About Snehix Tech
Snehix Tech is an Education company based in Bengaluru (India) founded in 2020 by Surajit Sinha. It operates as a digital note-taking solutions for education are provided via Eink tablets. Snehix Tech has raised $179.89 thousand across 3 funding rounds from investors including Global Incubation Services, Abhik Panda and Jerik. Snehix Tech was last valued at $1.44 million in August 2022. Its chief executive is Surajit Sinha. Its Indian entity Snehix Tech Private Limited reported revenue of ₹11.5 Lakh. Snehix Tech offers products and services including Digi-board, Tablet, and Mobile Website. Its focus areas include EdTech, K-12 EdTech, B2C Learning Solutions and Diversified. Its competitors include Baijiayun, Class, Impartus, ClassIn and Engageli and 5 more; 7 of its 10 listed competitors have raised funding.
Company details
Snehix Tech was founded in 2020 in Bengaluru, India, focusing on the education technology sector. An Eink panel-based tablet integrated with cloud technology is offered, allowing real-time digitization of handwritten notes. Classroom efficiency is enhanced, and paper consumption is reduced to support sustainability. Digital access and sharing of notes are enabled, while dynamic interactions with handwritten content are facilitated through the system.
- Headquarters Bengaluru, India
- Founders Surajit Sinha
- Stage Minicorn
- SectorsEducation
- Website snehix.com
- Social LinkedIn
- Legal Name Snehix Tech Private Limited
- Date of Incorporation 02 Jan, 2020
- Jurisdiction Bangalore, Karnataka, India
- Annual Revenue₹11.5 Lakh
FY 2022 · -8% YoY
- Net Loss-₹58.2 Lakh
FY 2022 · -506% margin
- EBITDA-₹48.5 Lakh
FY 2022 · -421% margin
- Total Equity Funding$179.89K (USD)
in 3 rounds
- Latest Funding Round$22.06K (USD), Seed
Aug 2022
- InvestorsGlobal Incubation Services
& 15 more
Associated legal entities of Snehix Tech
Snehix Tech operates through Snehix Tech Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2022) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Snehix Tech Private Limited CIN U72900KA2020PTC131238 | Active | 02 Jan 2020 | Bangalore, Karnataka | ₹0.1 Cr | – | 2 | View details |
Products & Services of Snehix Tech
Snehix Tech offers a comprehensive portfolio of products and services, including Digi-board, Tablet, and Mobile Website.
Device for real-time digitization of handwritten notes in classrooms.
Eink-based tool for cloud-integrated note management.
Platform for accessing and interacting with digitized notes.
Funding Insights of Snehix Tech
Snehix Tech has successfully raised a total of $179.89K across 3 strategic funding rounds. The most recent funding activity was a Seed round of $22.06 thousand completed in August 2022. 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 $179,888
- Total Rounds 3
- Last Round Seed — $22,056
- First Round $79,468
(Jun 2020)
- Investors Count 16
All 3 funding rounds of Snehix Tech 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 |
|---|---|---|---|---|---|
| Aug 2022 | $22,056 | Seed | $1.44M | Global Incubation Services | |
| Jun 2021 | $78,364 | Seed | $1.53M | Global Incubation Services | |
| Jun 2020 | $79,468 | Angel Round | $••••• | Christian Laplaiche, Subhas Chandra Sinha |
| Date | Valuation | Stage |
|---|---|---|
| Aug 2022 | $1.44M | •••••••• |
| Jun 2021 | $1.53M | •••••••• |
| Jun 2020 | $••••• | •••••••• |
Full valuation and stage history of Snehix Tech
Every valuation point, the growth-stage changes (minicorn, soonicorn, unicorn) and the dates behind them require an active premium plan.
- All valuation points
- Stage changes
- Dates
- Exports
Verified entity values are shown only after access is granted.
Last known valuation $1.44M (Aug 2022). 16 investors in total: 3 institutional and 13 angel.
Investors in Snehix Tech
Snehix Tech has secured backing from 16 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include Global Incubation Services, Abhik Panda and Jerik.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Startup incubator | 2010 | ginserv.in | Bengaluru, India | |
- | – | jerik.tcc.mode | - | |
- | – | eikholdings.tcc.mode | - | |
AP Abhik Panda | - | – | unknown_f0294eccd60647628 | - |
AS Anindita Singha Ray | - | – | unknown_2bfbce8570c94a959 | - |
PP Priyabrata Pan | - | – | unknown_1e412c0b2f2a41358 | - |
SM Sanjeev Mohanty | Angel investor, ex-CEO of Levi Strauss India, focused on retail and consumer brands | – | unknown_ed7e086a609546dfa | - |
SM Saon Mukherjee | - | – | unknown_7dd7c19fe13c4931a | - |
SL Sudeshna Layek | - | – | unknown_7a8fbac1a1ed464d9 | - |
SK Sudha Ks | - | – | unknown_a42d023dae7943e4b | - |
Investor details for Snehix Tech
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 Snehix Tech Private Limited (Snehix Tech)
Snehix Tech Private Limited is the primary company behind Snehix Tech. The board of Snehix Tech Private Limited currently have 2 directors; the longest-serving is Surajit Sinha, appointed in 2020.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Surajit Sinha DIN 08656985 | Director | 02 Jan 2020 | 6 yrs 9 mo | Snehix Tech Private Limited |
| Bulbul Sinha DIN 08656986 | Director | 02 Jan 2020 | 6 yrs 9 mo | Snehix Tech Private Limited |
People of Snehix Tech
1 people are tracked at Snehix Tech (1 in leadership).
| Name | Role | Group |
|---|---|---|
| Founder & CEO | Leadership |
Complete people profiles for Snehix Tech
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 Snehix Tech
Figures of Snehix Tech Private Limited, the primary company behind Snehix Tech, for FY 2022. Revenue was ₹11.5 Lakh (-8% year on year). Net loss was -₹58.2 Lakh (-506% margin). EBITDA was -₹48.5 Lakh (-421% margin).
- ₹11.5 LakhRevenue · FY 2022 · -8% YoY
- -₹58.2 LakhNet loss · -506% margin
- -₹48.5 LakhEBITDA · -421% margin
- ₹1.1 LakhPaid-up capital
Balance sheet, profit and loss, cash flow and ratios of Snehix Tech Private Limited are on its company page.
Detailed financial statements for Snehix Tech
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 Snehix Tech
4 dated milestones of Snehix Tech across 2 years, from founding to its latest funding, stage changes and deals.
- Founded Snehix Tech is founded.
- Funding First funding round of $79K.
- Milestone Reaches Minicorn status.
- Funding Latest funding round, Seed, of $22K.
Competitors of Snehix Tech
Snehix Tech has 10 listed competitors in our database, 7 of them funded. They include Baijiayun, Class, Impartus, ClassIn and Engageli, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| baijiayun.com | 2014 | Haidian, China | $49.67M | – | Online virtual learning solutions for broadcasting and training are provided. | |
| class.com | 2020 | – | $285M | 88 | Virtual classroom solutions are provided for online learning and training. | |
| impartus.com | 2013 | Bengaluru, India | $4.98M | 271 | Online virtual classes platform is offered for schools and colleges. | |
| classin.com | 2014 | Haidian, China | $265M | – | Online classroom solutions for teaching and conferencing are provided. | |
| engageli.com | 2020 | San Mateo, United States | $47.5M | – | Online learning platform is provided for higher-education institutes. | |
| inspace.chat | 2020 | Burlington, United States | $100,000 | – | Virtual teaching and communication solutions are provided for educators. | |
| wiziq.com | 2006 | Sahibzada Ajit Singh Nagar, India | $4M | – | Provider of virtual training and LMS software | |
| nagwa.com | 2015 | Windsor, United Kingdom | – | 26 | A mobile and SaaS-based platform for teaching and learning solutions. | |
| vevox.com | 2016 | Liphook, United Kingdom | – | 31 | Interactive tool for live polling, Q&A, and quizzes in classes and meetings. | |
| truevirtualworld.com | 2020 | Thailand | – | – | Offers app-based virtual classroom software solutions. |
Detailed competitors of Snehix Tech
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.
Web traffic of Snehix Tech
The website of Snehix Tech (snehix.com) receives about 1K visits a month.
- Monthly visits1K
▲ 1737% vs previous month
Top companies in Education Technology Platforms
10 companies that operate in the same segment as Snehix Tech (Education Technology 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 | |
Online educational resources and test preparation for exams are provided. | 2016 | Noida, Uttar Pradesh, India | USD 275 M | USD 415.66 M | 15,046 | |
Cloud-based software for K-12 education is provided. | 1997 | Folsom, California, United States | USD 32 M | USD 47.59 M | 1,308 | |
AI-powered robots are provided as companions for children. | 2015 | Mumbai, Maharashtra, India | USD 107.78 M | – | – | |
Online platform for preschool management and parent updates is offered. | 2014 | San Francisco, California, United States | USD 88.8 M | – | – | |
Real-time classroom behavior feedback is delivered to students by teachers. | 2011 | San Francisco, California, United States | USD 221.22 M | – | 521 | |
Integrated edtech systems are provided for K-12 schools. | 2012 | Mumbai, Maharashtra, India | USD 172.33 M | USD 43.22 M | 1,140 | |
Cloud-based learning management systems are provided for educational courses. | 1999 | Salt Lake City, Utah, United States | USD 88.85 M | – | – | |
High-quality K-12 curriculum and assessments are provided by Amplify. | 2000 | Brooklyn, New York, United States | USD 215 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 Snehix Tech
Snehix Tech was founded in 2020.
Snehix Tech is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Surajit Sinha is the current CEO of Snehix Tech. They have also founded this company.
Snehix Tech is a funded company, having raised a total of $179.89K across 3 funding rounds to date. The company's 1st funding round was a Angel Round of $79.47K, raised on Jun 2020.
The primary company behind Snehix Tech, Snehix Tech Private Limited, reported revenue of ₹11.5 Lakh for FY 2022, down 8% year on year.
Snehix Tech was founded in 2020 in Bengaluru, India, focusing on the education technology sector. An Eink panel-based tablet integrated with cloud technology is offered, allowing real-time digitization of handwritten notes. Classroom efficiency is enhanced, and paper consumption is reduced to support sustainability. Digital access and sharing of notes are enabled, while dynamic interactions with handwritten content are facilitated through the system.
Snehix Tech offers Digi-board, Tablet, and Mobile Website.
Snehix Tech has 16 investors. Key investors include Global Incubation Services, Abhik Panda, Jerik, Eik Holdings, and Anindita Singha Ray.
The valuation of Snehix Tech is $1.44M as of Aug 2022.
Snehix Tech operates through Snehix Tech Private Limited.
The legal entities of Snehix Tech currently have 2 directors, including Surajit Sinha, Bulbul Sinha.