About Steyp
Steyp is an Education company based in Kochi (India) founded in 2021 by Sobir Najumudeen. Multi-disciplinary learning solutions are offered via an online platform. Steyp has raised $269.96 thousand across 1 funding round. The company has 108 employees. Its chief executive, as recorded, is Sobir Najumudeen. Its Indian entity Steyp Private Limited reported revenue of ₹5.01 Cr. Its focus areas include EdTech, K-12 EdTech, B2C Learning Solutions and Coding. Its competitors include Doubtnut and TeamLease Edtech; 2 of its 2 listed competitors have raised funding.
Company details
Steyp was founded in 2021 in Kochi, India, as an online platform in the education technology sector. Learning solutions are provided for school students, including day planners, academic mentoring, and entrepreneurship training. For college students and graduates, offerings encompass full-stack development training, soft skills development, placement assistance, and tech entrepreneurship programs. Operations focus on multi-disciplinary educational support.
- Headquarters Kochi, India
- Employees 108
- Founders Sobir Najumudeen
- SectorsEducation
- Email••••••••
- Phone•••• ••••
- Website steyp.com
- Social LinkedIn X Facebook
- Legal Name Steyp Private Limited
- Date of Incorporation 08 Jun, 2021
- Jurisdiction Ernakulam, Kerala, India
- Annual Revenue₹5.01 Cr
FY 2024 · +344% YoY
- Net Loss-₹4.91 Cr
FY 2024 · -98% margin
- EBITDA-₹3.04 Cr
FY 2024 · -61% margin
- Total Equity Funding$269.96K (USD)
in 1 rounds
- Latest Funding Round$269.96K (USD), Seed
May 2024
- Employee Count108
Associated legal entities of Steyp
Steyp operates through Steyp 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 |
|---|---|---|---|---|---|---|---|
| Steyp Private Limited CIN U80904KL2021PTC069342 | Active | 08 Jun 2021 | Ernakulam, Kerala | ₹5.0 Cr | 108 | 3 | View details |
Funding Insights of Steyp
Steyp has successfully raised a total of $269.96K through 1 strategic funding round. The most recent funding activity was a Seed round of $269.96 thousand completed in May 2024. 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 $269,959
- Total Rounds 1
- Last Round Seed — $269,959
- First Round $269,959
(May 2024)
All 1 funding rounds of Steyp 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 |
|---|---|---|---|---|---|
| May 2024 | $269,959 | Seed | – | – | – |
Board of directors of Steyp Private Limited (Steyp)
Steyp Private Limited is the primary company behind Steyp. The board of Steyp Private Limited currently have 3 directors; the longest-serving is Salim Afifa, appointed in 2021.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Salim Afifa DIN 09197822 | Whole-time director | 08 Jun 2021 | 5 yrs 4 mo | Steyp Private Limited |
| Sobir Najumudeen DIN 07966836 | Managing Director | 08 Jun 2021 | 5 yrs 4 mo | Steyp Private Limited |
| Safeer Najumudeen DIN 07291425 | Director | 08 Jun 2021 | 5 yrs 4 mo | Steyp Private Limited |
People of Steyp
7 people are tracked at Steyp (2 in leadership, 5 in team); the tracked headcount is 108.
| Name | Role | Group |
|---|---|---|
Afifa Salim Baker | Co-founder | Leadership |
| Co-Founder & CEO | Leadership | |
Sadiq Mujthaba | Software Engineer | Team |
Thushara Ramadas | Software Engineer | Team |
Abdul Musavvir Tekkath | Software Engineer | Team |
Chanchal K M | Client Relations Officer | Team |
Muhammad Sahel K | Software Engineer | Team |
Complete people profiles for Steyp
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 Steyp
Figures of Steyp Private Limited, the primary company behind Steyp, for FY 2024. Revenue was ₹5.01 Cr (+344% year on year). Net loss was -₹4.91 Cr (-98% margin). EBITDA was -₹3.04 Cr (-61% margin).
- ₹5.01 CrRevenue · FY 2024 · +344% YoY
- -₹4.91 CrNet loss · -98% margin
- -₹3.04 CrEBITDA · -61% margin
- ₹5.80 CrPaid-up capital
- 108Employees (provident fund records)
Balance sheet, profit and loss, cash flow and ratios of Steyp Private Limited are on its company page.
Detailed financial statements for Steyp
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 Steyp
2 dated milestones of Steyp across 3 years, from founding to its latest funding, stage changes and deals.
- Founded Steyp is founded.
- Funding First funding round of $270K.
Competitors of Steyp
Steyp has 2 listed competitors in our database, 2 of them funded. They include Doubtnut and TeamLease Edtech.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| doubtnut.com | 2016 | Gurugram, India | $53.71M | 6,355 | Doubt clearing app for various subjects | |
| teamleaseedtech.com | 2012 | Mumbai, India | $3.94M | 7,576 | Employability solutions and edtech platforms for higher education are offered. |
Detailed competitors of Steyp
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 Steyp
The website of Steyp (steyp.com) receives about 2.2K visits a month.
- Monthly visits2.2K
▼ 68.7% vs previous month
Top companies in Education Technology Platforms
3 companies that operate in the same segment as Steyp (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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Frequently Asked Questions about Steyp
Steyp was founded in 2021 and raised its 1st funding round 3 years after it was founded.
Steyp is headquartered in Kochi, India. It is registered at Kochi, Kerala, India.
Sobir Najumudeen is the CEO of Steyp, as recorded in our data. They have also founded this company.
Steyp is a funded company, having raised a total of $269.96K across 1 funding round to date. The company's 1st funding round was a Seed of $269.96K, raised on May 2024.
Steyp has 108 employees.
The primary company behind Steyp, Steyp Private Limited, reported revenue of ₹5.01 Cr for FY 2024, up 344% year on year.
Steyp was founded in 2021 in Kochi, India, as an online platform in the education technology sector. Learning solutions are provided for school students, including day planners, academic mentoring, and entrepreneurship training. For college students and graduates, offerings encompass full-stack development training, soft skills development, placement assistance, and tech entrepreneurship programs. Operations focus on multi-disciplinary educational support.
Steyp's top competitors include Doubtnut and TeamLease Edtech.
Steyp operates through Steyp Private Limited.
The legal entities of Steyp currently have 3 directors, including Salim Afifa, Sobir Najumudeen, Safeer Najumudeen.