About Whitehat Education Technology Private Limited
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Whitehat Education Technology Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of Think & Learn Private Limited. It operates in the online education and learning platforms segment of the internet and digital services sector. It was incorporated on 12 October 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74999MH2018PTC315690. Its GSTIN is 27AACCW2956J1ZY (Maharashtra). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹70 Lakh and a paid-up capital of ₹43.69 Lakh. It is led by directors Byju Raveendran and Riju Ravindran.
Its last annual general meeting (AGM) was held on 30 November 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office is at Mumbai, Maharashtra.
As per the financials filed for FY 2021, the company reported a revenue of ₹484.72 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹53.27 Cr (net margin -11%) and EBITDA of -₹53.07 Cr (EBITDA margin -10.9%).
The company has about 2 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: WhiteHat Jr. Court records list 10 cases involving the company, including 3 filed by the company and 7 filed against it; 3 cases are pending. The company has 7 deals on record (2 secondary share transfers, 2 acquisitions, 2 funding rounds), with disclosed funding of ₹80.36 Cr; the latest was in July 2021. Its 3 peer companies in the Ecommerce and Internet industry (Education, Education Technology), with the same principal business activity (educational support services) are compared by revenue, 2 larger and 1 smaller; the largest is Schoolnet India Limited with revenue of ₹574.82 Cr. The company has 12 MSME Form 1 returns on record between 2019 and 2023, listing 345 overdue payments to 81 micro and small suppliers.
For more details, the company can be reached via its website whitehatjr.com.
Company details
Contact details
Whitehat Education Technology Private Limited's registered office is in Mumbai, Maharashtra. Its website is whitehatjr.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Apps
- Registered AddressOffice – 5 Kritarth Jeevan Co – Operative Housing Society 1st Floor, Lokmanya Tilak Nagar Goregaon Road 1 M.G Road, Mumbai, Maharashtra, India – 400063
- IndustryInternet, Online Education & Learning Platforms
To see the full contact details of Whitehat Education Technology 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
Whitehat Education Technology operates one associated brand: WhiteHat Jr. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provider of online coding tutoring platform for children | whitehatjr.com |
Financials of Whitehat Education Technology Private Limited
FY 2021 filings availableWhitehat Education Technology Private Limited reported revenue of ₹484.72 Cr (up 2596% YoY) for FY 2021.
Financial Statement Summary
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | |||
| Other Income | |||
| Total Revenue | ₹484.72 Cr | ||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | -₹53.07 Cr | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | -₹53.27 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 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | -10.9% | ||
| Net Profit Margin | -11% | ||
| 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 Whitehat Education Technology Private Limited, buy the company report.
Board of directors of Whitehat Education Technology Private Limited
Whitehat Education Technology has 2 current directors and 6 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 | Director | 11 Aug 2020 | 6 Years 2 Months | Current |
| Riju Ravindran Also directs: Byjus Investments Private Limited, Specadel Technologies Private Limited, Span Thoughtworks Private Limited and 5 more | Director | 11 Aug 2020 | 6 Years 2 Months | Current |
Peer comparison
Whitehat Education Technology Private Limited is compared with the 3 companies closest to it by revenue in the Ecommerce and Internet industry (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 |
|---|---|---|---|---|---|---|
| Schoolnet India Limited | ₹574.82 Cr (FY 2025) | 5.0% | New Delhi, Delhi, India | |||
| Unext Learning Private Limited | ₹512.14 Cr (FY 2025) | 2.0% | Bengaluru, Karnataka, India | |||
| Whitehat Education Technology Private Limitedthis company | ₹484.72 Cr (FY 2021) | -₹53.27 Cr | -11% | 2596.0% | 2 | Mumbai, Maharashtra, India |
| KC Overseas Education Private Limited | ₹484.65 Cr (FY 2025) | -19.0% | Nagpur, Maharashtra, India |
To see the full peer comparison of Whitehat Education Technology Private Limited, buy the company report.
Auditor
Whitehat Education Technology Private Limited is audited by MSKA & Associates for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| MSKA & Associates | FY 2021 | 105047W |
Shareholding
The shareholding of Whitehat Education Technology Private Limited is on record for 3 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Whitehat Education Technology Private Limited, buy the company report.
Deals & funding
Whitehat Education Technology Private Limited has 7 deals on record (2 secondary share transfers, 2 acquisitions, 2 funding rounds), with disclosed funding of ₹80.36 Cr; the latest was in July 2021.
Deals on record (5 of 7)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jul 2021 | Acquisition | ₹2,800.01 Cr | Buyer: Think & Learn Private Limited |
| Aug 2020 | Rights issue | ₹136.05 Cr | Investors: Think & Learn Private Limited |
| Aug 2020 | Secondary share transfer | Undisclosed | Buyer: Think & Learn Private Limited , an individual Seller: 2 individuals |
| Aug 2020 | Acquisition | ₹986.16 Cr | Buyer: Think & Learn Private Limited Seller: Nexus Venture Partners, Omidyar Network, Owl Ventures |
| Aug 2019 | Funding round · Series A | ₹71 Cr | Investors: Nexus Venture Partners, Owl Ventures, Omidyar Network |
To see the full deal history of Whitehat Education Technology 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
Whitehat Education Technology Private Limited has 10 court cases on record: 3 filed by Whitehat Education Technology, 7 filed against it. 3 cases are pending and 7 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 6 | 4 | 0 |
| District courts | 4 | 3 | 3 |
Cases on record (5 of 10)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Civil suit | Filed by the company against Think and Learn Pvt Ltd and 1 other | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Court case (SUMMONS CASES SS) | Filed against the company by Assistant/Deputy Registrar of Companies Mumbai | Pending |
| District court, Gorakhpur, Uttar Pradesh | Revision petition | Filed against the company | Pending |
| District court, Gorakhpur, Uttar Pradesh | Criminal miscellaneous application | Filed against the company by an individual | Disposed |
| Bombay High Court | Arbitration matter | Filed against the company by an individual | Disposed |
To see the full case history of Whitehat Education Technology 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
Whitehat Education Technology Private Limited has 12 MSME Form 1 returns on record between 2019 and 2023, listing 345 overdue payments to 81 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 81)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| Kritikal Solutions Private Limited | |||
| Desk Nine Private Limited | |||
| Robust Marketing and Communication | |||
| Itone Information Technologies Private Limited |
To see the full MSME payment records of Whitehat Education Technology Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Whitehat Education Technology Private Limited has a workforce of 2 employees on its EPFO records as of Oct 16, 2024, across 1 active EPFO establishment.
GST
Whitehat Education Technology has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AACCW2956J1ZY | Maharashtra | Active | 06 Nov 2018 |
To see the full GST registrations and return filing status of Whitehat Education Technology Private Limited, buy the company report.
Recent activity
Whitehat Education Technology Private Limited has 8 board changes on record since 2018: 2 appointments and 6 cessations. The latest: Karan Bajaj ceased to be Director on 31 Jul 2021.
News
From our blog
- Top Acquisitions and Mergers in 202003 Dec 2020
- Byju’s acquires WhiteHat Jr18 Aug 2020
Frequently asked questions
Whitehat Education Technology is an active private limited company based in Mumbai, Maharashtra, India. The company works in online education and learning platforms, within the internet industry. It was incorporated on 12 October 2018 (8+ years old) and is registered under CIN U74999MH2018PTC315690.
Whitehat Education Technology has 2 current directors:
- Byju Raveendran - Director
- Riju Ravindran - Director
The latest financial statements of Whitehat Education Technology on record with the MCA are for the year ended 31 March 2021. Its last annual general meeting was held on 30 November 2021. Year-wise statements from FY 2019 are in the company report.
The GSTIN of Whitehat Education Technology is 27AACCW2956J1ZY, registered in Maharashtra. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Whitehat Education Technology is U74999MH2018PTC315690. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Whitehat Education Technology has 10 court cases on record: 3 filed by the company and 7 filed against it. 3 are pending. Most are in the high courts.
Whitehat Education Technology was incorporated on 12 October 2018, making it 8+ years old. It is registered with the Registrar of Companies, Mumbai.
Whitehat Education Technology has 7 deals on record (2 secondary share transfers, 2 acquisitions, 2 funding rounds), with disclosed funding of ₹80.36 Cr; the latest was in July 2021.
The peers of Whitehat Education Technology by revenue are Schoolnet India Limited, Unext Learning Private Limited, KC Overseas Education Private Limited, all in the Ecommerce and Internet industry (Education, Education Technology), with the same principal business activity (educational support services).
Karan Bajaj ceased to be Director on 31 Jul 2021. Byju Raveendran was appointed as Director on 11 Aug 2020. Kerry Anne Bajaj ceased to be Director on 11 Aug 2020. Whitehat Education Technology has 8 board changes on record in total.
Whitehat Education Technology has 12 MSME Form 1 returns on record between 2019 and 2023, listing 345 overdue payments to 81 micro and small suppliers. The latest return was filed on 27 Apr 2023.
Whitehat Education Technology can be reached through the website whitehatjr.com. Its registered office is in Mumbai, Maharashtra, India.