About Work Better Training & Development
Work Better Training & Development is an Education company based in Mumbai (India) founded in 2008 by Swapnil Kamat and Ruchira Kamat, and was acquired by upGrad in January 2022. Corporate training in soft skills and behavior is delivered. Work Better Training & Development has raised $782.66 thousand across 1 funding round from investors including upGrad and Shrinivas V Dempo. The company has 81 employees. Work Better Training & Development was last valued at $3.86 million in July 2017. Its chief executive, as recorded, is Swapnil Kamat. Its Indian entity Work Better Training Private Limited reported revenue of ₹12.97 Cr. Its focus areas include Continuing Education Chains, Corporates and Business Skills. Its competitors include Hero Mindmine, Safeducate and EnglishCoach; 1 of its 3 listed competitors has raised funding.
Company details
Work Better Training Development was established in 2008 in Mumbai, India. Services are provided to companies in the training sector, encompassing pre-training diagnostics, video lectures, in-class sessions, and post-training engagement tools. Emphasis is placed on behavior and soft skills development. Operations serve clients such as Oyo Rooms and Tata Sky, with recognition received as Consultants of the Year in 2017.
- Headquarters Mumbai, India
- Employees 81
- Founders Swapnil Kamat, Ruchira Kamat
- Stage Acquired
- SectorsEducation
- Email••••••••
- Phone•••• ••••
- Website workbetterindia.com
- Social LinkedIn X Facebook
- Acquired by upGrad (Jan 2022)
- Legal Name Work Better Training Private Limited
- Date of Incorporation 23 Aug, 2006
- Jurisdiction Mumbai, Maharashtra, India
Associated legal entities of Work Better Training & Development
Work Better Training & Development operates through Work Better Training Private Limited (amalgamated). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2023) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Work Better Training Private Limited CIN U63040MH2006PTC300613 | Amalgamated | 23 Aug 2006 | Mumbai, Maharashtra | ₹13.0 Cr | 81 | 2 | View details |
Funding Insights of Work Better Training & Development
Work Better Training & Development has successfully raised a total of $782.66K through 1 strategic funding round. The most recent funding activity was a Angel Round of $782.66 thousand completed in July 2017. 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 $782,664
- Total Rounds 1
- Last Round Angel Round — $782,664
- First Round $782,664
(Jul 2017)
- Investors Count 1
All 1 funding rounds of Work Better Training Development with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul 2017 | $782,664 | Angel Round | $3.86M | Shrinivas V Dempo | – |
| Date | Valuation | Stage |
|---|---|---|
| Jul 2017 | $3.86M | •••••••• |
Last known valuation $3.86M (Jul 2017). 2 investors in total: 1 institutional and 1 angel.
Investors in Work Better Training & Development
Work Better Training & Development has secured backing from 2 investors, including angel and institutional investors. Prominent investors backing the company include upGrad and Shrinivas V Dempo.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Professional certification training courses are provided via an online platform. | 2015 | upgrad.com | Mumbai, India | |
SV Shrinivas V Dempo | unknown_b9522e14f2d74fafb |
Investor details for Work Better Training Development
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Board of directors of Work Better Training Private Limited (Work Better Training & Development)
Work Better Training Private Limited is the primary company behind Work Better Training & Development. The board of Work Better Training Private Limited currently have 2 directors; the longest-serving is Swapnil Kamat, appointed in 2006. 5 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Swapnil Kamat DIN 00589800 | Director | 25 Aug 2006 | 20 yrs 1 mo | Work Better Training Private Limited |
| Rohit Arun Agarwal DIN 06365250 | Director | 23 Dec 2021 | 4 yrs 10 mo | Work Better Training Private Limited |
People of Work Better Training & Development
2 people are tracked at Work Better Training & Development (2 in leadership); the tracked headcount is 81.
| Name | Role | Group |
|---|---|---|
| Co-Founder & CEO | Leadership | |
| Co-Founder | Leadership |
Complete people profiles for Work Better Training & Development
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Financials of Work Better Training & Development
Figures of Work Better Training Private Limited, the primary company behind Work Better Training & Development, for FY 2023. Revenue was ₹12.97 Cr (+98% year on year). Net loss was -₹6.75 Cr (-52% margin). EBITDA was -₹6.29 Cr (-49% margin). Revenue has grown at a compounded annual rate of -8% over three years and +14% over five years.
- ₹12.97 CrRevenue · FY 2023 · +98% YoY
- -₹6.75 CrNet loss · -52% margin
- -₹6.29 CrEBITDA · -49% margin
- ₹4.4 LakhPaid-up capital
- 81Employees (provident fund records)
- -8%Revenue CAGR, 3 years
- +14%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Work Better Training Private Limited are on its company page.
Detailed financial statements for Work Better Training & Development
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Timeline of Work Better Training & Development
4 dated milestones of Work Better Training & Development across 14 years, from founding to its latest funding, stage changes and deals.
- Founded Work Better Training & Development is founded.
- Funding First funding round of $783K.
- Milestone Reaches Minicorn status.
- Exit Acquired by upGrad.
Competitors of Work Better Training & Development
Work Better Training & Development has 3 listed competitors in our database, 1 of them funded. They include Hero Mindmine, Safeducate and EnglishCoach.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| heromindmine.com | 2000 | Delhi, India | $4.01M | 36 | BPO, Retail and Banking Training | |
| safeducate.com | 2007 | Delhi, India | 38 | Offers training and skill development services in logistics and supply chain management. | ||
| englishcoachservices.com | 2013 | Chennai, India | EnglishCoach operates a chain of centers offering business communication training and assessments. |
Detailed competitors of Work Better Training Development
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Top companies in Continuing Education Institutes
2 companies that operate in the same segment as Work Better Training & Development (Continuing Education Institutes) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Offers training and development solutions to individuals, enterprises, and institutions | 1981 | Gurugram, Haryana, India | USD 41.57 M | |||
Center of education providing skill development programs | 2009 | Bengaluru, Karnataka, India | USD 990.88 K | 68 |
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Related news about Work Better Training & Development
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Frequently Asked Questions about Work Better Training & Development
Work Better Training & Development was founded in 2008 and raised its 1st funding round 9 years after it was founded.
Work Better Training & Development is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Swapnil Kamat is the CEO of Work Better Training & Development, as recorded in our data. They have also founded this company.
Work Better Training & Development is a funded company, having raised a total of $782.66K across 1 funding round to date. The company's 1st funding round was a Angel Round of $782.66K, raised on Jul 2017.
Work Better Training & Development has 81 employees.
The primary company behind Work Better Training & Development, Work Better Training Private Limited, reported revenue of ₹12.97 Cr for FY 2023, up 98% year on year.
Work Better Training Development was established in 2008 in Mumbai, India. Services are provided to companies in the training sector, encompassing pre-training diagnostics, video lectures, in-class sessions, and post-training engagement tools. Emphasis is placed on behavior and soft skills development. Operations serve clients such as Oyo Rooms and Tata Sky, with recognition received as Consultants of the Year in 2017.
Work Better Training & Development's top competitors include Hero Mindmine, Safeducate and EnglishCoach.
Work Better Training & Development has 2 investors. Key investors include upGrad, and Shrinivas V Dempo.
The valuation of Work Better Training & Development is $3.86M as of Jul 2017.
Work Better Training & Development operates through Work Better Training Private Limited.
Yes. Work Better Training & Development was acquired by upGrad in January 2022.