About Skyfi Labs
Skyfi Labs is an Education company based in Bengaluru (India) founded in 2010 by Venkatarao Ponnaganti. Hands-on online technology courses and project kits are offered. 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. Skyfi Labs was last valued at $2.63 million in November 2021. Its website skyfilabs.com draws about 40 thousand monthly visits. Its Indian entity Skyfi Education Labs Private Limited reported revenue of ₹9.30 Cr. Its focus areas include EdTech, K-12 EdTech, B2C Learning Solutions and Diversified.
Company details
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.
- Headquarters Bengaluru, India
- Employees 57
- Founders Venkatarao Ponnaganti
- Stage Minicorn
- SectorsEducation
- Email••••••••
- Phone•••• ••••
- Website skyfilabs.com
- Social LinkedIn X Facebook Instagram YouTube
- Legal Name Skyfi Education Labs Private Limited
- Date of Incorporation 10 Jan, 2013
- Jurisdiction Visakhapatnam, Andhra Pradesh, India
- Annual Revenue₹9.30 Cr
FY 2024 · +113% YoY
- Net Loss-₹1.65 Cr
FY 2024 · -18% margin
- EBITDA-₹1.62 Cr
FY 2024 · -17% margin
- Total Equity Funding$958.61K (USD)
in 3 rounds
- Latest Funding Round$497.65K (USD), Seed
Nov 2021
- InvestorsSpark Capital
& 72 more
- Employee Count57
Associated legal entities of Skyfi Labs
Skyfi Labs operates through Skyfi Education Labs Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Skyfi Education Labs Private Limited CIN U80904AP2013PTC085335 | Active | 10 Jan 2013 | Visakhapatnam, Andhra Pradesh | ₹9.3 Cr | 57 | 3 | View details |
Apps and channels of Skyfi Labs
its YouTube channel Skyfi Labs has 11.5K subscribers and 30 videos.
Videos from Skyfi Labs
The most watched videos on Skyfi Labs's YouTube channel, Skyfi Labs (11.5K subscribers). Click a video to play it here.
More on Skyfi Labs.
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.
- Total Funding $958,611
- Total Rounds 3
- Last Round Seed — $497,650
- First Round $239,013
(Jan 2014)
- Investors Count 73
All 3 funding rounds of Skyfi Labs 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 |
|---|---|---|---|---|---|
| Nov 2021 | $497,650 | Seed | $2.63M | Beacon Trusteeship | |
| Mar 2016 | $221,948 | Seed | $620,349 | Spark Capital, Shead Investment Holding | |
| Jan 2014 | $239,013 | Seed | – | TCA, Spark Capital |
| Date | Valuation | Stage |
|---|---|---|
| Nov 2021 | $2.63M | •••••••• |
Last known valuation $2.63M (Nov 2021). 73 investors in total: 14 institutional and 59 angel.
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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Investments are made in early-stage tech startups across sectors. | ipventures.in | Gurugram, India | ||
Pre-series A investments in tech startups are provided. | allinadvisors.tcc.mode | Jaipur, India | ||
Pre series-A venture capital investments are made in tech startups. | mevassoftware.tcc.mode | Delhi, India | ||
Venture capital is provided to tech companies by JMT Investment. | jmtinvestment.tcc.mode | |||
Investment-focused NBFC managing equity, debt, and private equity portfolios. | acsysindia.com | Chennai, India | ||
Investment services focused on innovation-driven industries and markets influenced by globalization. | kalpathiinvestments.com | Chennai, India | ||
Investments are managed by T R Santhanakrishnan's office in Mauritius. | ktaru.com | Ebene City, Mauritius | ||
Investments in tech startups are managed by Shead Investment Holdings. | sheadinvestmentholdings.tcc.mode | Port Louis, Mauritius | ||
Angel network focused on multiple sectors | 2007 | thechennaiangels.com | Chennai, India | |
Trusteeship services are provided in the financial sector since 2015. | 2015 | beacontrustee.co.in | Mumbai, India |
Investor details for Skyfi Labs
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
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Board of directors of Skyfi Education Labs Private Limited (Skyfi Labs)
Skyfi Education Labs Private Limited is the primary company behind Skyfi Labs. The board of Skyfi Education Labs Private Limited currently have 3 directors; the longest-serving is Pavan Kumar Ponnaganti, appointed in 2013. 3 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Pavan Kumar Ponnaganti DIN 05304892 | Director | 10 Jan 2013 | 13 yrs 9 mo | Skyfi Education Labs Private Limited |
| Padma Chandrasekaran DIN 06609477 | Director | 28 Jan 2014 | 12 yrs 8 mo | Skyfi Education Labs Private Limited |
| Venkatarao Ponnaganti DIN 05304895 | Director | 29 Apr 2019 | 7 yrs 5 mo | Skyfi Education Labs Private Limited |
People of Skyfi Labs
1 people are tracked at Skyfi Labs (1 in leadership); the tracked headcount is 57.
| Name | Role | Group |
|---|---|---|
| Co-Founder | Leadership |
Complete people profiles for Skyfi Labs
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
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Verified entity values are shown only after access is granted.
Financials of Skyfi Labs
Figures of Skyfi Education Labs Private Limited, the primary company behind Skyfi Labs, for FY 2024. Revenue was ₹9.30 Cr (+113% year on year). Net loss was -₹1.65 Cr (-18% margin). EBITDA was -₹1.62 Cr (-17% margin). Revenue has grown at a compounded annual rate of +63% over three years and +30% over five years.
- ₹9.30 CrRevenue · FY 2024 · +113% YoY
- -₹1.65 CrNet loss · -18% margin
- -₹1.62 CrEBITDA · -17% margin
- ₹67.1 LakhPaid-up capital
- 57Employees (provident fund records)
- +63%Revenue CAGR, 3 years
- +30%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Skyfi Education Labs Private Limited are on its company page.
Detailed financial statements for Skyfi Labs
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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- Downloads
Verified entity values are shown only after access is granted.
Timeline of Skyfi Labs
4 dated milestones of Skyfi Labs across 11 years, from founding to its latest funding, stage changes and deals.
- Founded Skyfi Labs is founded.
- Funding First funding round of $239K.
- Funding Latest funding round, Seed, of $498K.
- Milestone Reaches Minicorn status.
Web traffic of Skyfi Labs
The website of Skyfi Labs (skyfilabs.com) receives about 40.1K visits a month.
- Monthly visits40.1K
▲ 19.4% vs previous month
Websites whose visitors overlap most with Skyfi Labs. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| projectsatbangalore.com | 100% | #9,087,491 | View details | ||
| projectmaker.in | 99% | #3,259,480 | View details | ||
| takeoffprojects.com | 97% | #1,047,018 | View details | ||
pantechsolutions.net | pantechsolutions.net | 94% | #766,431 | – | |
ijsat.org | ijsat.org | 89% | #496,260 | – | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 40 similar websites and full traffic analytics for Skyfi Labs
The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.
- 40 similar websites
- Audience overlap
- Engagement analytics
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Verified entity values are shown only after access is granted.
Top companies in Education Technology Platforms
3 companies that operate in the same segment as Skyfi Labs (Education Technology Platforms) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Online educational resources and test preparation for exams are provided. | 2016 | Noida, Uttar Pradesh, India | USD 275 M | USD 415.66 M | 15,046 | |
AI-powered robots are provided as companions for children. | 2015 | Mumbai, Maharashtra, India | USD 107.78 M | |||
Integrated edtech systems are provided for K-12 schools. | 2012 | Mumbai, Maharashtra, India | USD 172.33 M | USD 43.22 M | 1,140 |
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Related news about 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. The company's 1st funding round was a Seed of $239.01K, raised on Jan 2014.
Skyfi Labs has 57 employees.
The primary company behind Skyfi Labs, Skyfi Education Labs Private Limited, reported revenue of ₹9.30 Cr for FY 2024, up 113% year on year.
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 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.
Skyfi Labs operates through Skyfi Education Labs Private Limited.
The legal entities of Skyfi Labs currently have 3 directors, including Padma Chandrasekaran, Pavan Kumar Ponnaganti, Venkatarao Ponnaganti.