Stones2Milestones

Gurugram, India Founded: 2009 • Age: 17 yrs Minicorn
English language learning ecosystem is provided for children aged 3-12.

About Stones2Milestones

Stones2Milestones is an Education company based in Gurugram (India) founded in 2009 by Mohita Mor and Kavish Gadia. English language learning ecosystem is provided for children aged 3-12. Stones2Milestones has raised $6.9 million across 10 funding rounds from investors including LetsVenture, Faad Capital and Menterra Venture Advisors. The company has 9 employees. Stones2Milestones has completed 1 acquisition, including Multistory. Stones2Milestones was last valued at $10.96 million in July 2022. Its chief executive, as recorded, is Kavish Gadia. Its Indian entity Stones2milestones Edu Services Private Limited reported revenue of β‚Ή9.16 Cr. Its focus areas include EdTech, K-12 EdTech, B2B2C Learning Solutions and Language Learning. Its competitors include The Karadi Path and EnglishEdge; 2 of its 2 listed competitors have raised funding.

Company details

Stones2Milestones was founded in 2009 in Gurugram, India, as a provider in the education sector focused on English language learning for children aged three to twelve. An ecosystem is offered that includes an application, live online classes, a blog, and a YouTube channel. Reading skill assessments are conducted for children, while childrens books are published and Indian titles for young readers are recognized.

Key Metrics
  • Annual Revenue
    ₹9.16 Cr

    FY 2024 · +64% YoY

  • Net Loss
    -₹6.05 Cr

    FY 2024 · -66% margin

  • EBITDA
    ₹5.73 Cr

    FY 2024 · 63% margin

  • Total Equity Funding
    $6.9M (USD)

    in 10 rounds

  • Latest Funding Round
    $632.25K (USD), Series A

    Jul 2022

  • Investors
    LetsVenture

    & 114 more

  • Employee Count
    9
  • Investments & Acquisitions

Funding Insights of Stones2Milestones

Stones2Milestones has successfully raised a total of $6.9M across 10 strategic funding rounds. The most recent funding activity was a Series A round of $632.25 thousand completed in July 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 $6.9M
  • Total Rounds 10
  • Last Round Series A β€” $632,254
  • First Round $194,422

    (Sep 2016)

  • Investors Count 115

All 10 funding rounds of Stones2Milestones with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Jul 2022$632,254Series A$10.96MUnreasonable Capital
Jan 2022$367,373Series A$14.33MVarun Goyal, Varun Goyal
May 2021$822,515Series A–Shruti Financial, Tiger Shroff Productions
Nov 2020$2.5MSeries A$β€’β€’β€’β€’β€’Unreasonable Capital
Jul 2020$984,942Series A––
Dec 2019$728,227Seed$β€’β€’β€’β€’β€’Unreasonable Capital, Goldhirsh Foundation
Oct 2018$257,254Seed$β€’β€’β€’β€’β€’Menterra Venture Advisors, Raghvendra Narayanan
–
Jan 2018$314,135Seed$β€’β€’β€’β€’β€’Unreasonable Capital
Jul 2017$100,531Angel Round$β€’β€’β€’β€’β€’Lipi Mehta, Saroj Saraf
Sep 2016$194,422Angel Round$β€’β€’β€’β€’β€’Anand Dalmia
Valuation history
DateValuationStage
Jul 2022$10.96Mβ€’β€’β€’β€’β€’β€’β€’β€’
Jan 2022$14.33Mβ€’β€’β€’β€’β€’β€’β€’β€’
Nov 2020$β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’
Dec 2019$β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’
Oct 2018$β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’
Jan 2018$β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’
Jul 2017$β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’
Sep 2016$β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’
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Last known valuation $10.96M (Jul 2022). 115 investors in total: 13 institutional and 102 angel.

Investors in Stones2Milestones

Stones2Milestones has secured backing from 115 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include LetsVenture, Faad Capital and Menterra Venture Advisors.

All
Venture Fund
Institutional
Angel
InvestorDescriptionFounded YearDomainLocation
Micro venture capital firm investing in emerging market sectors
unreasonablecapital.comBoulder, United States
Angel network focused on early-stage investments
2015faad.inDelhi, India
Angel investor investing in tech startups
Mumbai, India
Investments in social impact sectors such as agriculture, healthcare, and education in India.
2015menterra.comBengaluru, India
Investment firm focusing on early stage, venture capital, and equities investments.
2013dominorllp.comNoida, India
Restaurant serving multiple dishes
2020vvlsenterprise.comNoida, India
Limited details on core activities are provided for Sajid Rahman.
sajidrahman.com
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Board of directors of Stones2milestones Edu Services Private Limited (Stones2Milestones)

Stones2milestones Edu Services Private Limited is the primary company behind Stones2Milestones. The board of Stones2milestones Edu Services Private Limited currently have 2 directors; the longest-serving is Kavish Kumar Gadia, appointed in 2008. 7 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Kavish Kumar Gadia
DIN 02408932
Director08 Dec 200817 yrs 11 moStones2milestones Edu Services Private Limited
Mohita Gadia
DIN 03506646
Director28 Mar 20251 yr 7 moStones2milestones Edu Services Private Limited

People of Stones2Milestones

12 people are tracked at Stones2Milestones (7 in leadership, 5 in team); the tracked headcount is 9.

NameRoleGroup
Mohita Mor
Co-FounderLeadership
Co-Founder & CEOLeadership
Amit Kumar Agarwala
Leadership
Jagdish Repaswal
Chief Technology OfficerLeadership
Nikhil Saraf
FounderLeadership
Deepak Ak
Chief Customer OfficerLeadership
Niranjan Murugan
Assistant Vice President Sales MarketingLeadership
Pupinder Singh
Program ManagerTeam
Sowmya B.
Product Manager & QA LeadTeam
Mansi Kotak
Senior Associate, Paid Class Operations, Facilitator ManagementTeam
swati rohatgi
business development associateTeam
Shivangi Singh
International Senior Operations AssociateTeam
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Financials of Stones2Milestones

Figures of Stones2milestones Edu Services Private Limited, the primary company behind Stones2Milestones, for FY 2024. Revenue was ₹9.16 Cr (+64% year on year). Net loss was -₹6.05 Cr (-66% margin). EBITDA was ₹5.73 Cr (63% margin). Revenue has grown at a compounded annual rate of +25% over three years and +48% over five years.

  • ₹9.16 CrRevenue · FY 2024 · +64% YoY
  • -₹6.05 CrNet loss · -66% margin
  • ₹5.73 CrEBITDA · 63% margin
  • ₹63.8 LakhPaid-up capital
  • 9Employees (provident fund records)
  • +25%Revenue CAGR, 3 years
  • +48%Revenue CAGR, 5 years

Balance sheet, profit and loss, cash flow and ratios of Stones2milestones Edu Services Private Limited are on its company page.

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Investments & Acquisitions by Stones2Milestones

Stones2Milestones has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Multistory.

Acquisitions
Company NameDescriptionDomainLocationFoundedAcquiredAmount
Children's books are sold through an online ecommerce platform.
multistory.inChennai, India2010Nov 2020β€’β€’β€’β€’
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Timeline of Stones2Milestones

5 dated milestones of Stones2Milestones across 13 years, from founding to its latest funding, stage changes and deals.

  1. Founded Stones2Milestones is founded.
  2. Funding First funding round of $194K.
  3. Milestone Reaches Minicorn status.
  4. Acquisition Acquires Multistory.
  5. Funding Latest funding round, Series A, of $632K.

Competitors of Stones2Milestones

Stones2Milestones has 2 listed competitors in our database, 2 of them funded. They include The Karadi Path and EnglishEdge.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
karadipath.com2010Chennai, India$6.21M112
Language learning for primary school students and teachers
englishedge.in2002Noida, India$2.75M8
English language skills are enhanced via digital learning platform.
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Detailed competitors of Stones2Milestones

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Web traffic of Stones2Milestones

Websites that share an audience with Stones2Milestones (stones2milestones.com).

Similar websites

Websites whose visitors overlap most with Stones2Milestones. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
facebook.com
100%
12.1B#3View details

Top companies in Education Technology Platforms

3 companies that operate in the same segment as Stones2Milestones (Education Technology Platforms) in India, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Online educational resources and test preparation for exams are provided.
2016Noida, Uttar Pradesh, IndiaUSD 275 MUSD 415.66 M15,046
AI-powered robots are provided as companions for children.
2015Mumbai, Maharashtra, IndiaUSD 107.78 M
Integrated edtech systems are provided for K-12 schools.
2012Mumbai, Maharashtra, IndiaUSD 172.33 MUSD 45.8 M1,140
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Related news about Stones2milestones

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Frequently Asked Questions about Stones2Milestones

Stones2Milestones was founded in 2009 and raised its 1st funding round 7 years after it was founded.

Stones2Milestones is headquartered in Gurugram, India. It is registered at Gurugram, Haryana, India.

Kavish Gadia is the CEO of Stones2Milestones, as recorded in our data. They have also founded this company.

Stones2Milestones is a funded company, having raised a total of $6.9M across 10 funding rounds to date. The company's 1st funding round was a Angel Round of $194.42K, raised on Sep 2016.

Stones2Milestones has 9 employees.

The primary company behind Stones2Milestones, Stones2milestones Edu Services Private Limited, reported revenue of β‚Ή9.16 Cr for FY 2024, up 64% year on year.

Stones2Milestones was founded in 2009 in Gurugram, India, as a provider in the education sector focused on English language learning for children aged three to twelve. An ecosystem is offered that includes an application, live online classes, a blog, and a YouTube channel. Reading skill assessments are conducted for children, while childrens books are published and Indian titles for young readers are recognized.

Stones2Milestones's top competitors include EnglishEdge and The Karadi Path.

Stones2Milestones has made 1 acquisition, including Multistory.

Stones2Milestones has 115 investors. Key investors include LetsVenture, Faad Capital, Menterra Venture Advisors, Dominor, and Unreasonable Capital.

The valuation of Stones2Milestones is $10.96M as of Jul 2022.

Stones2Milestones operates through Stones2milestones Edu Services Private Limited.

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