Shirsa Labs

Mumbai, India Founded: 2013 • Age: 13 yrs Minicorn
Online cognitive training programs for kids and teenagers are delivered.

About Shirsa Labs

Shirsa Labs is an Education company based in Mumbai (India) founded in 2013. Online cognitive training programs for kids and teenagers are delivered. Shirsa Labs has raised $676.83 thousand across 6 funding rounds from investors including Rohan Builders, Purple Ventures and Vishwas Warehousing And Trading. Shirsa Labs was last valued at $5.46 million in April 2017. Its Indian entity Shirsa Labs Private Limited reported revenue of β‚Ή1.22 Cr. Its focus areas include EdTech, Continued Learning, Vocational and Brain Training.

Company details

Shirsa Labs was founded in 2013 in Mumbai, India, within the edtech sector. Online programs for cognitive skill development in children and teenagers are provided, targeting agility, focus, memory, critical thinking, and problem-solving. Interactive games form the core activities, with quarterly progress reports issued to parents for monitoring. Customized plans for schools are also made available.

Key Metrics
  • Annual Revenue
    ₹1.22 Cr

    FY 2019 · -37% YoY

  • Net Loss
    -₹64.2 Lakh

    FY 2019 · -53% margin

  • EBITDA
    -₹44.2 Lakh

    FY 2019 · -36% margin

  • Total Equity Funding
    $676.83K (USD)

    in 6 rounds

  • Latest Funding Round
    $42.3K (USD), Seed

    Mar 2019

  • Investors

Funding Insights of Shirsa Labs

Shirsa Labs has successfully raised a total of $676.83K across 6 strategic funding rounds. The most recent funding activity was a Seed round of $42.3 thousand completed in March 2019. 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 $676,829
  • Total Rounds 6
  • Last Round Seed β€” $42,302
  • First Round $44,927

    (Nov 2014)

  • Investors Count 33

All 6 funding rounds of Shirsa Labs with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Mar 2019$42,302Seed–Vishwas Warehousing And Trading, Shikargah Investment And Trading
–
Apr 2017$152,347Seed$5.46MMadhukar Shukla, Vishwas Warehousing And Trading
Feb 2017$55,291Seed$5.09MAtul Agarwal, Surendra Srivastava
Dec 2015$131,962Seed$β€’β€’β€’β€’β€’M P Singh, Abhimanyu Singh
Nov 2015$250,000Angel Round––
Nov 2014$44,927Angel Round–Avishkar Nikale
Valuation history
DateValuationStage
Apr 2017$5.46Mβ€’β€’β€’β€’β€’β€’β€’β€’
Feb 2017$5.09Mβ€’β€’β€’β€’β€’β€’β€’β€’
Dec 2015$β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’
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Full valuation and stage history of Shirsa Labs

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Last known valuation $5.46M (Apr 2017). 33 investors in total: 6 institutional and 27 angel.

Investors in Shirsa Labs

Shirsa Labs has secured backing from 33 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Rohan Builders, Purple Ventures and Vishwas Warehousing And Trading.

All
Venture Fund
Institutional
Angel
InvestorDescriptionFounded YearDomainLocation
Angel investments in early-stage ventures are managed by the firm.
vishwaswarehousingandtrading.tcc.modeMormugao, India
Incubation and management consulting services are provided for start-ups and emerging businesses across various sectors.
2011purpleventures.co.inMumbai, India
Provider of financial & investment services
shikargahinvestmentandtrading.tcc.mode
shreevakpatisharesandsecurities.tcc.mode
Provider of real estate and infrastructure developer services
1993rohanbuilders.comPune, India
Fundraising is enabled for startups through an investor connection platform.
ahventures.inMumbai, India

Madhukar Shukla

unknown_b49644b00bb34cffa

Vinod Alkari

unknown_b2d8d96098204ae8b

Yusuf H Kheriwalla

unknown_0a88df51229341aa9

Mahesh Kothurkar

unknown_85b5df40cec84b35a
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Investor details for Shirsa Labs

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Board of directors of Shirsa Labs Private Limited (Shirsa Labs)

Shirsa Labs Private Limited is the primary company behind Shirsa Labs. The board of Shirsa Labs Private Limited currently have 2 directors; the longest-serving is Sukhada Sudhir Tendulkar, appointed in 2013. 2 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Sukhada Sudhir Tendulkar
DIN 06632795
Director14 Oct 201313 yrsShirsa Labs Private Limited
Mandar Manohar Desai
DIN 03414683
Director14 Oct 201313 yrsShirsa Labs Private Limited

Financials of Shirsa Labs

Figures of Shirsa Labs Private Limited, the primary company behind Shirsa Labs, for FY 2019. Revenue was ₹1.22 Cr (-37% year on year). Net loss was -₹64.2 Lakh (-53% margin). EBITDA was -₹44.2 Lakh (-36% margin). Revenue has grown at a compounded annual rate of +7% over three years and +172% over five years.

  • ₹1.22 CrRevenue · FY 2019 · -37% YoY
  • -₹64.2 LakhNet loss · -53% margin
  • -₹44.2 LakhEBITDA · -36% margin
  • ₹38.7 LakhPaid-up capital
  • +7%Revenue CAGR, 3 years
  • +172%Revenue CAGR, 5 years

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

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Timeline of Shirsa Labs

4 dated milestones of Shirsa Labs across 6 years, from founding to its latest funding, stage changes and deals.

  1. Founded Shirsa Labs is founded.
  2. Funding First funding round of $45K.
  3. Milestone Reaches Minicorn status.
  4. Funding Latest funding round, Seed, of $42K.

Top companies in Corporate & Professional Learning Platforms

2 companies that operate in the same segment as Shirsa Labs (Corporate & Professional Learning Platforms) in India, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Professional certification training courses are provided via an online platform.
2015Mumbai, Maharashtra, IndiaUSD 371.77 MUSD 143.62 M6,673
Vernacular-based hyperlocal platform for online programming mentoring is developed.
2014Chennai, Tamil Nadu, IndiaUSD 3.9 MUSD 4.13 M496
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Related news about Shirsa Labs

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Frequently Asked Questions about Shirsa Labs

Shirsa Labs was founded in 2013 and raised its 1st funding round 1 year after it was founded.

Shirsa Labs is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.

Shirsa Labs is a funded company, having raised a total of $676.83K across 6 funding rounds to date. The company's 1st funding round was a Angel Round of $44.93K, raised on Nov 2014.

The primary company behind Shirsa Labs, Shirsa Labs Private Limited, reported revenue of β‚Ή1.22 Cr for FY 2019, down 37% year on year.

Shirsa Labs was founded in 2013 in Mumbai, India, within the edtech sector. Online programs for cognitive skill development in children and teenagers are provided, targeting agility, focus, memory, critical thinking, and problem-solving. Interactive games form the core activities, with quarterly progress reports issued to parents for monitoring. Customized plans for schools are also made available.

Shirsa Labs has 33 investors. Key investors include Rohan Builders, Purple Ventures, Vishwas Warehousing And Trading, Shikargah Investment And Trading, and Madhukar Shukla.

The valuation of Shirsa Labs is $5.46M as of Apr 2017.

Shirsa Labs operates through Shirsa Labs Private Limited.

The legal entities of Shirsa Labs currently have 2 directors, including Sukhada Sudhir Tendulkar, Mandar Manohar Desai.

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