About SkillSonics
SkillSonics is a company based in Bengaluru (India) founded in 2011 by Franz Probst and Kalpana Chandrakumar.. SkillSonics has raised $976.52 thousand across 4 funding rounds from investors including NSDC, SkillSonics and Revantha Services. The company has 46 employees as of March 31, 2024. SkillSonics offers products and services including Apprenticeship Training, Engineering Courses, and Trainer Programs. SkillSonics operates in a competitive market with competitors including Centum Learning, Euclid Labs, Vinsys, Orion Edutech and EI Design, among others.
- Headquarter Bengaluru, India
- Employees 46 as on 31 Mar, 2024
- Founders Franz Probst, Kalpana Chandrakumar
- Stage Minicorn
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Sectors
Business ServicesEducation
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Email
***********
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Phone
*********
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Website
*********
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Social
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- Legal Name Skillsonics India Private Limited
- Date of Incorporation 30 Sep, 2011
- Jurisdiction Bangalore, Karnataka, India
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Annual Revenue
$1 M (USD)0as on Mar 31, 2023
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Net Profit
$-48.4 K (USD)0as on Mar 31, 2023
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EBITDA
$-3.91 K (USD)0as on Mar 31, 2023
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Total Equity Funding
$976.52 K (USD)
in 4 rounds
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Latest Funding Round
$172.47 K (USD), Seed
Nov 11, 2020
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Investors
NSDC
& 7 more
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Employee Count
46
as on Mar 31, 2024
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Products & Services of SkillSonics
SkillSonics offers a comprehensive portfolio of products and services, including Apprenticeship Training, Engineering Courses, and Trainer Programs. 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.
Programs for apprentices and trainers based on Swiss methods.
Over 100 courses on engineering topics for skills enhancement.
Training for examiners and vocational experts in global contexts.
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Board Team
5 people
Advisory Team
4 people
Leadership Team
1 people
Co Team
1 people
Founder Team
1 people
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Funding Insights of SkillSonics
SkillSonics has successfully raised a total of $976.52K across 4 strategic funding rounds. The most recent funding activity was a Seed round of $172.47 thousand completed in November 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 Total Funding
- Total Rounds 4
- Last Round Seed — $172,466
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First Round
First Round
(25 Jun 2013)
- Investors Count 8
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov, 2020 | Amount | Seed - SkillSonics | Valuation | SkillSonics | |
| Jul, 2019 | Amount | Seed - SkillSonics | Valuation | SkillSonics | |
| May, 2018 | Amount | Seed - SkillSonics | Valuation | SkillSonics |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in SkillSonics
SkillSonics has secured backing from 8 investors, including institutional and angel investors. Prominent investors backing the company include NSDC, SkillSonics and Revantha Services. 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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Hard skills training services for technicians are provided.
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Founded Year | Domain | Location | |
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Offers construction projects, corporate services like payroll, staffing, and facility management.
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Founded Year | Domain | Location | |
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Skill development and training services in India.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by SkillSonics
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - SkillSonics
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Skillsonics Comparisons
Competitors of SkillSonics
SkillSonics 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 Centum Learning, Euclid Labs, Vinsys, Orion Edutech and EI Design, 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 |
End-to-end training and skill development solutions are delivered.
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| domain | founded_year | HQ Location |
Learning management services are delivered for educational and training purposes.
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| domain | founded_year | HQ Location |
IT, digital learning, language, and recruitment outsourcing services are provided.
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| domain | founded_year | HQ Location |
Vocational training in hardware, networking, and management is provided.
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| domain | founded_year | HQ Location |
Learning management services are provided by EI Design in India.
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| domain | founded_year | HQ Location |
Provider of training and development services
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about SkillSonics
When was SkillSonics founded?
SkillSonics was founded in 2011 and raised its 1st funding round 2 years after it was founded.
Where is SkillSonics located?
SkillSonics is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Is SkillSonics a funded company?
SkillSonics is a funded company, having raised a total of $976.52K across 4 funding rounds to date. The company's 1st funding round was a Seed of $325.81K, raised on Jun 25, 2013.
How many employees does SkillSonics have?
As of Mar 31, 2024, the latest employee count at SkillSonics is 46.
What is the annual revenue of SkillSonics?
Annual revenue of SkillSonics is $1M as on Mar 31, 2023.
What does SkillSonics do?
SkillSonics was established in 2011 in Bengaluru, India, as a provider of training services in the education sector. Hard skills development programs for technicians are offered, with operations centered on practical, technical competencies. The company is co-founded by Franz Probst and Kalpana Chandrakumar, and its activities are directed toward enhancing workforce skills in technical fields across the region.
Who are the top competitors of SkillSonics?
SkillSonics's top competitors include Centum Learning, Orion Edutech and Vinsys.
What products or services does SkillSonics offer?
SkillSonics offers Apprenticeship Training, Engineering Courses, and Trainer Programs.
Who are SkillSonics's investors?
SkillSonics has 8 investors. Key investors include NSDC, SkillSonics, Revantha Services, Prasenjit Kundu, and Ravikanth Uppal.
What is SkillSonics's valuation?
The valuation of SkillSonics is $1.86M as of Nov 2020.
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