About Think & Learn Private Limited
Data last updated:
Think & Learn Private Limited is a private limited company based in Bangalore, Karnataka, India. The company is currently undergoing Corporate Insolvency Resolution Process (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency professional. It operates in the test prep and competitive exam coaching segment of the education sector. It was incorporated on 30 November 2011.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U80903KA2011PTC061427. Its GSTIN is 29AAECT0931A1ZR (Karnataka). The company holds 27 GST registrations, of which 25 are active.
The company has an authorised share capital of ₹6.57 Cr and a paid-up capital of ₹4.51 Cr. It is led by directors including Byju Raveendran (Managing Director) and Divya Gokulnath.
Its last annual general meeting (AGM) was held on 20 December 2023, and its latest financial statements are for the year ended 31 March 2022. The registered office is at Ibc Knowledge Park 4/1 2nd Floor Tower D Bannerghatta Main Road, Bangalore, Karnataka, India – 560029.
As per the financials filed for FY 2022, the company reported a revenue of ₹3,568.64 Cr, a growth of 118% compared to the previous year. For the same year it recorded a net loss of ₹8,245.2 Cr (net margin -231%) and EBITDA of -₹6,679.11 Cr (EBITDA margin -187.2%). Revenue has grown at a compounded annual rate (CAGR) of 57% over three years and 84% over five years.
The company has about 9,341 employees on its provident fund (EPFO) records. Its group structure includes 7 subsidiaries.
The company is associated with 4 brands: Vizyy, Brighter Bee, FlylightCRM and Byju's. As per MCA filings, the company has open charges of ₹52.89 Cr and satisfied charges of ₹444 Cr on record. Court records list 170 cases involving the company, including 34 filed by the company and 136 filed against it; 54 cases are pending. The company has 68 deals on record (32 secondary share transfers, 31 funding rounds, 3 debt financings), with disclosed funding of ₹52,328 Cr; the latest was in May 2023. The company has 5 MSME Form 1 returns on record between 2021 and 2022, listing 121 overdue payments to 17 micro and small suppliers.
The last known website on record is byjus.com.
Company details
Contact details
Think & Learn Private Limited's registered office is in Bangalore, Karnataka. Its website is byjus.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Apps
- Registered AddressIbc Knowledge Park 4/1 2nd Floor Tower D Bannerghatta Main Road, Bangalore, Karnataka, India – 560029
- IndustryEducation, Test Prep & Competitive Exam Coaching, Office & School Supplies, eLearning & Digital Education
To see the full contact details of Think & Learn 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
Think & Learn operates multiple associated brands including Vizyy, Brighter Bee, and FlylightCRM. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provides online learning for school and competitive exams preparation. | vizyy.com | |
| Offers counseling, career guidance, and assessment for students pursuing education abroad. | brighterbee.in | |
| Offers a CRM solution to enhance customer relationship management. | flylight.in | |
| Online learning programs for K-12 education are delivered. | byjus.com |
Business activity
The main business activity of Think & Learn is education. In detail, this covers higher education, technical & vocational education. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| P | Education | P2 | Higher education, technical & vocational education |
To see the full business activity and turnover split of Think & Learn Private Limited, buy the company report.
Financials of Think & Learn Private Limited
FY 2022 filings availableThink & Learn Private Limited reported revenue of ₹3,568.64 Cr (up 118% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 84% over five years, including 118% growth in the latest year. EBITDA fell 61% 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 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹3,568.64 Cr | ||||
| Cost of Materials Consumed | |||||
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| Depreciation and Amortisation | |||||
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| Total Expenses | |||||
| EBITDA | -₹6,679.11 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹8,245.2 Cr | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -187.2% | ||||
| Net Profit Margin | -231% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
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To see the full financial statements and ratios of Think & Learn Private Limited, buy the company report.
Board of directors of Think & Learn Private Limited
Think & Learn has 3 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Byju Raveendran Also directs: Byjus Investments Private Limited, Specadel Technologies Private Limited, Span Thoughtworks Private Limited and 5 more | Managing Director | 30 Nov 2011 | 14 Years 10 Months | As last reported |
| Divya Gokulnath Also directs: Byjus Investments Private Limited, Span Thoughtworks Private Limited, Intap Labs Private Limited and 1 more | Director | 30 Nov 2011 | 14 Years 10 Months | As last reported |
| Riju Ravindran Also directs: Byjus Investments Private Limited, Specadel Technologies Private Limited, Span Thoughtworks Private Limited and 5 more | Director | 30 Nov 2011 | 14 Years 10 Months | As last reported |
Auditor
Think & Learn Private Limited is audited by M S K A & Associates for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| M S K A & Associates | FY 2022 | 105047W |
Shareholding
The shareholding of Think & Learn Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Think & Learn Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 30 Nov 2021 | 100515861 | Others | ₹50 Cr | Open | |
| 30 Nov 2021 | 100514265 | Others | ₹50 Lakh | Open | |
| 08 Apr 2021 | 100453819 | Others | ₹1 Cr | Open | |
| 04 Feb 2021 | 100471590 | Axis Bank Limited | ₹1 Cr | Open | |
| 25 Sep 2018 | 100211253 | Others | ₹39.11 Lakh | Open |
To see the full charge records of Think & Learn Private Limited, buy the company report.
Total charge records: 9 View all charges
Deals & funding
Think & Learn Private Limited has 68 deals on record (32 secondary share transfers, 31 funding rounds, 3 debt financings), with disclosed funding of ₹52,328 Cr; the latest was in May 2023.
Deals on record (5 of 68)
| When | Deal | Amount | Parties |
|---|---|---|---|
| May 2023 | Debt financing | ₹2,053.25 Cr | Investors: Davidson Kempner Capital Management |
| Apr 2023 | Funding round | ₹5,758.2 Cr | |
| Oct 2022 | Funding round | ₹2,059.5 Cr | Investors: Qatar Investment Authority |
| Mar 2022 | Funding round · Series F | ₹1,321.12 Cr | Investors: Vitruvian Partners, Byjus Investments Private Limited , an individual |
| Oct 2021 | Secondary share transfer | Undisclosed | Buyer: Nuvama Private Equity (Edelweiss Private Equity) Seller: Nuvama Wealth Finance Limited |
To see the full deal history of Think & Learn 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
Think & Learn Private Limited has 170 court cases on record: 34 filed by Think & Learn, 136 filed against it. 54 cases are pending and 116 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 91 | 88 | 41 |
| High courts | 44 | 34 | 4 |
| NCLAT | 20 | 8 | 6 |
| NCLT | 13 | 6 | 3 |
| Supreme Court | 2 | 0 | 0 |
Cases on record (5 of 170)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLAT, NCLAT Chennai | Interim or miscellaneous application | Filed by the company against Aakash Educational Services Limited and 24 others | Pending |
| District court, Mumbai City Civil Court, Maharashtra | Court case (Chamber Summons) | Filed against the company by Actis Technologies Pvt Ltd | Pending |
| NCLAT, NCLAT Chennai | Court case (Caveat) | Filed by the company against Aakash Educational Services Limited & Ors | Pending |
| NCLAT, NCLAT Chennai | Company appeal | Filed by the company against Aakash Educational Services Limited & Ors and 23 others | Pending |
| NCLT, NCLT Bengaluru | Company petition | Filed by the company against Aakash Educational Services Limited & Ors | Pending |
To see the full case history of Think & Learn 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
Think & Learn Private Limited has 5 MSME Form 1 returns on record between 2021 and 2022, listing 121 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 |
|---|---|---|---|
| Practice Strategic Communications India Private Limited | |||
| an individual supplier | |||
| an individual supplier | |||
| Syncevo Technologies Private Limited | |||
| an individual supplier |
To see the full MSME payment records of Think & Learn Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Group structure & subsidiaries
Think & Learn has 7 subsidiary companies. This group structure data is as of FY 2022. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Specadel Technologies Private Limited | U72200KA2010PTC053421 | |
| Span Thoughtworks Private Limited | U72400TN2010PTC074715 | |
| Whitehat Education Technology Private Limited | U74999MH2018PTC315690 | |
| Grade Stack Learning Private Limited | U80211KA2013PTC149566 | |
| Aakash Educational Services Ltd | U80300KA2007PLC150057 | |
| Byju's K3 Education Private Limited | U80900KA2018PTC115288 |
To see the full group structure of Think & Learn Private Limited, buy the company report.
Employees & EPFO
Think & Learn Private Limited has a workforce of 9,341 employees on its EPFO records as of Jan 29, 2025, across 1 active EPFO establishment.
GST
Think & Learn has 27 GST registrations: 25 active and 2 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAECT0931A1ZR | Karnataka | Active | 01 Jul 2017 |
| 29AAECT0931A2ZQ | Karnataka | Active | 09 Aug 2017 |
| 33AAECT0931A6ZX | Tamil Nadu | Active | 29 Jun 2017 |
| 07AAECT0931A1ZX | Delhi | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Think & Learn Private Limited, buy the company report.
Recent activity
Think & Learn Private Limited has 8 board changes on record since 2011: 3 appointments and 5 cessations. The latest: Pankaj Srivastava ceased to be Irp/Rp/Liquidator on 25 Mar 2025.
13 earlier events are in the company report.
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Frequently asked questions
Think & Learn is undergoing "Corporate Insolvency Resolution Process" (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency resolution professional. The company may not be able to independently enter into new commitments during this period. This is a high-risk status - verify the resolution status before any engagement.
Think & Learn is a company under insolvency, formerly operating as a private limited company based in Bangalore, Karnataka, India. The company works in test prep and competitive exam coaching, within the education industry. It was incorporated on 30 November 2011 and is registered under CIN U80903KA2011PTC061427. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Think & Learn has 3 current directors:
- Byju Raveendran - Managing Director
- Divya Gokulnath - Director
- Riju Ravindran - Director
The latest financial statements of Think & Learn on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 20 December 2023. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Think & Learn is U80903KA2011PTC061427. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Think & Learn has open charges of ₹52.89 Cr and satisfied charges of ₹444 Cr as per latest MCA filings.
Think & Learn has 170 court cases on record: 34 filed by the company and 136 filed against it. 54 are pending. Most are in the district courts.
Think & Learn was incorporated on 30 November 2011. It is registered with the Registrar of Companies, Bangalore.
Think & Learn has 68 deals on record (32 secondary share transfers, 31 funding rounds, 3 debt financings), with disclosed funding of ₹52,328 Cr; the latest was in May 2023.
Pankaj Srivastava ceased to be Irp/Rp/Liquidator on 25 Mar 2025. Ravi Shankar Venkataraman Ganapathy Agraharam ceased to be Nominee Director on 06 Jun 2023. Vivian Wu ceased to be Nominee Director on 06 Jun 2023. Think & Learn has 8 board changes on record in total.
Think & Learn has 5 MSME Form 1 returns on record between 2021 and 2022, listing 121 overdue payments to 17 micro and small suppliers. The latest return was filed on 14 Sep 2023.