SKILL MONKS

Hyderabad, India Founded: 2016 • Age: 10 yrs Minicorn
IT-related courses are delivered via an online learning platform.

About SKILL MONKS

SKILL MONKS is an Education company based in Hyderabad (India) founded in 2016 by Rameswar Mandali. It operates as an IT-related courses are delivered via an online learning platform. SKILL MONKS has raised $304.07 thousand across 2 funding rounds from investors including Bejju Vasantha, Yasasvi Malka and Manohar Potnuru. SKILL MONKS was last valued at $2.2 million in September 2019. Its chief executive is Rameswar Mandali. Its Indian entity Scuti Tech Labs Private Limited reported revenue of β‚Ή26 Lakh. Its focus areas include EdTech, Continued Learning, Professional and Online Learning. Its competitors include Simplilearn, Imarticus Learning, Unstop, Emeritus and Maven and 5 more; 7 of its 10 listed competitors have raised funding.

Company details

Skill Monks was established in 2016 in Hyderabad, India, as an online platform focused on education in the IT sector. Courses, training programs, and learning materials are offered on subjects including data science, information security, Python, mobile app development, digital marketing, and AWS. Operations are conducted digitally to serve learners globally from its base in India.

  • Headquarters Hyderabad, India
  • Founders Rameswar Mandali
  • Stage Minicorn
  • Sectors
    Education
  • Email
    β€’β€’β€’β€’β€’β€’β€’β€’
  • Phone
    β€’β€’β€’β€’ β€’β€’β€’β€’
  • Website skillmonks.com
  • Social LinkedIn X Facebook
  • Legal Name Scuti Tech Labs Private Limited
  • Date of Incorporation 25 Apr, 2017
  • Jurisdiction Hyderabad, Telangana, India
Key Metrics
  • Annual Revenue
    ₹26 Lakh

    FY 2021 · +99% YoY

  • Net Loss
    -₹1.42 Cr

    FY 2021 · -547% margin

  • EBITDA
    -₹1.39 Cr

    FY 2021 · -534% margin

  • Total Equity Funding
    $304.07K (USD)

    in 2 rounds

  • Latest Funding Round
    $279.22K (USD), Angel Round

    Sep 2019

Funding Insights of SKILL MONKS

SKILL MONKS has successfully raised a total of $304.07K across 2 strategic funding rounds. The most recent funding activity was a Angel Round of $279.22 thousand completed in September 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 $304,066
  • Total Rounds 2
  • Last Round Angel Round β€” $279,221
  • First Round $24,845

    (Jun 2017)

  • Investors Count 4

All 2 funding rounds of SKILL MONKS with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Sep 2019$279,221Angel Round$2.2MBejju Vasantha, Yasasvi Malka
–
Jun 2017$24,845Angel Round$311,199Manohar Potnuru
Valuation history
DateValuationStage
Sep 2019$2.2Mβ€’β€’β€’β€’β€’β€’β€’β€’

Last known valuation $2.2M (Sep 2019). 4 investors in total: 0 institutional and 4 angel.

Investors in SKILL MONKS

SKILL MONKS has secured backing from 4 investors, including angel investors. Prominent investors backing the company include Bejju Vasantha, Yasasvi Malka and Manohar Potnuru.

All
Angel
InvestorDescriptionFounded YearDomainLocation

Bejju Vasantha

-
–unknown_82ea09ac499f483c8-

Yasasvi Malka

-
–unknown_102bc5f4f23c4d398-

Manohar Potnuru

-
–unknown_084cfdb8869a47068-

Sirisha Penmetsa

-
–unknown_35c4b90ba1104f26a-
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Investor details for SKILL MONKS

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Board of directors of Scuti Tech Labs Private Limited (SKILL MONKS)

Scuti Tech Labs Private Limited is the primary company behind SKILL MONKS. The board of Scuti Tech Labs Private Limited currently have 5 directors; the longest-serving is Sai Ramana Ramanjana, appointed in 2017. 5 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Sai Ramana Ramanjana
DIN 02720052
Director25 Apr 20179 yrs 5 moScuti Tech Labs Private Limited
Rameswar Hari Basavanjaneya Mandali
DIN 07472508
Managing Director01 Jun 20179 yrs 4 moScuti Tech Labs Private Limited
Satya Narayana Vaddi
DIN 07727194
Director14 Aug 20197 yrs 2 moScuti Tech Labs Private Limited
Yasasvi Malka
DIN 08491502
Director14 Aug 20197 yrs 2 moScuti Tech Labs Private Limited
Siddhartha Kumar Chinthapally
DIN 03529760
Director14 Aug 20197 yrs 2 moScuti Tech Labs Private Limited

People of SKILL MONKS

1 people are tracked at SKILL MONKS (1 in leadership).

NameRoleGroup
Founder & CEOLeadership
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Financials of SKILL MONKS

Figures of Scuti Tech Labs Private Limited, the primary company behind SKILL MONKS, for FY 2021. Revenue was ₹26 Lakh (+99% year on year). Net loss was -₹1.42 Cr (-547% margin). EBITDA was -₹1.39 Cr (-534% margin). Revenue has grown at a compounded annual rate of +67% over three years.

  • ₹26 LakhRevenue · FY 2021 · +99% YoY
  • -₹1.42 CrNet loss · -547% margin
  • -₹1.39 CrEBITDA · -534% margin
  • ₹18.5 LakhPaid-up capital
  • +67%Revenue CAGR, 3 years

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

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Detailed financial statements for SKILL MONKS

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Timeline of SKILL MONKS

4 dated milestones of SKILL MONKS across 3 years, from founding to its latest funding, stage changes and deals.

  1. Founded SKILL MONKS is founded.
  2. Funding First funding round of $25K.
  3. Funding Latest funding round, Angel Round, of $279K.
  4. Milestone Reaches Minicorn status.

Competitors of SKILL MONKS

SKILL MONKS has 10 listed competitors in our database, 7 of them funded. They include Simplilearn, Imarticus Learning, Unstop, Emeritus and Maven, among others.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
simplilearn.com2010San Francisco, United States$80.82M–
Professional certification programs are delivered through a mobile platform.
imarticus.org2012Mumbai, India$11.71M691
Job-oriented courses and programs are offered to professionals and freshers.
unstop.com2017Delhi, India$5.28M54
Online platform for talent engagement and skill based hiring
emeritus.org2015Singapore––
Provider of online professional development courses
maven.com2020Remote, United States$25.07M42,995
Online learning platform focused on career growth is operated.
mycaptain.in2013Bengaluru, India$4.7M2
Multi-disciplinary online courses and workshops are provided by the platform.
ablejobs.co2019Bengaluru, India$2.36M6
Online candidate assistance is provided through tools and training platforms.
talentedge.com2012Mumbai, India––
Live online digital courses on various topics are provided.
herovired.com2020Delhi, India$19.35M225
Provider of online certification courses and programs for professional development
ostad.app2020Dhaka, Bangladesh––
Skill development courses are delivered via an online platform.
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Detailed competitors of SKILL MONKS

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Verified entity values are shown only after access is granted.

Top companies in Corporate & Professional Learning Platforms

10 companies that operate in the same segment as SKILL MONKS (Corporate & Professional Learning Platforms), ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Developer of a platform providing gamified language learning through interactive exercises
2011Pittsburgh, Pennsylvania, United StatesUSD 183.3 MUSD 748.02 M900
Professional certification training courses are provided via an online platform.
2015Mumbai, Maharashtra, IndiaUSD 371.77 MUSD 143.62 M6,673
Cloud-based LMS platform for IT industry
2004Farmington, Utah, United StatesUSD 235.41 MUSD 4.95 M1,774
Professional certification programs are delivered through a mobile platform.
2010San Francisco, California, United StatesUSD 80.82 MUSD 84.24 M1,661
An online platform for multi-course education is operated.
2012Mountain View, California, United StatesUSD 443.17 MUSD 757.5 M6,667
Online courses in creative fields are delivered by celebrity experts.
2012San Francisco, California, United StatesUSD 461.4 M–809
Executive education programs from global universities are offered to professionals.
2010Singapore, Singapore, SingaporeUSD 742.17 M–123
Vernacular-based hyperlocal platform for online programming mentoring is developed.
2014Chennai, Tamil Nadu, IndiaUSD 3.9 MUSD 4.13 M496
Mobile and cloud-based resources for medical exams are delivered.
2012Berlin, Berlin, GermanyUSD 291.94 M––
One-to-one online English tutoring is provided by 51Talk.
2011Beijing, ChinaUSD 89 MUSD 95.85 M539
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Frequently Asked Questions about SKILL MONKS

SKILL MONKS was founded in 2016 and raised its 1st funding round 1 year after it was founded.

SKILL MONKS is headquartered in Hyderabad, India. It is registered at Hyderabad, Telangana, India.

Rameswar Mandali is the current CEO of SKILL MONKS. They have also founded this company.

SKILL MONKS is a funded company, having raised a total of $304.07K across 2 funding rounds to date. The company's 1st funding round was a Angel Round of $24.85K, raised on Jun 2017.

The primary company behind SKILL MONKS, Scuti Tech Labs Private Limited, reported revenue of β‚Ή26 Lakh for FY 2021, up 99% year on year.

Skill Monks was established in 2016 in Hyderabad, India, as an online platform focused on education in the IT sector. Courses, training programs, and learning materials are offered on subjects including data science, information security, Python, mobile app development, digital marketing, and AWS. Operations are conducted digitally to serve learners globally from its base in India.

SKILL MONKS's top competitors include Simplilearn, Unstop and MyCaptain.

SKILL MONKS has 4 investors. Key investors include Bejju Vasantha, Yasasvi Malka, Manohar Potnuru, and Sirisha Penmetsa.

The valuation of SKILL MONKS is $2.2M as of Sep 2019.

SKILL MONKS operates through Scuti Tech Labs Private Limited.

The legal entities of SKILL MONKS currently have 5 directors, including Satya Narayana Vaddi, Yasasvi Malka, Rameswar Hari Basavanjaneya Mandali and others.

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