About Nolan Edutech Private Limited
Data last updated:
Nolan Edutech Private Limited is a private limited company based in Bangalore South, Karnataka, India, recognised as a startup by DPIIT. It operates in the corporate training and development segment of the education sector. It was incorporated on 29 March 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U80210KA2019PTC122972. Its GSTIN is 29AAGCN4748P1ZL (Karnataka).
The company has an authorised share capital of ₹21 Lakh and a paid-up capital of ₹14.4 Lakh. It is led by directors including Sushma Shukla and Prateek Kumar Shukla.
Its last annual general meeting (AGM) was held on 13 May 2025, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Sector 7, Bangalore South, Karnataka.
As per the financials filed for FY 2025, the company reported a revenue of ₹63.81 Cr, a growth of 93% compared to the previous year. For the same year it recorded a net loss of ₹31.87 Cr (net margin -49.9%) and EBITDA of -₹30.6 Cr (EBITDA margin -47.9%). Revenue has grown at a compounded annual rate (CAGR) of 53% over three years and 159% over five years.
The company has about 264 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Masai School. As per MCA filings, the company has open charges of ₹8 Cr on record. Court records list 1 case involving the company. The company has 10 deals on record (8 funding rounds, 1 debt financing, 1 secondary share transfer), with disclosed funding of ₹120.15 Cr; the latest was in March 2023. Its 10 peer companies in the Education industry (Corporate and Commercial Training) are compared by revenue, 5 larger and 5 smaller; the largest is Sanchhaya Education Private Limited.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website masaischool.com.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressGround Floor 1st Floor And 2nd Floor Incubex 21 Building No. 1178, 5th Main Road Sector 7, Bangalore South, Karnataka, India – 560102
- IndustryEducation, Corporate Training & Development
- 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 Nolan Edutech Private Limited
The main business activity of Nolan Edutech is education. In detail, this covers higher education, technical & vocational education.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| P | Education | P2 | Higher education, technical & vocational 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 Nolan Edutech Private Limited FY 2024 filings available
Nolan Edutech Private Limited reported revenue of ₹63.81 Cr (up 93% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Nolan Edutech Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 159% over five years, including 93% growth in the latest year. EBITDA rose 24% 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 Nolan Edutech Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | -₹30.6 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹31.87 Cr | •••• | •••• | •••• | •••• |
| Balance Sheet | |||||
| Share Capital | •••• | •••• | •••• | •••• | •••• |
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| Short-term Borrowings | •••• | •••• | •••• | •••• | •••• |
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Financial Ratios of Nolan Edutech Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -47.9% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -49.9% | •••• | •••• | •••• | •••• |
| Return on Equity (ROE) | •••• | •••• | •••• | •••• | •••• |
| Return on Capital Employed (ROCE) | •••• | •••• | •••• | •••• | •••• |
| Return on Assets (ROA) | •••• | •••• | •••• | •••• | •••• |
| Liquidity and Debt | |||||
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| Quick Ratio | •••• | •••• | •••• | •••• | •••• |
| Debt-to-Equity Ratio | •••• | •••• | •••• | •••• | •••• |
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| Efficiency and Growth | |||||
| Asset Turnover | •••• | •••• | •••• | •••• | •••• |
| Receivable Days | •••• | •••• | •••• | •••• | •••• |
| Payable Days | •••• | •••• | •••• | •••• | •••• |
| Inventory Days | •••• | •••• | •••• | •••• | •••• |
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| 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 Nolan Edutech are in the company report.
Financial statements from FY 2019
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 Nolan Edutech Private Limited
Nolan Edutech Private Limited is compared with the companies closest to it by revenue in the Education industry (Corporate and Commercial Training). Revenue, net profit, margin and growth of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Sanchhaya Education Private Limited | •••• | •••• | •••• | •••• | 164 | Noida, Uttar Pradesh, India |
| Hni GBSC India Private Limited | •••• | •••• | •••• | •••• | - | Haveli, Maharashtra, India |
| Blackboard E-Learning Private Limited | •••• | •••• | •••• | •••• | 46 | Noida, Uttar Pradesh, India |
| Turnitin India Private Limited | •••• | •••• | •••• | •••• | 55 | New Delhi, Delhi, India |
| Smartbrains Engineers & Technologist Private Limited | •••• | •••• | •••• | •••• | 38 | Shahdara, Delhi, India |
| Nolan Edutech Private Limited this company | •••• | •••• | •••• | •••• | - | Bangalore South, Karnataka, India |
| Rajveer Knowledge Foundation | •••• | •••• | •••• | •••• | - | Pune, Maharashtra, India |
| Millennium Education Management Private Limited | •••• | •••• | •••• | •••• | - | Noida, Uttar Pradesh, India |
| Mind Leaders Learning India Private Limited | •••• | •••• | •••• | •••• | 1,204 | New Delhi, Delhi, India |
| Grow Talent Company Limited | •••• | •••• | •••• | •••• | - | Gurgaon, Haryana, India |
| Venture Skillindia Private Limited | •••• | •••• | •••• | •••• | 36 | Ranchi, Jharkhand, India |
Peers are the five companies nearest above and the five nearest below Nolan Edutech by revenue in the Education industry (Corporate and Commercial Training), from the latest filed financials of each company. Revenue, net profit, margin and growth of each peer are in the company report.
Auditor Details of Nolan Edutech Private Limited
Nolan Edutech Private Limited is audited by JHAWAR MANTRI AND ASSOCIATES for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| JHAWAR MANTRI AND ASSOCIATES | 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 Nolan Edutech Private Limited
Nolan Edutech has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sushma Shukla | Director | 29 Mar 2019 | 7 Years 6 Months | Current |
| Abhirup Ajoy Sarkar Also directs: Pranaventures Manager LLP, Revfin Services Private Limited, Nextgen Project Management Systems Private Limited and 2 more | Nominee Director | 17 Mar 2025 | 1 Years 6 Months | Current |
| Prateek Kumar Shukla | Director | 29 Mar 2019 | 7 Years 6 Months | Current |
Ownership and Shareholding of Nolan Edutech 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 Nolan Edutech Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 01 Dec 2022 | Others | ₹8 Cr | Open |
Total charge records: 1 View all charges
Deals & Funding of Nolan Edutech Private Limited
Nolan Edutech Private Limited has 10 deals on record (8 funding rounds, 1 debt financing, 1 secondary share transfer), with disclosed funding of ₹120.15 Cr; the latest was in March 2023.
Deals on record (5 of 10)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Dec 2022 | Debt financing | ₹8 Cr | Investors: Alteria Capital |
| Mar 2021 | Funding round · Pre-Series B | ₹35.04 Cr | Investors: Omidyar Network, India Quotient, Unitus Ventures |
| Aug 2020 | Funding round · Series A | ₹13.32 Cr | Investors: Unitus Ventures, India Quotient |
| Jan 2020 | Funding round · Pre-Series A | ₹4.23 Cr | Investors: India Quotient, Angel List |
| May 2019 | Funding round · Seed | ₹1.32 Cr | Investors: India Quotient, 3 individuals |
Full deal history
All 10 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.
Legal Cases of Nolan Edutech Private Limited
Nolan Edutech Private Limited has 1 court case on record: 1 where it is another party. All case is disposed. Status as checked on 21 Sep 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 1 | 0 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Allahabad High Court | Writ petition | Company is another party | Disposed |
Full case history
All 1 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
Associated Brands with Nolan Edutech Private Limited
Nolan Edutech operates one associated brand: Masai School. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provider of job oriented software training solutions | masaischool.com |
Employees and EPFO Compliance at Nolan Edutech Private Limited
Nolan Edutech Private Limited has a workforce of 264 employees as of Apr 10, 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.
News related to Nolan Edutech Private Limited
Recent Activity on Nolan Edutech Private Limited
Nolan Edutech Private Limited has 4 board changes on record since 2019: 3 appointments and 1 cessation. The latest: Abhirup Ajoy Sarkar was appointed as Nominee Director on 17 Mar 2025.
Credit Ratings, Litigation & Regulatory Alerts for Nolan Edutech 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.
MSME Payment Delays by Nolan Edutech Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Nolan Edutech 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 Nolan Edutech Private Limited
Nolan Edutech has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAGCN4748P1ZL | Karnataka | Active | 18 May 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 Nolan Edutech 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 Nolan Edutech Private Limited
Nolan Edutech is an active private limited company based in Bangalore South, Karnataka, India. The company works in corporate training and development, within the education industry. It was incorporated on 29 March 2019 (7+ years old) and is registered under CIN U80210KA2019PTC122972.
Nolan Edutech reported revenue of ₹63.81 Cr for FY 2025 (up 93% YoY).
Nolan Edutech has 3 current directors:
- Sushma Shukla - Director
- Abhirup Ajoy Sarkar - Nominee Director
- Prateek Kumar Shukla - Director
Nolan Edutech reported a net loss of ₹31.87 Cr (net margin -49.9%) and EBITDA of -₹30.6 Cr (EBITDA margin -47.9%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Nolan Edutech is 53% over three years and 159% over five years. In the latest year (FY 2025) revenue rose 93%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Nolan Edutech is 29AAGCN4748P1ZL, registered in Karnataka.
The CIN (Corporate Identification Number) of Nolan Edutech is U80210KA2019PTC122972. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Nolan Edutech has 1 court case on record.
Nolan Edutech was incorporated on 29 March 2019, making it 7+ years old. It is registered with the Registrar of Companies, Bangalore.
Nolan Edutech has 10 deals on record (8 funding rounds, 1 debt financing, 1 secondary share transfer), with disclosed funding of ₹120.15 Cr; the latest was in March 2023.
The peers of Nolan Edutech by revenue are Sanchhaya Education Private Limited, Hni GBSC India Private Limited, Blackboard E-Learning Private Limited, Turnitin India Private Limited, Smartbrains Engineers & Technologist Private Limited and 5 more, all in the Education industry (Corporate and Commercial Training).