
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 βΉ9.16 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.
- Headquarters Gurugram, India
- Employees 9
- Founders Mohita Mor, Kavish Gadia
- Stage Minicorn
- SectorsEducation
- Emailβ’β’β’β’β’β’β’β’
- Phoneβ’β’β’β’ β’β’β’β’
- Website stones2milestones.com
- Social LinkedIn X Facebook
- Legal Name Stones2milestones Edu Services Private Limited
- Date of Incorporation 08 Dec, 2008
- Jurisdiction Delhi, India
- 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
- InvestorsLetsVenture
& 114 more
- Employee Count9
- Investments & Acquisitions
Associated legal entities of Stones2Milestones
Stones2Milestones operates through Stones2milestones Edu Services 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 |
|---|---|---|---|---|---|---|---|
| Stones2milestones Edu Services Private Limited CIN U80220DL2008PTC185565 | Active | 08 Dec 2008 | New Delhi, Delhi | ₹9.2 Cr | 9 | 2 | View details |
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.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul 2022 | $632,254 | Series A | $10.96M | Unreasonable Capital | |
| Jan 2022 | $367,373 | Series A | $14.33M | Varun Goyal, Varun Goyal | |
| May 2021 | $822,515 | Series A | β | Shruti Financial, Tiger Shroff Productions | |
| Nov 2020 | $2.5M | Series A | $β’β’β’β’β’ | Unreasonable Capital | |
| Jul 2020 | $984,942 | Series A | β | β | |
| Dec 2019 | $728,227 | Seed | $β’β’β’β’β’ | Unreasonable Capital, Goldhirsh Foundation | |
| Oct 2018 | $257,254 | Seed | $β’β’β’β’β’ | Menterra Venture Advisors, Raghvendra Narayanan | β |
| Jan 2018 | $314,135 | Seed | $β’β’β’β’β’ | Unreasonable Capital | |
| Jul 2017 | $100,531 | Angel Round | $β’β’β’β’β’ | Lipi Mehta, Saroj Saraf | |
| Sep 2016 | $194,422 | Angel Round | $β’β’β’β’β’ | Anand Dalmia |
| Date | Valuation | Stage |
|---|---|---|
| Jul 2022 | $10.96M | β’β’β’β’β’β’β’β’ |
| Jan 2022 | $14.33M | β’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’ |
Full valuation and stage history of Stones2Milestones
Every valuation point, the growth-stage changes (minicorn, soonicorn, unicorn) and the dates behind them require an active premium plan.
- All valuation points
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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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Micro venture capital firm investing in emerging market sectors | unreasonablecapital.com | Boulder, United States | ||
Angel network focused on early-stage investments | 2015 | faad.in | Delhi, India | |
Angel investor investing in tech startups | Mumbai, India | |||
Investments in social impact sectors such as agriculture, healthcare, and education in India. | 2015 | menterra.com | Bengaluru, India | |
Investment firm focusing on early stage, venture capital, and equities investments. | 2013 | dominorllp.com | Noida, India | |
Restaurant serving multiple dishes | 2020 | vvlsenterprise.com | Noida, India | |
Limited details on core activities are provided for Sajid Rahman. | sajidrahman.com |
Investor details for Stones2Milestones
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
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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.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Kavish Kumar Gadia DIN 02408932 | Director | 08 Dec 2008 | 17 yrs 11 mo | Stones2milestones Edu Services Private Limited |
| Mohita Gadia DIN 03506646 | Director | 28 Mar 2025 | 1 yr 7 mo | Stones2milestones Edu Services Private Limited |
People of Stones2Milestones
12 people are tracked at Stones2Milestones (7 in leadership, 5 in team); the tracked headcount is 9.
| Name | Role | Group |
|---|---|---|
Mohita Mor | Co-Founder | Leadership |
| Co-Founder & CEO | Leadership | |
Amit Kumar Agarwala | Leadership | |
Jagdish Repaswal | Chief Technology Officer | Leadership |
Nikhil Saraf | Founder | Leadership |
Deepak Ak | Chief Customer Officer | Leadership |
Niranjan Murugan | Assistant Vice President Sales Marketing | Leadership |
Pupinder Singh | Program Manager | Team |
Sowmya B. | Product Manager & QA Lead | Team |
Mansi Kotak | Senior Associate, Paid Class Operations, Facilitator Management | Team |
swati rohatgi | business development associate | Team |
Shivangi Singh | International Senior Operations Associate | Team |
Complete people profiles for Stones2Milestones
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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.
Detailed financial statements for Stones2Milestones
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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Investments & Acquisitions by Stones2Milestones
Stones2Milestones has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Multistory.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Children's books are sold through an online ecommerce platform. | multistory.in | Chennai, India | 2010 | Nov 2020 | β’β’β’β’ |
Complete acquisition details for Stones2Milestones
Acquired stakes, deal sources and the complete acquisition history require an active premium plan.
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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.
- Founded Stones2Milestones is founded.
- Funding First funding round of $194K.
- Milestone Reaches Minicorn status.
- Acquisition Acquires Multistory.
- 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 Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| karadipath.com | 2010 | Chennai, India | $6.21M | 112 | Language learning for primary school students and teachers | |
| englishedge.in | 2002 | Noida, India | $2.75M | 8 | English language skills are enhanced via digital learning platform. |
Detailed competitors of Stones2Milestones
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Web traffic of Stones2Milestones
Websites that share an audience with Stones2Milestones (stones2milestones.com).
Websites whose visitors overlap most with Stones2Milestones. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| facebook.com | 100% | 12.1B | #3 | View 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.
| 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 45.8 M | 1,140 |
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Related news about Stones2milestones
Complete news archive for 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 βΉ9.16 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.
