ConveGenius Edu Solutions Pvt Ltd.
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ConveGenius Edu Solutions Pvt Ltd. - overview
Established
2014
Location
Noida, Uttar Pradesh, India
Primary Industry
Software
About
Founded in 2014 and based in Noida, India, ConveGenius Edu Solutions Pvt Ltd. provides mobile-based edutainment platforms for primary school children. In February 2024, the firm raised INR 150 million in Series A funding led by investor Searce Inc. The funding was part of a larger INR 730 million Series A round.
ConveGenius offers a suite of tech-based solutions for the education sector. The firm offerings include SwiftChat an interactive platform for student engagement, and PAL (Personalized Adaptive Learning) a system that tailors educational content to individual learning needs. Additionally, it also provides PinAcLe a platform for personalized and adaptive learning as well as Impact Dashboard a tool for tracking and analyzing educational impact. The company plans to use the February 2024 funding to accelerate the development of educational tools, enhance its AI capabilities, support its cloud services, and expand its market in the US, Europe, APAC, the Middle East, and India.
Current Investors
Michael and Susan Dell Foundation, Benori Ventures, Octave Capital
Primary Industry
Software
Sub Industries
Education & Training Software, Analytics & Performance Software
Website
www.convegenius.in
Verticals
Cloud Computing, EdTech, Mobile Apps
Company Stage
Angel & Seed
Total Amount Raised
Subscriber access only
ConveGenius Edu Solutions Pvt Ltd. - timeline of key events
ConveGenius Edu Solutions Pvt Ltd. - financials
| Fiscal Year Ended | 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 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (USD) | 156,195 | 1,964,060 | 10,911,820 | 50,400,368 | 120,489,454 | 85,619,255 | 165,871,451 | - | - | - |
| % Revenue Growth (YoY) | - | 1157.4% | 455.6% | 361.9% | 139.1% | (28.9%) | 93.7% | - | - | - |
| EBITDA (USD) | (628,190) | (205,425) | (11,320,067) | (39,074,979) | (50,804,301) | (16,324,238) | (1,218,619) | - | - | - |
| Operating Income (USD) | (742,049) | (343,719) | (13,634,634) | (43,520,359) | (56,573,808) | (25,281,569) | (7,602,050) | - | - | - |
| Operating Margin | (475.1%) | (17.5%) | (125.0%) | (86.3%) | (47.0%) | (29.5%) | (4.6%) | - | - | - |
| % EBITDA Margin | (402.2%) | (10.5%) | (103.7%) | (77.5%) | (42.2%) | (19.1%) | (0.7%) | - | - | - |
| NET Income (USD) | (1,104,148) | (349,719) | (13,723,226) | (43,889,585) | (57,837,628) | (27,367,368) | (12,195,688) | - | - | - |
| % Net Margin | (706.9%) | (17.8%) | (125.8%) | (87.1%) | (48.0%) | (32.0%) | (7.4%) | - | - | - |
ConveGenius Edu Solutions Pvt Ltd. - employee data
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