn X
- Annual Revenue$227.59 K (USD)-33as on Mar 31, 2024
- Net Profit-$19.2 K (USD)-597as on Mar 31, 2024
- EBITDA-$14.79 K (USD)-311as on Mar 31, 2024
- Total Equity Funding$1.49M (USD)
in 3 rounds
- Latest Funding Round$1.45M (USD), Seed
Apr 2020
- InvestorsBeenos
& 12 more
Associated legal entities of Schoolay
Schoolay is associated with 2 registered companies on The Company Check. Each company page carries the filings, financials, charges and directors of that entity.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Schoolay Heviico Private Limited CIN U46419KA2023PTC182068 | Active | 11 Dec 2023 | Bangalore, Karnataka | 2 | View details | ||
| Schoolay Technologies Private Limited CIN U74999KA2017PTC107643 | Active | 03 Nov 2017 | Bangalore, Karnataka | ₹3.1 Cr | 2 | View details |
Funding Insights of Schoolay
Schoolay has successfully raised a total of $1.49M across 3 strategic funding rounds. The most recent funding activity was a Seed round of $1.45 million completed in April 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 $1.49M
- Total Rounds 3
- Last Round Seed — $1.45M
- Investors Count 13
All 3 funding rounds of Schoolay with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr 2020 | $1.45M | Seed | $4.73M | Sequoia Capital | |
| Dec 2019 | $42,081 | Angel Round | $2.14M | Abdul Qadir | |
| Apr 2018 | Angel Round | $••••• | Amit Agarwal | – |
| Date | Valuation | Stage |
|---|---|---|
| Apr 2020 | $4.73M | •••••••• |
| Dec 2019 | $2.14M | •••••••• |
Last known valuation $4.73M (Apr 2020). 13 investors in total: 6 institutional and 7 angel.
Investors in Schoolay
Schoolay has secured backing from 13 investors, including venture fund and angel investors. Prominent investors backing the company include Beenos, Seedfund and Beenext.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Seed-stage tech-focused VC Firm funding companies in Asia, the Middle East and the US | 1999 | beenos.com | Tokyo, Japan | |
Early-stage venture capital fund | beenext.com | Singapore, Singapore | ||
Investments are made in multi-stage tech-focused startups. | rbworld.com | Singapore, Singapore | ||
Venture capital firm focused on early-stage startups | globalfounderscapital.com | Berlin, Germany | ||
Early-stage venture capital funding and support for Indian startups. | 2006 | seedfund.in | Mumbai, India | |
Sequoia Capital is engaged in venture capital investments. | 1972 | sequoiacap.com | ||
A Arivuselvam | unknown_d8c828a130f047bcb | |||
KS Kunal Shah | Founder of CRED, serial entrepreneur, and prominent Indian angel investor | unknown_b51faf4d05004356b | ||
MM Meeta Malhotra | Angel investor, co-founder of The Hard Copy, ex-venture capitalist | unknown_3df1e8f340ec45fdb | ||
HA Hashim Ali | unknown_2eff32fba79344bf9 |
Investor details for Schoolay
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
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Board of directors of Schoolay
The boards of the 2 registered companies of Schoolay currently have 2 directors; the longest-serving is Hariharan Subramanian, appointed in 2023. 2 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Hariharan Subramanian DIN 08187134 | Director | 11 Dec 2023 | 2 yrs 10 mo | Schoolay Heviico Private Limited, Schoolay Technologies Private Limited |
| Kiran Hiriyannagowda DIN 07978756 | Director | 11 Dec 2023 | 2 yrs 10 mo | Schoolay Heviico Private Limited, Schoolay Technologies Private Limited |
People of Schoolay
1 people are tracked at Schoolay (1 in leadership).
| Name | Role | Group |
|---|---|---|
| Co-Founder | Leadership |
Complete people profiles for Schoolay
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
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Verified entity values are shown only after access is granted.
Financials of Schoolay
Figures of Schoolay Technologies Private Limited, the primary company behind Schoolay, for FY 2025. Revenue was ₹3.12 Cr (+68% year on year). Net loss was -₹34.4 Lakh (-11% margin). EBITDA was -₹31.5 Lakh (-10% margin). Revenue has grown at a compounded annual rate of +13% over three years and -7% over five years.
- ₹3.12 CrRevenue · FY 2025 · +68% YoY
- -₹34.4 LakhNet loss · -11% margin
- -₹31.5 LakhEBITDA · -10% margin
- ₹17.2 LakhPaid-up capital
- +13%Revenue CAGR, 3 years
- -7%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Schoolay Technologies Private Limited are on its company page.
Detailed financial statements for Schoolay
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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- Downloads
Verified entity values are shown only after access is granted.
Timeline of Schoolay
4 dated milestones of Schoolay across 2 years, from founding to its latest funding, stage changes and deals.
- Founded Schoolay is founded.
- Funding First funding round.
- Milestone Reaches Minicorn status.
- Funding Latest funding round, Seed, of $1.5M.
Competitors of Schoolay
Schoolay has 3 listed competitors in our database, 1 of them funded. They include Bitoodle, Get My Books and Bookmrk.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| bitoodlebooks.com | 2017 | Noida, India | $323,906 | 54 | School supplies are sold through an Android e-commerce platform. | |
| getmybooks.com | 2017 | Kolkata, India | 265 | Operates an online e-commerce platform focused on products for kids. | ||
| bookmrk.in | 2020 | Lucknow, India | App-based platform offering a range of school supplies for easy purchasing. |
Detailed competitors of Schoolay
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
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Web traffic of Schoolay
The website of Schoolay (schoolay.com) receives about 1.1K visits a month.
- Monthly visits1.1K
▼ 10.3% vs previous month
Websites whose visitors overlap most with Schoolay. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
shopschoolay.com | shopschoolay.com | 100% | #4,538,197 | – |
Top companies in Education Technology Platforms
3 companies that operate in the same segment as Schoolay (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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Related news about Schoolay
Complete news archive for Schoolay
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Frequently Asked Questions about Schoolay
Schoolay was founded in 2018.
Schoolay is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Schoolay is a funded company, having raised a total of $1.49M across 3 funding rounds to date.
Annual revenue of Schoolay is $227.59K as on Mar 31, 2024.
Schoolay was founded in 2018 in Bengaluru, India, as a brand specializing in childrens apparel. Operations are centered on designing and distributing clothing items tailored for young children, with a focus on school and everyday wear. The company is managed by co-founder Hariharan Subramanian, and its activities are conducted primarily within the Indian market to serve local families. No additional services beyond apparel provision are noted.
Schoolay's top competitors include Bitoodle, Get My Books and Bookmrk.
Schoolay has 13 investors. Key investors include Beenos, Seedfund, Beenext, RB Investments, and Global Founders Capital.
The valuation of Schoolay is $4.73M as of Apr 2020.
Schoolay is associated with 2 legal entities: Schoolay Heviico Private Limited, Schoolay Technologies Private Limited.
The legal entities of Schoolay currently have 2 directors, including Hariharan Subramanian, Kiran Hiriyannagowda.