Schoolnet India

Noida, India Founded: 1997 • Age: 29 yrs Acquired By Falafal Technology
K-12 digital learning solutions are provided for schools.
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About Schoolnet India

Schoolnet India is a company based in Noida (India) founded in 1997 was acquired by Falafal Technology in September 2020.. Schoolnet India has raised $8.19 million across 2 funding rounds from investors including GoodWorker, Genius Teacher and Falafal Technology. The company has 57 employees as of January 20, 2025. Schoolnet India has completed 2 acquisitions, including Genius Teacher and Nextsteps. Schoolnet India offers products and services including Geneo AI Apps, LMS, Smart Classrooms, and KYAN Device. Schoolnet India operates in a competitive market with competitors including Smart Technologies, Swivl, Educomp, mcSquares and Promethean World, among others.

  • Headquarter Noida, India
  • Employees 57 as on 20 Jan, 2025
  • Stage Minicorn
  • Sectors
    Education
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Schoolnet India Limited
  • Date of Incorporation 18 Dec, 1997
  • Jurisdiction New Delhi, Delhi, India
Operational Areas
Education → Education Technology (EdTech)
Key Metrics
  • Annual Revenue
    $57.98 M (USD)
    1.4
    as on Mar 31, 2021
  • Net Profit
    $926.86 K (USD)
    104.59
    as on Mar 31, 2021
  • EBITDA
    $4.29 M (USD)
    172.53
    as on Mar 31, 2021
  • Total Equity Funding
    $8.19 M (USD)

    in 2 rounds

  • Latest Funding Round
    $4.1 M (USD), Series A

    May 10, 2024

  • Investors
    GoodWorker

    & 2 more

  • Employee Count
    57

    as on Jan 20, 2025

  • Investments & Acquisitions
  • Acquired by
    Falafal Technology

    (Sep 03, 2020)

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Products & Services of Schoolnet India

Schoolnet India offers a comprehensive portfolio of products and services, including Geneo AI Apps, LMS, Smart Classrooms, and KYAN Device. 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.

Primary

AI apps for teachers and students to enhance learning experiences.

Centralized platform for managing schools and education statewide.

Interactive tools with offline content for faster, smarter learning.

Device for online learning and interactive teaching tools.

Funding Insights of Schoolnet India

Schoolnet India has successfully raised a total of $8.19M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $4.1 million completed in May 2024. 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 Rounds 2
  • Last Round Series A — $4.1M
  • First Round

    (10 May 2024)

  • Investors Count 2
Date Amount Transaction Name Valuation Lead Investors Investors
May, 2024 Amount Unspecified - Schoolnet India Valuation Genius Teacher , GoodWorker
May, 2024 Amount Series A - Schoolnet India Valuation GoodWorker
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Schoolnet India

Schoolnet India has secured backing from 3 investors, including institutional investors. Prominent investors backing the company include GoodWorker, Genius Teacher and Falafal Technology. 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.

All
Institutional
Investor Description Founded Year Domain Location
Company that connects job seekers with various job openings
Founded Year Domain Location
Exam preparation resources are delivered via a mobile platform.
Founded Year Domain Location
-
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Schoolnet India

Schoolnet India has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Genius Teacher and Nextsteps. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Acquisitions
Company Name Description Domain Location Founded Year Amount
AI-powered personalized learning platform is provided for education.
2017
Exam preparation resources are delivered via a mobile platform.
2013
Company Name Description Domain Location Founded Year Amount
OVO is recognized as a smart digital payment application.
2017
Bionic investment advisor platform
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014

Financial Statements - Schoolnet India

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Schoolnet India Comparisons

Employees
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Competitors of Schoolnet India

Schoolnet India 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 Smart Technologies, Swivl, Educomp, mcSquares and Promethean World, 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
Smart classroom solutions for schools
domain founded_year HQ Location
Automated video collaboration tools are offered for education.
domain founded_year HQ Location
Technology education solutions for K-12 schools are delivered.
domain founded_year HQ Location
Interactive dry-erase whiteboards are designed for educational collaboration.
domain founded_year HQ Location
Classroom digitalisation solutions including interactive hardware and software are provided.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Schoolnet India

Frequently Asked Questions about Schoolnet India

When was Schoolnet India founded?

Schoolnet India was founded in 1997 and raised its 1st funding round 27 years after it was founded.

Where is Schoolnet India located?

Schoolnet India is headquartered in Noida, India. It is registered at Noida, Uttar Pradesh, India.

Who is the current CEO of Schoolnet India?

Ramireddy Chandra Mowleeswar Reddy is the current CEO of Schoolnet India.

Is Schoolnet India a funded company?

Schoolnet India is a funded company, having raised a total of $8.19M across 2 funding rounds to date. The company's 1st funding round was a Unspecified of $4.1M, raised on May 10, 2024.

How many employees does Schoolnet India have?

As of Jan 20, 2025, the latest employee count at Schoolnet India is 57.

What is the annual revenue of Schoolnet India?

Annual revenue of Schoolnet India is $57.98M as on Mar 31, 2021.

What does Schoolnet India do?

Provider of K12 digital learning solutions. Its offerings include smart classroom hardware such as interactive projectors and panels, AIenabled LMS platforms, connected ICT labs, and synced school and afterschool learning apps. It also provides AIpowered lesson planning tools, English language training platforms, and managed ICT lab deployment and support. It uses AIdriven analytics, cloudbased LMS architecture, interactive content compatible with NEPaligned curricula, offline content delivery, and centralized classroom control systems.

Who are the top competitors of Schoolnet India?

Schoolnet India's top competitors include Swivl, Smart Technologies and Educomp.

What products or services does Schoolnet India offer?

Schoolnet India offers Geneo AI Apps, LMS, Smart Classrooms, and KYAN Device.

How many acquisitions has Schoolnet India made?

Schoolnet India has made 2 acquisitions, including Genius Teacher, and Nextsteps.

Who are Schoolnet India's investors?

Schoolnet India has 3 investors. Key investors include GoodWorker, Genius Teacher, and Falafal Technology.

What is Schoolnet India's valuation?

The valuation of Schoolnet India is $98.79M as of May 2024.

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