About We Shine Tech
We Shine Tech is a company based in Pune (India) founded in 2010 was acquired by Vela Software in May 2022.. The company has 19 employees as of April 09, 2024. We Shine Tech offers products and services including UniApps, End-to-End Candidate Evaluation, On-Screen Marking System, and Question Paper Management. We Shine Tech operates in a competitive market with competitors including Instructure, D2L, 2U, Moodle and Schoology, among others.
- Headquarter Pune, India
- Employees 19 as on 09 Apr, 2024
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Sectors
Education
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Email
***********
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Phone
*********
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Website
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Social
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- Legal Name Weshine Tech Private Limited
- Date of Incorporation 22 Mar, 2011
- Jurisdiction Pune, Maharashtra, India
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Annual Revenue
$2 M (USD)-8.98as on Mar 31, 2023
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Net Profit
$344.73 K (USD)-11.67as on Mar 31, 2023
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EBITDA
$599.72 K (USD)-25.33as on Mar 31, 2023
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Latest Funding Round
- Investors
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Employee Count
19
as on Apr 09, 2024
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Acquired by
Vela Software
(May 05, 2022)
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Products & Services of We Shine Tech
We Shine Tech offers a comprehensive portfolio of products and services, including UniApps, End-to-End Candidate Evaluation, On-Screen Marking System, and Question Paper Management. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Platform for automating university examination processes and management.
Services for secure online assessments in government organizations.
System for efficient evaluation of answer papers digitally.
Tools for generating and delivering exam question papers securely.
Funding Insights of We Shine Tech
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 We Shine Tech
We Shine Tech has secured backing from 1 investor. Prominent investors backing the company include Vela Software. 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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Software development services are provided to clients by Vela Software.
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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 We Shine Tech
| 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 - We Shine Tech
| 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 |
We Shine Tech Comparisons
Competitors of We Shine Tech
We Shine Tech 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 Instructure, D2L, 2U, Moodle and Schoology, 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 |
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| domain | founded_year | HQ Location |
Cloud-based learning management systems are provided for educational courses.
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| domain | founded_year | HQ Location |
Learning management systems are provided for multiple sectors.
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| domain | founded_year | HQ Location |
Learning platforms are provided for students from preschool to college.
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| domain | founded_year | HQ Location |
An open-source learning management platform is developed for education.
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| domain | founded_year | HQ Location |
Online platform offering learning management system
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| domain | founded_year | HQ Location |
Online degree programs are facilitated via university partnerships.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| 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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Frequently Asked Questions about We Shine Tech
When was We Shine Tech founded?
We Shine Tech was founded in 2010.
Where is We Shine Tech located?
We Shine Tech is headquartered in Pune, India. It is registered at Pune, Maharashtra, India.
How many employees does We Shine Tech have?
As of Apr 09, 2024, the latest employee count at We Shine Tech is 19.
What is the annual revenue of We Shine Tech?
Annual revenue of We Shine Tech is $2M as on Mar 31, 2023.
What does We Shine Tech do?
Founded in 2010 and based in Pune, India, We Shine Tech operates in the education technology sector. A distributed platform is provided for online admissions, question paper delivery, onscreen evaluation, and result processing. The Intelltest solution runs on Google Cloud infrastructure and serves private and government institutes, colleges, schools, and coaching classes. Certifications include ISO 9001:2008 and ISOIEC 27001:2013.
Who are the top competitors of We Shine Tech?
We Shine Tech's top competitors include Instructure, D2L and 2U.
What products or services does We Shine Tech offer?
We Shine Tech offers UniApps, End-to-End Candidate Evaluation, On-Screen Marking System, and Question Paper Management.
Who are We Shine Tech's investors?
We Shine Tech has 1 investor. Key investors include Vela Software.
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