About StudyBoat
StudyBoat is an Education company based in Salem (India) founded in 2019. Online platform for competitive exam practice, tests, and skill enhancement. It operates on a D2C and B2C model. StudyBoat offers products and services including StudyBoat Platform and NEET Package. Its focus areas include EdTech, Competitive Exams, Practice Platforms and Online Learning. Its legal entity in India is We Connect Students Private Limited (U80904TZ2017PTC028511). Similar companies include Unacademy, BYJU'S and Toppr; 3 of its 3 listed similar companies have raised funding.
Company details
StudyBoat is an online educational platform by We Connect Students Private Limited, providing unlimited practice tests, chapter-wise exercises, and guidance for exams like NEET and IIT-JEE. It operates from Salem, Tamil Nadu, India, allowing students to create personalized tests, track scores, and improve skills through structured modules. The service focuses on enhancing exam readiness with anytime access and performance comparisons.
- Headquarters Salem, India
- SectorsEducation
- Email••••••••
- Website studyboat.app
- Social LinkedIn X Facebook Instagram
- Legal Name We Connect Students Private Limited
- Date of Incorporation 15 Feb, 2017
- Jurisdiction Salem, Tamil Nadu, India
- Annual Revenue₹51,000
FY 2024 · -7% YoY
- Net Loss-₹43,400
FY 2024 · -85% margin
- EBITDA-₹44,700
FY 2024 · -88% margin
Associated legal entities of StudyBoat
StudyBoat operates through We Connect Students 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 |
|---|---|---|---|---|---|---|---|
| We Connect Students Private Limited CIN U80904TZ2017PTC028511 | Active | 15 Feb 2017 | Salem, Tamil Nadu | ₹0.0 Cr | 4 | View details |
Products & Services of StudyBoat
StudyBoat offers a comprehensive portfolio of products and services, including StudyBoat Platform and NEET Package.
Online system for competitive exam practice and tests
Specialized tests and modules for NEET preparation
Board of directors of We Connect Students Private Limited (StudyBoat)
We Connect Students Private Limited is the primary company behind StudyBoat. The board of We Connect Students Private Limited currently have 4 directors; the longest-serving is Maheswaran, appointed in 2017. 3 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Maheswaran DIN 07684266 | Managing Director | 15 Feb 2017 | 9 yrs 8 mo | We Connect Students Private Limited |
| Kalaimani Raghuraman DIN 07684283 | Whole-time director | 15 Feb 2017 | 9 yrs 8 mo | We Connect Students Private Limited |
| Ramasamy Arul DIN 05201265 | Director | 28 Feb 2020 | 6 yrs 8 mo | We Connect Students Private Limited |
| Lalith Kumar DIN 08734945 | Director | 17 Apr 2020 | 6 yrs 6 mo | We Connect Students Private Limited |
Financials of StudyBoat
Figures of We Connect Students Private Limited, the primary company behind StudyBoat, for FY 2024. Revenue was ₹51,000 (-7% year on year). Net loss was -₹43,400 (-85% margin). EBITDA was -₹44,700 (-88% margin). Revenue has grown at a compounded annual rate of +1% over three years.
- ₹51,000Revenue · FY 2024 · -7% YoY
- -₹43,400Net loss · -85% margin
- -₹44,700EBITDA · -88% margin
- ₹10 LakhPaid-up capital
- +1%Revenue CAGR, 3 years
Balance sheet, profit and loss, cash flow and ratios of We Connect Students Private Limited are on its company page.
Detailed financial statements for StudyBoat
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.
Similar companies to StudyBoat
StudyBoat has 3 listed similar companies in our database, 3 of them funded. They include Unacademy, BYJU'S and Toppr.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| unacademy.com | 2015 | Bengaluru, India | $880.17M | 1,894 | Online educational resources and courses for exam preparation are provided. | |
| byjus.com | 2011 | Bengaluru, India | $4.6B | 3 | Online learning programs for K-12 education are delivered. | |
| toppr.com | 2013 | Mumbai, India | $116.06M | Mobile and SaaS-based platform providing e-learning and test preparation platform for students |
Detailed similar companies of StudyBoat
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
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Verified entity values are shown only after access is granted.
Top companies in Test Preparation Platforms
3 companies that operate in the same segment as StudyBoat (Test Preparation 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 | |
An online platform for competitive exam preparation is provided. | 2016 | Gurugram, Haryana, India | USD 64.98 M | USD 15.59 M | ||
Mobile and SaaS-based platform providing e-learning and test preparation platform for students | 2013 | Mumbai, Maharashtra, India | USD 116.06 M | USD 12.77 M |
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Frequently Asked Questions about StudyBoat
StudyBoat was founded in 2019.
StudyBoat is headquartered in Salem, India. It is registered at Salem, Tamil Nadu, India.
The primary company behind StudyBoat, We Connect Students Private Limited, reported revenue of ₹51,000 for FY 2024, down 7% year on year.
StudyBoat is an online educational platform by We Connect Students Private Limited, providing unlimited practice tests, chapter-wise exercises, and guidance for exams like NEET and IIT-JEE. It operates from Salem, Tamil Nadu, India, allowing students to create personalized tests, track scores, and improve skills through structured modules. The service focuses on enhancing exam readiness with anytime access and performance comparisons.
StudyBoat offers StudyBoat Platform and NEET Package.
StudyBoat operates through We Connect Students Private Limited.
The legal entities of StudyBoat currently have 4 directors, including Ramasamy Arul, Lalith Kumar, Maheswaran and others.