Veta
About Veta
Veta is a company based in Chennai (India) founded in 1981 was acquired by T.I.M.E. (Triumphant Institute of Management Education) in September 2011. Veta has raised $10 million across 1 funding round from investors including T.I.M.E. (Triumphant Institute of Management Education) and Elevation Capital. The company has 1 employees as of April 09, 2024.
- Headquarter Chennai, India
- Employees 1 as on 09 Apr, 2024
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Sectors
Education
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Email
Locked
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Phone
Locked
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Website
Locked
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Social
Locked
- Legal Name Amoha Education Private Limited
- Date of Incorporation 19 Oct, 1988
- Jurisdiction Hyderabad, Telangana, India
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Annual Revenue
$548.08 K (USD)-22.99as on Mar 31, 2020
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Net Profit
$7.73 K (USD)103.12as on Mar 31, 2020
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EBITDA
-$35.78 K (USD)85.19as on Mar 31, 2020
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Total Equity Funding
$10 M (USD)
in 1 rounds
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Latest Funding Round
$10 M (USD), Series A
Sep 17, 2007
- Investors
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Employee Count
1
as on Apr 09, 2024
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Acquired by
T.I.M.E. (Triumphant Institute of Management Education)
(Sep 01, 2011)
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Funding Insights of Veta
Veta has successfully raised a total of $10M through 1 strategic funding round. The most recent funding activity was a Series A round of $10 million completed in September 2007. 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.
Investors in Veta
Veta has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include T.I.M.E. (Triumphant Institute of Management Education) and Elevation Capital.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Elevation Capital is focused on early-stage tech investments in India.
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Locked | Locked | Locked | |
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Entrance exam preparation is provided for graduate and postgraduate levels.
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Locked | Locked | Locked |
Investor details for Veta
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Investments & Acquisitions by Veta
Investment portfolio details for Veta
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Financial Statements - Veta
Detailed financials for Veta
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Veta Comparisons
Peer comparison for Veta
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Competitors of Veta
Detailed competitors of Veta
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Latest news on Veta
Complete news archive for Veta
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Frequently Asked Questions about Veta
Veta was founded in 1981 and raised its 1st funding round 26 years after it was founded.
Veta is headquartered in Chennai, India. It is registered at Chennai, Tamil Nadu, India.
Ganesh Ram is the current CEO of Veta.
Veta is a funded company, having raised a total of $10M across 1 funding round to date.
As of Apr 09, 2024, the latest employee count at Veta is 1.
Annual revenue of Veta is $548.08K as on Mar 31, 2020.
Veta was founded in 1981 in Chennai, India, as an offline academy focused on English language instruction. Training services are extended to schools, corporates, and individual students through various institutes nationwide. Corporate packages are delivered at client headquarters, while a school-plus program targets children in classes 1 to 5. Courses emphasize phonetics and speaking fluency over 40 hours, including assessments and certificates upon completion.
Veta has 2 investors. Key investors include T.I.M.E. (Triumphant Institute of Management Education), and Elevation Capital.