About SmartPrep
SmartPrep is a company based in Delhi (India) founded in 2011.. SmartPrep has raised $3.49 million across 2 funding rounds from investors including Balaji Telefilms and IBFPE. The company has 2 employees as of April 04, 2024. SmartPrep operates in a competitive market with competitors including Veranda Learning, Career Launcher, CLEducate, MT Educare and T.I.M.E. (Triumphant Institute of Management Education), among others.
- Headquarter Delhi, India
- Employees 2 as on 04 Apr, 2024
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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 Smartprep Education Private Limited
- Date of Incorporation 09 May, 2011
- Jurisdiction Delhi, Delhi, India
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Annual Revenue
$345.79 K (USD)-12.23as on Mar 31, 2019
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Net Profit
$41.9 K (USD)150.44as on Mar 31, 2019
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EBITDA
$55.1 K (USD)186.33as on Mar 31, 2019
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Total Equity Funding
$3.49 M (USD)
in 2 rounds
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Latest Funding Round
$16.37 K (USD), Series A
Dec 09, 2013
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Investors
Balaji Telefilms
& 1 more
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Employee Count
2
as on Apr 04, 2024
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Funding Insights of SmartPrep
SmartPrep has successfully raised a total of $3.49M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $16.37 thousand completed in December 2013. 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 2
- Last Round Series A — $16,368
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First Round
First Round
(01 Nov 2012)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec, 2013 | Amount | Series A - SmartPrep | Valuation | Indus Balaji |
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| Nov, 2012 | Amount | Series A - SmartPrep | Valuation | Balaji Telefilms |
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| 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 SmartPrep
SmartPrep has secured backing from 2 investors, including venture fund and institutional investors. Prominent investors backing the company include Balaji Telefilms and IBFPE. 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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Private equity investments in India are managed by Indus Balaji.
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Founded Year | Domain | Location | |
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Indian soap operas, reality TV, and films are produced.
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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 SmartPrep
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
|
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 - SmartPrep
| 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 |
Smartprep Comparisons
Competitors of SmartPrep
SmartPrep 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 Veranda Learning, Career Launcher, CLEducate, MT Educare and T.I.M.E. (Triumphant Institute of Management Education), 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 |
Government exam preparation is provided through centers and online courses.
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| domain | founded_year | HQ Location |
Entrance exam preparation programs are offered through education centers.
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| domain | founded_year | HQ Location |
K-12 education, vocational training and test prep provider
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| domain | founded_year | HQ Location |
Chain of coaching institutes and PU colleges
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| domain | founded_year | HQ Location |
Entrance exam preparation is provided for graduate and postgraduate levels.
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| domain | founded_year | HQ Location |
Coaching for undergraduate law entrance exams is offered.
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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 SmartPrep
When was SmartPrep founded?
SmartPrep was founded in 2011 and raised its 1st funding round 1 year after it was founded.
Where is SmartPrep located?
SmartPrep is headquartered in Delhi, India. It is registered at Delhi, Delhi, India.
Is SmartPrep a funded company?
SmartPrep is a funded company, having raised a total of $3.49M across 2 funding rounds to date. The company's 1st funding round was a Series A of $3.47M, raised on Nov 01, 2012.
How many employees does SmartPrep have?
As of Apr 04, 2024, the latest employee count at SmartPrep is 2.
What is the annual revenue of SmartPrep?
Annual revenue of SmartPrep is $345.79K as on Mar 31, 2019.
What does SmartPrep do?
Founded in 2011, SmartPrep operates as a coaching institute in the education sector, focusing on test preparation for postgraduate exams such as MBA and law entrances, as well as undergraduate programs including BBA, BCA, B.Ed, law, and hotel management. Additional courses cover SAT, Bank PO, and SSC. Operations include six self-owned centers and five partnered centers, all located in New Delhi, India.
Who are the top competitors of SmartPrep?
SmartPrep's top competitors include Veranda Learning, MT Educare and Career Launcher.
Who are SmartPrep's investors?
SmartPrep has 2 investors. Key investors include Balaji Telefilms, and IBFPE.
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