
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 βΉ26 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
- SectorsEducation
- Emailβ’β’β’β’β’β’β’β’
- Phoneβ’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
- 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
Associated legal entities of SKILL MONKS
SKILL MONKS operates through Scuti Tech Labs Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2021) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Scuti Tech Labs Private Limited CIN U72900TG2017PTC116777 | Active | 25 Apr 2017 | Hyderabad, Telangana | ₹0.3 Cr | – | 5 | View details |
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.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep 2019 | $279,221 | Angel Round | $2.2M | Bejju Vasantha, Yasasvi Malka | β |
| Jun 2017 | $24,845 | Angel Round | $311,199 | Manohar Potnuru |
| Date | Valuation | Stage |
|---|---|---|
| Sep 2019 | $2.2M | β’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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
BV Bejju Vasantha | - | – | unknown_82ea09ac499f483c8 | - |
YM Yasasvi Malka | - | – | unknown_102bc5f4f23c4d398 | - |
MP Manohar Potnuru | - | – | unknown_084cfdb8869a47068 | - |
SP Sirisha Penmetsa | - | – | unknown_35c4b90ba1104f26a | - |
Investor details for SKILL MONKS
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
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.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Sai Ramana Ramanjana DIN 02720052 | Director | 25 Apr 2017 | 9 yrs 5 mo | Scuti Tech Labs Private Limited |
| Rameswar Hari Basavanjaneya Mandali DIN 07472508 | Managing Director | 01 Jun 2017 | 9 yrs 4 mo | Scuti Tech Labs Private Limited |
| Satya Narayana Vaddi DIN 07727194 | Director | 14 Aug 2019 | 7 yrs 2 mo | Scuti Tech Labs Private Limited |
| Yasasvi Malka DIN 08491502 | Director | 14 Aug 2019 | 7 yrs 2 mo | Scuti Tech Labs Private Limited |
| Siddhartha Kumar Chinthapally DIN 03529760 | Director | 14 Aug 2019 | 7 yrs 2 mo | Scuti Tech Labs Private Limited |
People of SKILL MONKS
1 people are tracked at SKILL MONKS (1 in leadership).
| Name | Role | Group |
|---|---|---|
| Founder & CEO | Leadership |
Complete people profiles for SKILL MONKS
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
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.
Detailed financial statements for SKILL MONKS
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Timeline of SKILL MONKS
4 dated milestones of SKILL MONKS across 3 years, from founding to its latest funding, stage changes and deals.
- Founded SKILL MONKS is founded.
- Funding First funding round of $25K.
- Funding Latest funding round, Angel Round, of $279K.
- 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 Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| simplilearn.com | 2010 | San Francisco, United States | $80.82M | – | Professional certification programs are delivered through a mobile platform. | |
| imarticus.org | 2012 | Mumbai, India | $11.71M | 691 | Job-oriented courses and programs are offered to professionals and freshers. | |
| unstop.com | 2017 | Delhi, India | $5.28M | 54 | Online platform for talent engagement and skill based hiring | |
| emeritus.org | 2015 | Singapore | – | – | Provider of online professional development courses | |
| maven.com | 2020 | Remote, United States | $25.07M | 42,995 | Online learning platform focused on career growth is operated. | |
| mycaptain.in | 2013 | Bengaluru, India | $4.7M | 2 | Multi-disciplinary online courses and workshops are provided by the platform. | |
| ablejobs.co | 2019 | Bengaluru, India | $2.36M | 6 | Online candidate assistance is provided through tools and training platforms. | |
| talentedge.com | 2012 | Mumbai, India | – | – | Live online digital courses on various topics are provided. | |
| herovired.com | 2020 | Delhi, India | $19.35M | 225 | Provider of online certification courses and programs for professional development | |
| ostad.app | 2020 | Dhaka, Bangladesh | – | – | Skill development courses are delivered via an online platform. |
Detailed competitors of SKILL MONKS
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
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.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Developer of a platform providing gamified language learning through interactive exercises | 2011 | Pittsburgh, Pennsylvania, United States | USD 183.3 M | USD 748.02 M | 900 | |
Professional certification training courses are provided via an online platform. | 2015 | Mumbai, Maharashtra, India | USD 371.77 M | USD 143.62 M | 6,673 | |
Cloud-based LMS platform for IT industry | 2004 | Farmington, Utah, United States | USD 235.41 M | USD 4.95 M | 1,774 | |
Professional certification programs are delivered through a mobile platform. | 2010 | San Francisco, California, United States | USD 80.82 M | USD 84.24 M | 1,661 | |
An online platform for multi-course education is operated. | 2012 | Mountain View, California, United States | USD 443.17 M | USD 757.5 M | 6,667 | |
Online courses in creative fields are delivered by celebrity experts. | 2012 | San Francisco, California, United States | USD 461.4 M | – | 809 | |
Executive education programs from global universities are offered to professionals. | 2010 | Singapore, Singapore, Singapore | USD 742.17 M | – | 123 | |
Vernacular-based hyperlocal platform for online programming mentoring is developed. | 2014 | Chennai, Tamil Nadu, India | USD 3.9 M | USD 4.13 M | 496 | |
Mobile and cloud-based resources for medical exams are delivered. | 2012 | Berlin, Berlin, Germany | USD 291.94 M | – | – | |
One-to-one online English tutoring is provided by 51Talk. | 2011 | Beijing, China | USD 89 M | USD 95.85 M | 539 |
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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 βΉ26 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.