Byndr

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Byndr - overview

Established

2015

Location

Hyderabad, Telangana, India

Primary Industry

Education/Training

About

Byndr is a Hyderabad-based company specializing in innovative software solutions aimed at enhancing operational efficiency and customer engagement for businesses across various sectors. Byndr, founded in 2015 and headquartered in Hyderabad, India, offers software solutions that streamline business processes and improve customer relationships. The company raised USD 0. 7 million in Seed funding in July 2016 from Ben Franklin Technology Partners, Education Design Studio, and individual investors, marking its only funding round to date.


The founder's previous entrepreneurial history is not publicly detailed. Byndr’s core offerings focus on providing tailored software applications that address specific challenges across industries. These solutions facilitate seamless integration of business processes, enhance data analytics, and improve customer relationship management. Byndr's products have been progressively released, ensuring they meet evolving customer needs and are used by small to medium enterprises as well as larger corporations in North America and Europe, ultimately leading to improved decision-making and productivity.


For the year 2023, Byndr reported a revenue of USD 981,398. 50, while its EBITDA was negative at USD -165,861. 50. The company generates revenue primarily through subscription-based services and direct sales, utilizing a model that includes tiered pricing plans for its software products, alongside partnerships that extend its market reach.


Byndr plans to leverage its recent Seed funding of USD 0. 7 million to enhance its product offerings and expand its market presence. The company is designing new software solutions aimed at improving user engagement and operational effectiveness, with launches expected in the next 12 months. Additionally, Byndr is targeting expansion into new geographic markets in Southeast Asia and Europe by 2025, aiming to establish a broader client base and increase overall market share.


Current Investors

Ben Franklin Technology Partners, Education Design Studio

Primary Industry

Education/Training

Sub Industries

Education & Training Services

Website

www.byndr.com

Verticals

Mobile Apps

Company Stage

Angel & Seed

Total Amount Raised

Subscriber access only

Byndr - timeline of key events

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Byndr - financials

Fiscal Year EndedMar 31, 2016Mar 31, 2017Mar 31, 2018Mar 31, 2019Mar 31, 2020Mar 31, 2021Mar 31, 2022Mar 31, 2023Mar 31, 2024
Revenue (USD)5,887,28218,955,7806,019,69317,623,39943,463,01880,978,658---
% Revenue Growth (YoY)-222.0%(68.2%)192.8%146.6%86.3%---
EBITDA (USD)(113,215)(400,349)(3,602,310)2,555,0276,673,4339,429,458---
Operating Income (USD)(167,421)(861,929)(3,835,353)2,123,6555,530,7098,229,806---
Operating Margin(2.8%)(4.5%)(63.7%)12.1%12.7%10.2%---
% EBITDA Margin(1.9%)(2.1%)(59.8%)14.5%15.4%11.6%---
NET Income (USD)(189,093)(874,646)(3,829,165)1,840,4684,728,2428,247,161---
% Net Margin(3.2%)(4.6%)(63.6%)10.4%10.9%10.2%---

Byndr - employee data

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