About Skyfi Labs
Skyfi Labs is a company based in Bengaluru (India) founded in 2010 by Venkatarao Ponnaganti. Skyfi Labs has raised $958.61 thousand across 3 funding rounds from investors including Spark Capital, Beacon Trusteeship and The Chennai Angels. The company has 57 employees as of April 10, 2024. Skyfi Labs operates in a competitive market with competitors including Course Hero, Doubtnut, Numerade, simpleclub and Passei Direto, among others.
- Headquarter Bengaluru, India
- Employees 57 as on 10 Apr, 2024
- Founders Venkatarao Ponnaganti
- Stage Minicorn
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Sectors
Education
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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 Skyfi Education Labs Private Limited
- Date of Incorporation 10 Jan, 2013
- Jurisdiction Visakhapatnam, Andhra Pradesh, India
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Annual Revenue
$5.25 K (USD)-98.19as on Mar 31, 2023
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Net Profit
-$3.58 K (USD)97.78as on Mar 31, 2023
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EBITDA
-$3.82 K (USD)97.82as on Mar 31, 2023
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Total Equity Funding
$958.61 K (USD)
in 3 rounds
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Latest Funding Round
$497.65 K (USD), Seed
Nov 18, 2021
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Investors
Spark Capital
& 72 more
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Employee Count
57
as on Apr 10, 2024
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Funding Insights of Skyfi Labs
Skyfi Labs has successfully raised a total of $958.61K across 3 strategic funding rounds. The most recent funding activity was a Seed round of $497.65 thousand completed in November 2021. 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.
Investors in Skyfi Labs
Skyfi Labs has secured backing from 73 investors, including institutional, venture fund, and angel investors. Prominent investors backing the company include Spark Capital, Beacon Trusteeship and The Chennai Angels.
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Pre-series A investments in tech startups are provided.
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Pre series-A venture capital investments are made in tech startups.
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Investor details for Skyfi Labs
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Investments & Acquisitions by Skyfi Labs
Investment portfolio details for Skyfi Labs
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Financial Statements - Skyfi Labs
Detailed financials for Skyfi Labs
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Skyfi Labs Comparisons
Peer comparison for Skyfi Labs
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Competitors of Skyfi Labs
Skyfi Labs 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 Course Hero, Doubtnut, Numerade, simpleclub and Passei Direto, among others.
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Online learning resources are delivered via a mobile platform.
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Doubt clearing app for various subjects
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Provider of study assistance platform for students
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Provider of a learning application for school children
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Study materials and resources are shared among university students.
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Provider of learning platform for kids
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Detailed competitors of Skyfi Labs
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Latest news on Skyfi Labs
Complete news archive for Skyfi Labs
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Frequently Asked Questions about Skyfi Labs
Skyfi Labs was founded in 2010 and raised its 1st funding round 4 years after it was founded.
Skyfi Labs is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Skyfi Labs is a funded company, having raised a total of $958.61K across 3 funding rounds to date.
As of Apr 10, 2024, the latest employee count at Skyfi Labs is 57.
Annual revenue of Skyfi Labs is $5.25K as on Mar 31, 2023.
Founded in 2010 and based in Bengaluru, India, Skyfi Labs operates in the edtech sector. Online courses in robotics, coding, electronics, and engineering are delivered through project-based curricula, with tutorials and live classes. Hardware kits are shipped to students for practical experimentation. Programs are tailored for children and engineering students across various skill levels.
Skyfi Labs's top competitors include Doubtnut, Course Hero and Numerade.
Skyfi Labs has 73 investors. Key investors include Spark Capital, Beacon Trusteeship, The Chennai Angels, Kalpathi Investments, and Acsys Investments.
The valuation of Skyfi Labs is $2.63M as of Nov 2021.