About STEPapp
STEPapp is a company based in Mumbai (India) founded in 2015 by Praveen Tyagi. It operates as a EduTech and Freemium. STEPapp has raised $32.47 million across 6 funding rounds from investors including Kent RO Systems, Elara Capital and Petita Jhaveri. The company has 2 employees as of April 08, 2024. STEPapp offers products and services including STEPapp and STEPapp Skills. STEPapp operates in a competitive market with competitors including Legends Of Learning, Knowledge Platform, SplashLearn, zyBooks and iHuman, among others.
- Headquarter Mumbai, India
- Employees 2 as on 08 Apr, 2024
- Founders Praveen Tyagi
- 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 Eduisfun
- Date of Incorporation 27 Mar, 2015
- Jurisdiction Mumbai, Maharashtra, India
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Annual Revenue
$297.98 K (USD)-76.4as on Mar 31, 2023
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Net Profit
-$1.06 M (USD)-492.29as on Mar 31, 2023
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EBITDA
-$757.12 K (USD)-600.18as on Mar 31, 2023
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Total Equity Funding
$32.47 M (USD)
in 6 rounds
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Latest Funding Round
$1.96 M (USD), Series B
Mar 07, 2022
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Investors
Kent RO Systems
& 32 more
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Employee Count
2
as on Apr 08, 2024
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Products & Services of STEPapp
STEPapp offers a comprehensive portfolio of products and services, including STEPapp and STEPapp Skills.
Gamified learning app for students using interactive animations.
Innovative programs offered for curious young learners.
Funding Insights of STEPapp
STEPapp has successfully raised a total of $32.47M across 6 strategic funding rounds. The most recent funding activity was a Series B round of $1.96 million completed in March 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.
Investors in STEPapp
STEPapp has secured backing from 33 investors, including institutional, angel, and venture fund investors. Prominent investors backing the company include Kent RO Systems, Elara Capital and Petita Jhaveri.
| Investor | Description | Founded Year | Domain | Location |
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Investments in early-stage startups are made by Brand Capital.
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Financial services including investment banking, equities, and asset management.
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IIT-JEE coaching and junior science education are provided through institutes.
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Investor details for STEPapp
Investor domains, locations, round participation, and complete history require an active premium plan.
- Investor domains
- Investor locations
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- Participation history
Verified entity values are shown only after access is granted.
Investments & Acquisitions by STEPapp
Investment portfolio details for STEPapp
Portfolio company identities, transaction dates, round details, and investment values require an active premium plan.
- Portfolio identities
- Transaction dates
- Round details
- Investment values
Verified entity values are shown only after access is granted.
Financial Statements - STEPapp
Detailed financials for STEPapp
Historical revenue, profit, statement rows, ratios, and trend charts require an active premium plan.
- Historical revenue
- Profit trends
- Statement rows
- Financial ratios
Verified entity values are shown only after access is granted.
Stepapp Comparisons
Peer comparison for STEPapp
Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.
- Named peers
- Headcount comparison
- Funding comparison
- Operating benchmarks
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Competitors of STEPapp
STEPapp 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 Legends Of Learning, Knowledge Platform, SplashLearn, zyBooks and iHuman, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Game-based educational games in sciences are provided for students.
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Provider of e-learning and blended learning training programs
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Game-based math and reading programs are provided for students.
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Interactive digital textbooks for college STEM education are offered.
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Educational applications for children are provided by iHuman.
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Educational songs and videos for K-12 learning are delivered.
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Detailed competitors of STEPapp
Competitor domains, locations, full profiles, and operating metrics require an active premium plan.
- Domains and locations
- Full company profiles
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- Competitive positioning
Verified entity values are shown only after access is granted.
Latest news on Stepapp
Complete news archive for STEPapp
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
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Frequently Asked Questions about STEPapp
STEPapp was founded in 2015 and raised its 1st funding round 3 years after it was founded.
STEPapp is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Praveen Tyagi is the current CEO of STEPapp. They have also founded this company.
STEPapp is a funded company, having raised a total of $32.47M across 6 funding rounds to date.
As of Apr 08, 2024, the latest employee count at STEPapp is 2.
Annual revenue of STEPapp is $297.98K as on Mar 31, 2023.
STEPapp is focused on transforming education through gamified learning platforms. Solutions are developed to make subjects like Math and Science engaging for students. The app is supported by dashboards for teachers, parents, and policymakers to track progress. Personalized learning experiences are offered using AI, alongside animations for conceptual understanding. The education sector is targeted, aiming to provide equal opportunities across socioeconomic backgrounds.
STEPapp's top competitors include Legends Of Learning, Knowledge Platform and SplashLearn.
STEPapp offers STEPapp and STEPapp Skills.
STEPapp has 33 investors. Key investors include Kent RO Systems, Elara Capital, Petita Jhaveri, Andre Jhaveri, and Amitabh Bachchan.
The valuation of STEPapp is $42.96M as of Mar 2022.