About Ivy Minds Learning Solutions Private Limited
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Ivy Minds Learning Solutions Private Limited is a private limited company based in Mumbai, Maharashtra, India, recognised as a startup by DPIIT. It operates in the edtech solutions segment of the education sector. It was incorporated on 17 June 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U80100MH2020PTC340731. Its GSTIN is 27AAFCI6667R1ZL (Maharashtra).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹24,448. It is led by directors including Atul Chugh (Whole-Time Director) and Payal Gaba (Whole-Time Director).
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 927 Summit Business Bay Andheri (E) Ctc No. 266 And 166 To 172 Of Village Gu, Mumbai, Maharashtra, India – 400093.
As per the financials filed for FY 2025, the company reported a revenue of ₹7.81 Cr, a growth of 148% compared to the previous year. For the same year it recorded a net loss of ₹6.14 Cr (net margin -78.6%) and EBITDA of -₹4.82 Cr (EBITDA margin -61.7%). Revenue has grown at a compounded annual rate (CAGR) of 50% over three years.
The company has about 28 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Beyondskool. As per MCA filings, the company has satisfied charges of ₹8 Cr on record. The company has 4 deals on record (4 funding rounds), with disclosed funding of ₹29.7 Cr; the latest was in November 2022. Its 10 peer companies in the Education industry (Education Technology) are compared by revenue, 5 larger and 5 smaller; the largest is Nexquare Education Technologies India Private Limited with revenue of ₹8.86 Cr. The company has 8 MSME Form 1 returns on record between 2021 and 2023, listing 130 overdue payments to 17 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website gobeyondskool.com.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered Address927 Summit Business Bay Andheri (E) Ctc No. 266 And 166 To 172 Of Village Gu, Mumbai, Maharashtra, India – 400093
- IndustryEducation, EdTech Solutions
- 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
- One PDF report, delivered after checkout
Business Activity of Ivy Minds Learning Solutions Private Limited
The main business activity of Ivy Minds Learning Solutions is education. In detail, this covers sports, recreation, cultural and other education.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| P | Education | P3 | Sports, recreation, cultural and other education | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Ivy Minds Learning Solutions Private Limited FY 2025 filings available
Ivy Minds Learning Solutions Private Limited reported revenue of ₹7.81 Cr (up 148% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Ivy Minds Learning Solutions Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 50% over three years, including 148% growth in the latest year. EBITDA fell 41% 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 of Ivy Minds Learning Solutions Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | -₹4.82 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹6.14 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 of Ivy Minds Learning Solutions Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -61.7% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -78.6% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Ivy Minds Learning Solutions are in the company report.
Financial statements from FY 2021
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Ivy Minds Learning Solutions Private Limited
Ivy Minds Learning Solutions Private Limited is compared with the companies closest to it by revenue in the Education industry (Education Technology). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Nexquare Education Technologies India Private Limited | ₹8.86 Cr (FY 2025) | •••• | •••• | 266.0% | •••• | Ernakulam, Kerala, India |
| Argasia Education Private Limited | ₹8.83 Cr (FY 2024) | •••• | •••• | 12.0% | •••• | Noida, Uttar Pradesh, India |
| Marketstrat Business Solutions Private Limited | ₹8.77 Cr (FY 2024) | •••• | •••• | 649.0% | •••• | Katihar, Bihar, India |
| Vipre SG India Private Limited | ₹8.69 Cr (FY 2024) | •••• | •••• | -13.0% | •••• | Pune, Maharashtra, India |
| Edulab Educational Exchange Private Limited | ₹8.39 Cr (FY 2024) | •••• | •••• | 31.0% | •••• | Mumbai, Maharashtra, India |
| Ivy Minds Learning Solutions Private Limited this company | ₹7.81 Cr (FY 2025) | •••• | •••• | 148.0% | •••• | Mumbai, Maharashtra, India |
| Innoverts Network Private Limited | ₹7.61 Cr (FY 2024) | •••• | •••• | 1.0% | •••• | Bangalore, Karnataka, India |
| Elemento Learning Technologies Private Limited | ₹7.58 Cr (FY 2025) | •••• | •••• | 40.0% | •••• | Bangalore, Karnataka, India |
| Infogem Web Solutions Private Limited | ₹7.54 Cr (FY 2024) | •••• | •••• | 16.0% | •••• | Chennai, Tamil Nadu, India |
| Sppu Edutech Foundation | ₹7.53 Cr (FY 2025) | •••• | •••• | 28.0% | •••• | Pune, Maharashtra, India |
| IIT Kharagpur Ai4icps I Hub Foundation | ₹7.43 Cr (FY 2025) | •••• | •••• | -63.0% | •••• | Kharagpur, West Bengal, India |
Peers are the five companies nearest above and the five nearest below Ivy Minds Learning Solutions by revenue in the Education industry (Education Technology), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Ivy Minds Learning Solutions Private Limited
Ivy Minds Learning Solutions Private Limited is audited by CHIRAG SARVAIYA & CO. for the financial year 2022.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| CHIRAG SARVAIYA & CO. | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Ivy Minds Learning Solutions Private Limited
Ivy Minds Learning Solutions has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rahul Saha Also directs: Tomorrow Capital Advisors LLP, Tomorrow Capital Asset Management Private Limited, Bonito Designs Private Limited and 1 more | Nominee Director | 29 Jun 2021 | 5 Years 3 Months | Current |
| Atul Chugh | Whole-Time Director | 17 Jun 2020 | 6 Years 3 Months | Current |
| Payal Gaba | Whole-Time Director | 17 Jun 2020 | 6 Years 3 Months | Current |
Ownership and Shareholding of Ivy Minds Learning Solutions Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Ivy Minds Learning Solutions Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 25 Jan 2022 | Others | ₹2 Cr | Satisfied |
| 01 Jul 2021 | Others | ₹6 Cr | Satisfied |
Total charge records: 2 View all charges
Deals & Funding of Ivy Minds Learning Solutions Private Limited
Ivy Minds Learning Solutions Private Limited has 4 deals on record (4 funding rounds), with disclosed funding of ₹29.7 Cr; the latest was in November 2022.
Deals on record (4 of 4)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Nov 2022 | Funding round | ₹3.64 Cr | Investors: Tomorrow Capital |
| Feb 2022 | Funding round | ₹18.21 Cr | Investors: Tomorrow Capital |
| Jan 2022 | Funding round | ₹1.59 Cr | Investors: Tomorrow Capital |
| Sep 2020 | Funding round | ₹6.27 Cr | Investors: Lodha Ventures, an individual |
Full deal history
All 4 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
MSME Payment Delays by Ivy Minds Learning Solutions Private Limited
Ivy Minds Learning Solutions Private Limited has 8 MSME Form 1 returns on record between 2021 and 2023, listing 130 overdue payments to 17 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 17)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Karma Management Global Consulting Solutions Private Limited | •••• | •••• | •••• |
| PWW Distribution India Private Limited | •••• | •••• | •••• |
| Searce Cosourcing Service Private Limited | •••• | •••• | •••• |
| Marketxpander Services Private Limited | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
Full MSME payment history
Every supplier, amount and due date from all 8 MSME Form 1 returns is in the company report.
- Every reported supplier due
- Amounts and due dates
- Reasons given in each return
- Period-by-period history
Verified entity values are shown only after access is granted.
Individuals and sole proprietors among the suppliers are not named. Amounts, due dates and filing dates are in the company report.
Associated Brands with Ivy Minds Learning Solutions Private Limited
Ivy Minds Learning Solutions operates one associated brand: Beyondskool. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provider of intelligence curriculum for school students | gobeyondskool.com |
Employees and EPFO Compliance at Ivy Minds Learning Solutions Private Limited
Ivy Minds Learning Solutions Private Limited has a workforce of 28 employees as of Apr 04, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Group Structure of Ivy Minds Learning Solutions Private Limited
Ivy Minds Learning Solutions has 1 associated company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
CIN History of Ivy Minds Learning Solutions Private Limited
Ivy Minds Learning Solutions has one previous CIN (Corporate Identification Number): U93090MH2020PTC340731. The current CIN is U80100MH2020PTC340731, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U80100MH2020PTC340731 | Current |
| U93090MH2020PTC340731 | Previous |
Recent Activity on Ivy Minds Learning Solutions Private Limited
Ivy Minds Learning Solutions Private Limited has 5 board changes on record since 2020: 3 appointments and 2 cessations. The latest: Rahul Saha was appointed as Nominee Director on 29 Jun 2021.
2 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Ivy Minds Learning Solutions Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Ivy Minds Learning Solutions Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Ivy Minds Learning Solutions Private Limited
Ivy Minds Learning Solutions has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAFCI6667R1ZL | Maharashtra | Active | 30 Sep 2020 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Ivy Minds Learning Solutions Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Ivy Minds Learning Solutions Private Limited
Ivy Minds Learning Solutions is an active private limited company based in Mumbai, Maharashtra, India. The company works in edtech solutions, within the education industry. It was incorporated on 17 June 2020 (6+ years old) and is registered under CIN U80100MH2020PTC340731.
Ivy Minds Learning Solutions reported revenue of ₹7.81 Cr for FY 2025 (up 148% YoY).
Ivy Minds Learning Solutions has 3 current directors:
- Atul Chugh - Whole-Time Director
- Payal Gaba - Whole-Time Director
- Rahul Saha - Nominee Director
Ivy Minds Learning Solutions reported a net loss of ₹6.14 Cr (net margin -78.6%) and EBITDA of -₹4.82 Cr (EBITDA margin -61.7%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Ivy Minds Learning Solutions is 50% over three years. In the latest year (FY 2025) revenue rose 148%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Ivy Minds Learning Solutions is 27AAFCI6667R1ZL, registered in Maharashtra.
The CIN (Corporate Identification Number) of Ivy Minds Learning Solutions is U80100MH2020PTC340731. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ivy Minds Learning Solutions was incorporated on 17 June 2020, making it 6+ years old. It is registered with the Registrar of Companies, Mumbai.
Ivy Minds Learning Solutions has 4 deals on record (4 funding rounds), with disclosed funding of ₹29.7 Cr; the latest was in November 2022.
The peers of Ivy Minds Learning Solutions by revenue are Nexquare Education Technologies India Private Limited, Argasia Education Private Limited, Marketstrat Business Solutions Private Limited, Vipre SG India Private Limited, Edulab Educational Exchange Private Limited and 5 more, all in the Education industry (Education Technology).
Rahul Saha was appointed as Nominee Director on 29 Jun 2021. Atul Chugh ceased to be Director on 23 Jul 2020. Payal Gaba ceased to be Director on 23 Jul 2020. Ivy Minds Learning Solutions has 5 board changes on record in total.
Yes, Ivy Minds Learning Solutions is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).