About Pigeon Education Technology India Private Limited
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Pigeon Education Technology India Private Limited is a private limited company based in Bangalore, Karnataka, India, a subsidiary of Daituzi Education Technology Corporation Limited. It operates in the elearning and digital education segment of the education sector. It was incorporated on 30 August 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U80903KA2019PTC127523. Its GSTIN is 29AAKCP7484L1ZG (Karnataka).
The company has an authorised share capital of ₹7.47 Cr and a paid-up capital of ₹7.47 Cr. It is led by directors including Liu Can (Managing Director) and Vedant Hamirwasia.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Bangalore, Karnataka.
As per the financials filed for FY 2025, the company reported a revenue of ₹86.47 Cr, a growth of 46% compared to the previous year. For the same year it recorded a net loss of ₹35.36 Cr (net margin -40.9%) and EBITDA of -₹22.02 Cr (EBITDA margin -25.5%). Revenue has grown at a compounded annual rate (CAGR) of 120% over three years and 415% over five years.
The company has about 575 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Oda Class. Court records list 6 cases involving the company, including 4 filed by the company and 2 filed against it; 4 cases are pending. The company has 3 deals on record (1 funding round, 1 rights issue, 1 secondary share transfer), with disclosed funding of ₹4.2 Cr; the latest was in August 2024. Its 4 peer companies in the Education industry (E Learning, Education, Education Technology), with the same principal business activity (educational support services) are compared by revenue, 1 larger and 3 smaller; the largest is Nord Anglia Education Infrastructure Private Limited with revenue of ₹86.85 Cr. The company has 2 MSME Form 1 returns on record for the period ending Sep 2022, listing 22 overdue payments to 1 micro and small supplier.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website pigeonedu.com.
Company details
Contact details
Pigeon Education Technology India Private Limited's registered office is in Bangalore, Karnataka. Its website is pigeonedu.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressFloor No. 7 And 8 Indiqube Fore Sy No. 103, (Old Sy. No. 45) Mullur Village Varthur Hobli, Bangalore, Karnataka, India – 560087
- IndustryEducation, eLearning & Digital Education
To see the full contact details of Pigeon Education Technology India Private Limited, buy the company report.
- 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
Brands
Pigeon Education Technology India operates one associated brand: Oda Class. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Online tutoring platform for k-12 students | odaclass.com |
Financials of Pigeon Education Technology India Private Limited
FY 2024 filings availablePigeon Education Technology India Private Limited reported revenue of ₹86.47 Cr (up 46% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 415% over five years, including 46% 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 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 | ₹86.47 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹22.02 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹35.36 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
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| Investments | |||||
| Inventories | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -25.5% | ||||
| Net Profit Margin | -40.9% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Efficiency and Growth | |||||
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To see the full financial statements and ratios of Pigeon Education Technology India Private Limited, buy the company report.
Board of directors of Pigeon Education Technology India Private Limited
Pigeon Education Technology India has 4 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Liu Can | Managing Director | 18 Oct 2019 | 7 Years 0 Months | Current |
| Vedant Hamirwasia | Director | 14 Dec 2022 | 3 Years 10 Months | Current |
| Kusuma Sri Puvvala | Additional Director | 24 Oct 2024 | 2 Years 0 Months | Current |
| Vikas Pratap Singh | Additional Director | 27 Dec 2025 | 0 Years 10 Months | Current |
Peer comparison
Pigeon Education Technology India Private Limited is compared with the 4 companies closest to it by revenue in the Education industry (E Learning, Education, 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 |
|---|---|---|---|---|---|---|
| Nord Anglia Education Infrastructure Private Limited | ₹86.85 Cr (FY 2025) | 10.0% | Hyderabad, Telangana, India | |||
| Pigeon Education Technology India Private Limitedthis company | ₹86.47 Cr (FY 2025) | -₹35.36 Cr | -40.9% | 46.0% | 575 | Bangalore, Karnataka, India |
| Addictive Learning Technology Limited | ₹85.86 Cr (FY 2025) | 30.0% | Gurgaon, Haryana, India | |||
| Elevate Education Technology Private Limited | ₹80.56 Cr (FY 2025) | 37.0% | New Delhi, Delhi, India | |||
| Enlearn Education Private Limited | ₹79.61 Cr (FY 2024) | 179.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Pigeon Education Technology India Private Limited, buy the company report.
Auditor
Pigeon Education Technology India Private Limited is audited by S A R C S & Associates for the financial year 2025.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S A R C S & Associates | FY 2025 | 030336C |
Shareholding
The shareholding of Pigeon Education Technology India Private Limited is on record for 5 financial years, the latest being FY 2024, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Pigeon Education Technology India Private Limited, buy the company report.
Deals & funding
Pigeon Education Technology India Private Limited has 3 deals on record (1 funding round, 1 rights issue, 1 secondary share transfer), with disclosed funding of ₹4.2 Cr; the latest was in August 2024.
Deals on record (3 of 3)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Aug 2024 | Funding round · Series B | ₹4.2 Cr | Investors: Daituzi Education Technology Corporation, Matrix Partners China, an individual |
| Apr 2020 | Rights issue | ₹18.65 Cr | Investors: Daituzi Education Technology Corporation Limited |
| Oct 2019 | Secondary share transfer | Undisclosed | Buyer: Daituzi Education Technology Corporation Limited, Daituzi Education Technology Corporation Limited & Liu can Seller: 2 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Pigeon Education Technology India Private Limited has 6 court cases on record: 4 filed by Pigeon Education Technology India, 2 filed against it. 4 cases are pending and 2 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 0 | 2 |
| High courts | 3 | 2 | 2 |
Cases on record (5 of 6)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Court case (Com.O.S.) | Filed by the company against Genstrive Private Limited and 1 other | Pending |
| District court, BENGALURU, Karnataka | Civil suit | Filed by the company against Bennett Coleman and Company Limited and 11 others | Disposed |
| High Court of Karnataka | Writ petition | Filed against the company by an individual | Pending |
| High Court, KARNATAKA | Appeal | Filed against the company by an individual | Pending |
| District court, BENGALURU, Karnataka | Civil suit | Filed by the company against an individual | Pending |
To see the full case history of Pigeon Education Technology India Private Limited, buy the company report.
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.
MSME payment delays
Pigeon Education Technology India Private Limited has 2 MSME Form 1 returns on record for the period ending Sep 2022, listing 22 overdue payments to 1 micro and small supplier. 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 (1 of 1)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Nangia & Co. LLP |
To see the full MSME payment records of Pigeon Education Technology India Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Pigeon Education Technology India Private Limited has a workforce of 575 employees on its EPFO records as of Jan 22, 2026, across 1 active EPFO establishment.
GST
Pigeon Education Technology India has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAKCP7484L1ZG | Karnataka | Active | 30 Sep 2019 |
To see the full GST registrations and return filing status of Pigeon Education Technology India Private Limited, buy the company report.
Recent activity
Pigeon Education Technology India Private Limited has 9 board changes on record since 2019: 4 appointments and 5 cessations. The latest: Vikas Pratap Singh was appointed as Additional Director on 27 Dec 2025.
News
Frequently asked questions
Pigeon Education Technology India is an active private limited company based in Bangalore, Karnataka, India. The company works in elearning and digital education, within the education industry. It was incorporated on 30 August 2019 (7+ years old) and is registered under CIN U80903KA2019PTC127523.
Pigeon Education Technology India has 4 current directors:
- Liu Can - Managing Director
- Vedant Hamirwasia - Director
- Kusuma Sri Puvvala - Additional Director
- Vikas Pratap Singh - Additional Director
The latest financial statements of Pigeon Education Technology India on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2020 are in the company report.
The GSTIN of Pigeon Education Technology India is 29AAKCP7484L1ZG, registered in Karnataka.
The CIN (Corporate Identification Number) of Pigeon Education Technology India is U80903KA2019PTC127523. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Pigeon Education Technology India has 6 court cases on record: 4 filed by the company and 2 filed against it. 4 are pending. Most are in the district courts.
Pigeon Education Technology India was incorporated on 30 August 2019, making it 7+ years old. It is registered with the Registrar of Companies, Bangalore.
Pigeon Education Technology India has 3 deals on record (1 funding round, 1 rights issue, 1 secondary share transfer), with disclosed funding of ₹4.2 Cr; the latest was in August 2024.
The peers of Pigeon Education Technology India by revenue are Nord Anglia Education Infrastructure Private Limited, Addictive Learning Technology Limited, Elevate Education Technology Private Limited, Enlearn Education Private Limited, all in the Education industry (E Learning, Education, Education Technology), with the same principal business activity (educational support services).
Vikas Pratap Singh was appointed as Additional Director on 27 Dec 2025. Kusuma Sri Puvvala was appointed as Additional Director on 24 Oct 2024. Vedant Hamirwasia was appointed as Director on 14 Dec 2022. Pigeon Education Technology India has 9 board changes on record in total.
Pigeon Education Technology India has 2 MSME Form 1 returns on record for the period ending Sep 2022, listing 22 overdue payments to 1 micro and small supplier. The latest return was filed on 07 Nov 2023.
Pigeon Education Technology India can be reached through the website pigeonedu.com. Its registered office is in Bangalore, Karnataka, India.
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