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Harappa Learning Private Limited - education in Mumbai, Maharashtra, India. Directors, charges & compliance details.
Revenue · FY 2023
₹30.48 Cr
▲ 100% YoY
Net loss · FY 2023
₹47.78 Cr
Net margin -156.8%
EBITDA · FY 2023
-₹42.6 Cr
EBITDA margin -139.8%
Authorised capital
₹75 Lakh
Registered with MCA
Paid-up capital
₹33.61 Lakh
Issued & subscribed
Company age
8 yrs
Est. 2018
Employees · EPFO
85
Provident fund records
Directors on board
3
As per MCA filings
About Harappa Learning Private Limited
Data last updated:
Harappa Learning Private Limited was a private limited company based in Mumbai, Maharashtra, India, operated as a subsidiary of Upgrad Education Private Limited. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the edtech solutions segment of the education sector. It was incorporated on 14 March 2018.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U80900MH2018PTC395418. The company has 1 GST registration on record, which is no longer active.
The company had an authorised share capital of ₹75 Lakh and a paid-up capital of ₹33.61 Lakh. It was led by directors Pramath Raj Sinha and Rohit Arun Agarwal.
Its last annual general meeting (AGM) was held on 29 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office was at Mumbai, Maharashtra.
As per the financials filed for FY 2023, the company reported a revenue of ₹30.48 Cr, a growth of 100% compared to the previous year. For the same year it recorded a net loss of ₹47.78 Cr (net margin -156.8%) and EBITDA of -₹42.6 Cr (EBITDA margin -139.8%). Revenue has grown at a compounded annual rate (CAGR) of 277% over three years.
The company had about 85 employees on its provident fund (EPFO) records before it was dissolved.
The company was associated with 2 brands: Harappa School of Leadership and Harappa. The company has 8 deals on record (3 funding rounds, 3 acquisitions, 1 rights issue), with disclosed funding of ₹72.2 Cr; the latest was in August 2022. Its 4 peer companies in the Education industry (Education Technology), with the same principal business activity (educational support services) are compared by revenue, 2 larger and 2 smaller; the largest is Beneathatree Educational Services Private Limited with revenue of ₹5.96 Cr. The company has 13 MSME Form 1 returns on record between 2020 and 2023, listing 164 overdue payments to 38 micro and small suppliers.
The last known website on record is harappa.education.
Company details
CIN U80900MH2018PTC395418
Registration Number 330853
Incorporation Date 14 March 2018
ROC Mumbai
Listing Status Unlisted
Company Status Amalgamated
Date of Last AGM 29 September 2023
Date of Balance Sheet 31 March 2023
Parent Company Upgrad Education Private Limited
DPIIT Recognition Recognised Startup
CIN history
Harappa Learning has one previous CIN (Corporate Identification Number): U80900DL2018PTC330853. The current CIN is U80900MH2018PTC395418, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U80900MH2018PTC395418 | Current |
| U80900DL2018PTC330853 | Previous |
Recognitions & Rankings of Harappa Learning
Contact details
Harappa Learning Private Limited's registered office is in Mumbai, Maharashtra. Its website is harappa.education. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Apps
- Registered AddressNishuvi Ground Floor 75 Dr. Annie Besant Road, Worli India, Mumbai, Maharashtra, India – 400018
- IndustryEducation, EdTech Solutions
To see the full contact details of Harappa Learning Private Limited, buy the company report.
Comprehensive company report
Harappa Learning Private Limited - one report that includes everything
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
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Brands
Harappa Learning operates two associated brands: Harappa School of Leadership and Harappa. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| An online platform delivering multi-disciplinary courses for professional development. | hsol.education | |
| LMS platform offering soft skills development solutions | harappa.education |
Financials of Harappa Learning Private Limited
FY 2023 filings availableHarappa Learning Private Limited reported revenue of ₹30.48 Cr (up 100% YoY) for FY 2023.
Revenue · FY 2023
₹30.48 Cr ▲ 100%
Net loss · FY 2023
₹47.78 Cr margin -156.8%
EBITDA · FY 2023
-₹42.6 Cr margin -139.8%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 100%
3 years · compounded
▲ 277%
Revenue has grown at a compounded annual rate (CAGR) of 277% over three years, including 100% growth in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹30.48 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹42.6 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹47.78 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
| Trade Payables | |||||
| Total Liabilities | |||||
| Fixed Assets | |||||
| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
| Cash and Bank Balance | |||||
| Total Assets | |||||
Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -139.8% | ||||
| Net Profit Margin | -156.8% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
| Debt-to-Equity Ratio | |||||
| Interest Coverage Ratio | |||||
| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Harappa Learning Private Limited, buy the company report.
Board of directors and KMP of Harappa Learning Private Limited
Harappa Learning Private Limited currently reports 2 directors and 1 key managerial person. 1 former director has served the organization.
Directors and KMP (as last reported)
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shreyasi Singh Also directs: P S N L Education Private Limited, S A P C Merch Private Limited | Ceo | 16 Dec 2019 | 6 Years 10 Months | As last reported |
| Pramath Raj Sinha Also directs: Pramath Raj Sinha & Associates LLP, 9.9 Group Private Limited, P S N L Education Private Limited and 5 more | Director | 23 Aug 2022 | 4 Years 2 Months | As last reported |
| Rohit Arun Agarwal | Director | 24 Aug 2022 | 4 Years 2 Months | As last reported |
Peer comparison
Harappa Learning Private Limited is compared with the 4 companies closest to it by revenue in the Education industry (Education Technology), with the same principal business activity (educational support services), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Harappa Learning Private Limitedthis company | ₹30.48 Cr (FY 2023) | -₹47.78 Cr | -156.8% | 100.0% | 85 | Mumbai, Maharashtra, India |
| Beneathatree Educational Services Private Limited | ₹5.96 Cr (FY 2025) | 21.0% | Mysore, Karnataka, India | |||
| Melimu Edutech Private Limited | ₹5.72 Cr (FY 2025) | 75.0% | Noida, Uttar Pradesh, India | |||
| Learningbot Education Private Limited | ₹5.64 Cr (FY 2024) | 4998.0% | Bangalore, Karnataka, India | |||
| Technoclass Edtech Private Limited | ₹5.5 Cr (FY 2024) | 172.0% | Mohali, Punjab, India |
To see the full peer comparison of Harappa Learning Private Limited, buy the company report.
Auditor
Harappa Learning Private Limited is audited by S.R. Batliboi & Associates LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S.R. Batliboi & Associates LLP | FY 2023 | 101049W/E300004 |
Shareholding
The shareholding of Harappa Learning Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Harappa Learning Private Limited, buy the company report.
Deals & funding
Harappa Learning Private Limited has 8 deals on record (3 funding rounds, 3 acquisitions, 1 rights issue), with disclosed funding of ₹72.2 Cr; the latest was in August 2022.
Total deals
8
Funding rounds
3
Acquisitions
3
Rights issue
1
Secondary share transfer
1
Disclosed funding
₹72.2 Cr
Deals on record (5 of 8)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Aug 2022 | Acquisition | ₹230.77 Cr | Buyer: Upgrad Education Private Limited Seller: Bodhi Tree Systems, 2 individuals |
| May 2022 | Acquisition | Undisclosed | Buyer: Bodhi Tree Systems Seller: Lupa Systems |
| Dec 2019 | Acquisition | ₹50 Cr | Buyer: Lupa Systems |
| Oct 2019 | Rights issue | ₹9 Lakh | Investors: 2 individuals |
| Mar 2019 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
To see the full deal history of Harappa Learning Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
No court or tribunal cases involving Harappa Learning Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
Harappa Learning Private Limited has 13 MSME Form 1 returns on record between 2020 and 2023, listing 164 overdue payments to 38 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 38)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Aadish Technologies and Softwares Private Limited | |||
| an individual supplier | |||
| an individual supplier | |||
| Darwinbox Digital Solutions Private Limited | |||
| Headspace HR Private Limited |
To see the full MSME payment records of Harappa Learning Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Harappa Learning Private Limited has a workforce of 85 employees on its EPFO records as of Apr 06, 2024, across 1 active EPFO establishment.
Employee count
85
Active EPFO establishments
1
Employee growth
-47.85%
GST
Harappa Learning has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
Total GSTINs
1
Cancelled / inactive
1
To see the full GST registrations and return filing status of Harappa Learning Private Limited, buy the company report.
Recent activity
Harappa Learning Private Limited has 4 board changes on record since 2019: 3 appointments and 1 cessation. The latest: Mayank Kumar ceased to be Director on 15 Jan 2023.
AGM
Harappa Learning Private Limited last Annual general meeting of members was held on 29 Sep 2023 as per latest MCA records.
Filing
Harappa Learning Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.
Ceased
Mayank Kumar ceased to be Director.
Appointed
Rohit Arun Agarwal was appointed as Director.
Appointed
Pramath Raj Sinha was appointed as Director.
Appointed
Shreyasi Singh was appointed as CEO.
Incorporation
14 Mar 2018
Harappa Learning Private Limited was registered on 14 Mar 2018 with Roc Mumbai & aged 8 years 7 months as per MCA records.
Frequently asked questions
Harappa Learning has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Harappa Learning was a private limited company based in Mumbai, Maharashtra, India. The company worked in edtech solutions, within the education industry. It was incorporated on 14 March 2018 and is registered under CIN U80900MH2018PTC395418. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Harappa Learning was incorporated on 14 March 2018. It is registered with the Registrar of Companies, Mumbai.
Harappa Learning had 3 directors and KMP:
- Pramath Raj Sinha - Director
- Rohit Arun Agarwal - Director
- Shreyasi Singh - Ceo
The CIN (Corporate Identification Number) of Harappa Learning is U80900MH2018PTC395418. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Harappa Learning is at Nishuvi Ground Floor 75 Dr. Annie Besant Road, Worli India, Mumbai, Maharashtra, India – 400018.
Yes, Harappa Learning is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Harappa Learning can be reached through the website harappa.education. Its registered office is in Mumbai, Maharashtra, India.
The latest financial statements of Harappa Learning on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 29 September 2023. Year-wise statements from FY 2018 are in the company report.
No. Harappa Learning has 1 GST registration on record and it is cancelled or inactive.
Harappa Learning operated in the education industry, in the edtech solutions segment.
Harappa Learning has 8 deals on record (3 funding rounds, 3 acquisitions, 1 rights issue), with disclosed funding of ₹72.2 Cr; the latest was in August 2022.