Serosoft Solutions Pvt Ltd.

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Serosoft Solutions Pvt Ltd. - overview

Established

2008

Location

Indore, MP, India

Primary Industry

Software

About

Based in Madhya Pradesh, India, founded by Arpit Badjatiya (CEO and MD) in 2008, Serosoft Solutions Pvt Ltd. , a part of the Hindustan Group of Companies, operates as an educational software and solutions company. In October 2022, the firm raised INR 300 million in series A funding led by investor SIDBI Venture Capital Limited. The company as of November 2022, has over 320 customers across more than 20 countries, including CECOS College London, Singapore Group of Schools, Indonesia, GNA University, Punjab, Indian Institute Of Management, Calcutta, etc.


The company’s products include educational ERP software with customized solutions through its flagship platform ACADEMIA. The company’s ACADEMIA SIS is for higher education institutes, ACADEMIA SMS is for schools and academies, and ACADEMIA TMS is for training institutions, helping in tracking the student lifecycle, automating and manage the entire campus operations, administration, and learning needs, analyze results and progress, bringing the stakeholders across the ecosystem on one platform and ensures better interaction. Serosoft’s software is featured with messaging system, internationalization, multiple languages, multiple currency advanced security features, and analytics. The other service offered by the company is the consultancy for education and ERP enterprise resource planning).


The company plans to utilize its October 2022 funding to accelerate its growth in the international markets including North America, Europe, and Australia. The firm also plans to add new features to its product and hire more employees.


Current Investors

SIDBI Venture Capital

Primary Industry

Software

Sub Industries

Consulting Services, Analytics & Performance Software, Education & Training Software

Website

www.serosoft.com

Verticals

Cloud Computing, EdTech

Company Stage

Series A

Total Amount Raised

Subscriber access only

Serosoft Solutions Pvt Ltd. - timeline of key events

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Serosoft Solutions Pvt Ltd. - financials

Fiscal Year EndedMar 31, 2013Mar 31, 2014Mar 31, 2015Mar 31, 2016Mar 31, 2017Mar 31, 2018Mar 31, 2019Mar 31, 2020Mar 31, 2021Mar 31, 2022Mar 31, 2023Mar 31, 2024
Revenue (USD)13,080,97611,581,47818,690,42822,350,01442,100,166174,843,548139,797,991254,509,818236,655,247---
% Revenue Growth (YoY)-(11.5%)61.4%19.6%88.4%315.3%(20.0%)82.1%(7.0%)---
EBITDA (USD)875,213(378,771)3,216,6065,105,26713,603,42338,309,76629,090,89599,185,11762,800,382---
Operating Income (USD)697,205(607,708)2,262,0204,359,93412,784,25436,865,28026,616,79796,453,46059,599,649---
Operating Margin5.3%(5.2%)12.1%19.5%30.4%21.1%19.0%37.9%25.2%---
% EBITDA Margin6.7%(3.3%)17.2%22.8%32.3%21.9%20.8%39.0%26.5%---
NET Income (USD)197,853(1,207,709)913,222959,4266,465,75325,648,85120,183,91274,677,66245,477,110---
% Net Margin1.5%(10.4%)4.9%4.3%15.4%14.7%14.4%29.3%19.2%---

Serosoft Solutions Pvt Ltd. - employee data

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