About SwifLearn
SwifLearn is a company based in Gurugram (India) founded in 2019 by Anand Bakode was acquired by Unacademy in November 2021.. SwifLearn has raised $4.19 million across 2 funding rounds from investors including Angel List, Unacademy and Venture Highway VC. The company has 1,073 employees as of December 31, 2024. SwifLearn operates in a competitive market with competitors including Vedantu, GoStudent, Ruangguru, Varsity Tutors and Filo, among others.
- Headquarter Gurugram, India
- Employees 1073 as on 31 Dec, 2024
- Founders Anand Bakode
- Stage Minicorn
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Sectors
Education
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Phone
*********
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Website
*********
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Social
*********
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Annual Revenue
$724.84 (USD)-99as on Mar 31, 2024
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Net Profit
$-101.23 K (USD)-65as on Mar 31, 2024
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EBITDA
$-101.23 K (USD)-65as on Mar 31, 2024
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Total Equity Funding
$4.19 M (USD)
in 2 rounds
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Latest Funding Round
$3.16 M (USD), Seed
Feb 01, 2021
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Investors
Angel List
& 11 more
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Employee Count
1073
as on Dec 31, 2024
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Acquired by
Unacademy
(Nov 03, 2021)
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Funding Insights of SwifLearn
SwifLearn has successfully raised a total of $4.19M across 2 strategic funding rounds. The most recent funding activity was a Seed round of $3.16 million completed in February 2021. 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 Total Funding
- Total Rounds 2
- Last Round Seed — $3.2M
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First Round
First Round
(20 Dec 2019)
- Investors Count 11
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Feb, 2021 | Amount | Seed - SwifLearn | Valuation | Stellaris Venture Partners , Venture Highway | |
| Dec, 2019 | Amount | Seed - SwifLearn | Valuation | Stellaris Venture Partners , Venture Highway |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in SwifLearn
SwifLearn has secured backing from 12 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include Angel List, Unacademy and Venture Highway VC. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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AI-focused venture capital investment and support for startups in Asia.
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Founded Year | Domain | Location | |
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Venture capital firm investing in early-stage startups across fintech, software, and other sectors.
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Founded Year | Domain | Location | |
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Early-stage investments are made in fintech, retail, and healthtech sectors.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by SwifLearn
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - SwifLearn
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Swiflearn Comparisons
Competitors of SwifLearn
SwifLearn 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 Vedantu, GoStudent, Ruangguru, Varsity Tutors and Filo, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Live interactive K-12 tutoring platform is provided online.
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| domain | founded_year | HQ Location |
Provider of online tutoring platform for K-12 students
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| domain | founded_year | HQ Location |
Self-learning solutions are delivered via an online education platform.
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| domain | founded_year | HQ Location |
Live online tutoring and test prep platform is operated.
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| domain | founded_year | HQ Location |
On-demand one-to-one tutoring is connected between students and tutors.
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| domain | founded_year | HQ Location |
Online learning programs for K-12 education are delivered.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Swiflearn
Frequently Asked Questions about SwifLearn
When was SwifLearn founded?
SwifLearn was founded in 2019.
Where is SwifLearn located?
SwifLearn is headquartered in Gurugram, India. It is registered at Gurugram, Haryana, India.
Is SwifLearn a funded company?
SwifLearn is a funded company, having raised a total of $4.19M across 2 funding rounds to date. The company's 1st funding round was a Seed of $1.04M, raised on Dec 20, 2019.
How many employees does SwifLearn have?
As of Dec 31, 2024, the latest employee count at SwifLearn is 1,073.
What is the annual revenue of SwifLearn?
Annual revenue of SwifLearn is $724.84 as on Mar 31, 2024.
What does SwifLearn do?
SwifLearn was founded in 2019 and is headquartered in Gurugram, India. An online platform is operated to deliver live tutoring sessions for K-12 students in small batches. Crash courses in math and science are provided for year-end exams, along with study materials including revision notes, NCERT solutions, and English grammar resources. Access is facilitated via an Android application.
Who are the top competitors of SwifLearn?
Who are SwifLearn's investors?
SwifLearn has 12 investors. Key investors include Angel List, Unacademy, Venture Highway VC, Alteria Capital, and Stellaris Venture Partners.
What is SwifLearn's valuation?
The valuation of SwifLearn is $14.26M as of Feb 2021.