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. 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
- SectorsEducation
- Email••••••••
- Phone•••• ••••
- Website weshinetech.in
- Social LinkedIn Facebook
- Acquired by Vela Software (May 2022)
- Legal Name Weshine Tech Private Limited
- Date of Incorporation 22 Mar, 2011
- Jurisdiction Pune, Maharashtra, India
- Annual Revenue₹9.23 Cr
FY 2025 · -28% YoY
- Net Loss-₹2.38 Cr
FY 2025 · -26% margin
- EBITDA-₹2.19 Cr
FY 2025 · -24% margin
- Investors
- Employee Count19
- Acquired byVela Software
(May 2022)
Associated legal entities of We Shine Tech
We Shine Tech operates through Weshine Tech Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Weshine Tech Private Limited CIN U72900PN2011PTC138954 | Active | 22 Mar 2011 | Pune, Maharashtra | ₹9.2 Cr | 19 | 3 | View details |
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.
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.
Investors in We Shine Tech
We Shine Tech has secured backing from 1 investor. Prominent investors backing the company include Vela Software.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Software development services are provided to clients by Vela Software. | 1995 | velasoftwaregroup.com | Toronto, Canada |
Investor details for We Shine Tech
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
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- Investor portfolios
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Verified entity values are shown only after access is granted.
Board of directors of Weshine Tech Private Limited (We Shine Tech)
Weshine Tech Private Limited is the primary company behind We Shine Tech. The board of Weshine Tech Private Limited currently have 3 directors; the longest-serving is Utkarsh Vijay Mangudkar, appointed in 2023. 6 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Utkarsh Vijay Mangudkar DIN 03455944 | Director | 09 Jun 2023 | 3 yrs 4 mo | Weshine Tech Private Limited |
| Doraisamy Karthikeyan DIN 08169725 | Additional Director | 17 Jun 2024 | 2 yrs 3 mo | Weshine Tech Private Limited |
| Sandeep Ray DIN 10688476 | Additional Director | 02 Aug 2024 | 2 yrs 2 mo | Weshine Tech Private Limited |
Financials of We Shine Tech
Figures of Weshine Tech Private Limited, the primary company behind We Shine Tech, for FY 2025. Revenue was ₹9.23 Cr (-28% year on year). Net loss was -₹2.38 Cr (-26% margin). EBITDA was -₹2.19 Cr (-24% margin). Revenue has grown at a compounded annual rate of -20% over three years and +8% over five years.
- ₹9.23 CrRevenue · FY 2025 · -28% YoY
- -₹2.38 CrNet loss · -26% margin
- -₹2.19 CrEBITDA · -24% margin
- ₹2.5 LakhPaid-up capital
- 19Employees (provident fund records)
- -20%Revenue CAGR, 3 years
- +8%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Weshine Tech Private Limited are on its company page.
Detailed financial statements for We Shine Tech
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
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Verified entity values are shown only after access is granted.
Timeline of We Shine Tech
2 dated milestones of We Shine Tech across 12 years, from founding to its latest funding, stage changes and deals.
- Founded We Shine Tech is founded.
- Exit Acquired by Vela Software.
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.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| instructure.com | 1999 | Salt Lake, United States | $88.85M | 1,397 | Cloud-based learning management systems are provided for educational courses. | |
| d2l.com | 1999 | Kitchener, Canada | $243.82M | 1,180 | Learning management systems are provided for multiple sectors. | |
| 2u.com | 2008 | Annapolis, United States | $100.91M | 2,364 | Learning platforms are provided for students from preschool to college. | |
| moodle.com | 2001 | Perth, Australia | $6M | – | An open-source learning management platform is developed for education. | |
| schoology.com | 2009 | New York, United States | $55.55M | 158 | Online platform offering learning management system | |
| academicpartnerships.com | 2007 | Dallas, United States | – | 675 | Online degree programs are facilitated via university partnerships. | |
| macmillanlearning.com | 1946 | New York, United States | – | – | Provider of digital learning tools and classroom solutions | |
| getset.com | 2012 | Chicago, United States | $2.5M | 5 | Collaborative online platform for post-secondary student learning is facilitated. | |
| zuvio.com.tw | 2013 | Taipei, Taiwan | $2M | – | Assessment and audience response tools for universities are provided. |
Detailed competitors of We Shine Tech
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
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Verified entity values are shown only after access is granted.
Web traffic of We Shine Tech
Websites that share an audience with We Shine Tech (weshinetech.in).
Websites whose visitors overlap most with We Shine Tech. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| weshine.in | 100% | 680.7K | #10,846,373 | View details |
Latest news on We Shine Tech
Complete news archive for We Shine Tech
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
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Similar companies to We Shine Tech
10 companies that operate in the same segment as We Shine Tech (Education Technology Platforms), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Developer of a platform providing gamified language learning through interactive exercises | 2011 | Pittsburgh, Pennsylvania, United States | USD 183.3 M | USD 748.02 M | 830 | |
Online educational resources and test preparation for exams are provided. | 2016 | Noida, Uttar Pradesh, India | USD 311.77 M | USD 415.66 M | 10,293 | |
Cloud-based software for K-12 education is provided. | 1997 | Folsom, California, United States | USD 32 M | USD 47.59 M | 1,308 | |
AI-powered robots are provided as companions for children. | 2015 | Mumbai, Maharashtra, India | USD 106.21 M | – | – | |
Online platform for preschool management and parent updates is offered. | 2014 | San Francisco, California, United States | USD 88.8 M | – | – | |
Real-time classroom behavior feedback is delivered to students by teachers. | 2011 | San Francisco, California, United States | USD 221.22 M | – | – | |
Integrated edtech systems are provided for K-12 schools. | 2012 | Mumbai, Maharashtra, India | USD 172.32 M | USD 43.22 M | 1,149 | |
Cloud-based learning management systems are provided for educational courses. | 1999 | Salt Lake City, Utah, United States | USD 88.85 M | – | – | |
High-quality K-12 curriculum and assessments are provided by Amplify. | 2000 | Brooklyn, New York, United States | USD 215 M | – | – | |
One-to-one online English tutoring is provided by 51Talk. | 2011 | Beijing, China | USD 89 M | USD 95.85 M | 539 |
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Frequently Asked Questions about We Shine Tech
We Shine Tech was founded in 2010.
We Shine Tech is headquartered in Pune, India. It is registered at Pune, Maharashtra, India.
We Shine Tech has 19 employees.
The primary company behind We Shine Tech, Weshine Tech Private Limited, reported revenue of ₹9.23 Cr for FY 2025, down 28% year on year.
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.
We Shine Tech's top competitors include Instructure, D2L and 2U.
We Shine Tech offers UniApps, End-to-End Candidate Evaluation, On-Screen Marking System, and Question Paper Management.
We Shine Tech has 1 investor. Key investors include Vela Software.
We Shine Tech operates through Weshine Tech Private Limited.
Yes. We Shine Tech was acquired by Vela Software in May 2022.
The legal entities of We Shine Tech currently have 3 directors, including Utkarsh Vijay Mangudkar, Doraisamy Karthikeyan, Sandeep Ray.