Alma Connect Solutions Pvt. Ltd.
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Alma Connect Solutions Pvt. Ltd. - overview
Established
2011
Location
New Delhi, Delhi, India
Primary Industry
Internet
About
Alma Connect Solutions Pvt. Ltd. facilitates alumni engagement through a specialized platform that fosters networking, mentorship, and community building among alumni and students of educational institutions. Founded in 2011 and headquartered in New Delhi, India, Alma Connect Solutions Pvt.
Ltd. is dedicated to enhancing alumni connections for educational institutions. The company has raised INR 15. 02 million in venture funding as of May 20, 2019.
The founding team includes Jay Gupta and Swapnil Khandelwal, who also serves as the CEO. The company has successfully completed three funding deals in total, reflecting its growth in the alumni networking space. AlmaConnect specializes in building and leveraging alumni communities through its primary platform, which facilitates networking, mentorship, and engagement. The platform allows educational institutions to create robust alumni networks, enabling users to connect based on shared interests and professional backgrounds.
Key functionalities include personalized profiles, event management tools, job boards, and discussion forums, all aimed at enhancing alumni engagement and career development. The company primarily serves universities, colleges, and professional organizations across North America, Europe, and parts of Asia. In the most recent fiscal year of 2023, Alma Connect Solutions Pvt. Ltd.
reported a revenue of INR 327,187 with an EBITDA of INR 52,366. The company's revenue model is predominantly subscription-based, where educational institutions enter into multi-year agreements for access to the platform and its features. Alma Connect Solutions Pvt. Ltd.
is focused on launching new features and tools on its platform in the coming year to enhance user experience and engagement. The company is also planning to expand into new geographic regions, particularly targeting markets in North America and Europe by 2025. The recent funding of INR 15. 02 million will be utilized to support these product developments and expansion efforts.
Current Investors
3one4Capital Advisors, IIMA Ventures, Ixora Ventures
Primary Industry
Internet
Sub Industries
Education & Training Website, Social Networking & Communication Platform
Website
www.almaconnect.com
Company Stage
Angel & Seed
Total Amount Raised
Subscriber access only
Alma Connect Solutions Pvt. Ltd. - financials
| Fiscal Year Ended | Mar 31, 2013 | Mar 31, 2014 | Mar 31, 2015 | Mar 31, 2016 | Mar 31, 2017 | Mar 31, 2018 | Mar 31, 2019 | Mar 31, 2020 | Mar 31, 2021 | Mar 31, 2022 | Mar 31, 2023 | Mar 31, 2024 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (USD) | - | 670,781 | 1,529,736 | 3,251,312 | 3,372,625 | 7,727,332 | 6,167,451 | 5,927,500 | 8,846,179 | - | - | - |
| % Revenue Growth (YoY) | - | - | 128.1% | 112.5% | 3.7% | 129.1% | (20.2%) | (3.9%) | 49.2% | - | - | - |
| EBITDA (USD) | (468,509) | (2,347,992) | (2,206,912) | (1,134,471) | (4,022,043) | (4,355,221.4) | (1,015,097.7) | (10,551,345) | (6,116,877) | - | - | - |
| Operating Income (USD) | (506,164) | (2,436,531) | (2,265,740) | (1,230,827) | (4,129,038) | (5,887,931) | (2,533,995) | (12,079,222) | (7,646,734) | - | - | - |
| Operating Margin | - | (363.2%) | (148.1%) | (37.9%) | (122.4%) | (76.2%) | (41.1%) | (203.8%) | (86.4%) | - | - | - |
| % EBITDA Margin | - | (350.0%) | (144.3%) | (34.9%) | (119.3%) | (56.4%) | (16.5%) | (178.0%) | (69.1%) | - | - | - |
| NET Income (USD) | (362,178) | (1,683,643) | (1,721,854) | (931,699) | (2,981,997) | (4,379,225) | (2,499,770) | (17,985,891) | (7,885,933) | - | - | - |
| % Net Margin | - | (251.0%) | (112.6%) | (28.7%) | (88.4%) | (56.7%) | (40.5%) | (303.4%) | (89.1%) | - | - | - |
Alma Connect Solutions Pvt. Ltd. - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Unspecified Round | Completed | Alma Connect Solutions Pvt. Ltd. | - | ||||||||
| Seed | Completed | Alma Connect Solutions Pvt. Ltd. | - | ||||||||
| Unspecified Round | Completed | Alma Connect Solutions Pvt. Ltd. | - |
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