Edvizo Media Pvt. Ltd.
Have updates for this profile? Please contribute data
= Subscriber Access Only
You are viewing a preview of this profile. Request a Preqin Pro demo for full access to all profiles and underlying data.
With Preqin Pro, you gain an unobstructed view of all alternative asset class activity across institutional investors, fund managers, funds, portfolio companies, deals, exits, and service providers.
Edvizo Media Pvt. Ltd. - overview
Established
2017
Location
Bangalore, Karnataka, India
Primary Industry
Internet
About
Edvizo Media Pvt. Ltd. is an educational technology company specializing in crash courses for competitive exams, focusing on key subjects to enhance students' academic performance and exam readiness. Founded in 2017 and headquartered in Bangalore, India, Edvizo Media Pvt.
Ltd. provides online courses primarily aimed at students preparing for competitive exams. The company has successfully raised INR 11. 3 million in venture funding from ah!
Ventures in November 2021, marking a key milestone in its funding journey. Ravi Nishant serves as both the founder and CEO of the company, driving its vision and strategic direction. Edvizo primarily offers crash courses for students preparing for competitive exams, including JEE Main, JEE Advanced, NEET, BITSAT, WBJEE, and UCEED. These courses provide comprehensive instruction across key subjects such as Physics, Chemistry, and Biology, facilitated through live classes by experienced instructors, interactive doubt-clearing sessions, and access to recorded lectures.
Aimed at high school students in urban educational hubs in India, Edvizo seeks to enhance educational opportunities tailored to the needs of aspiring students. In the most recent fiscal year, 2023, Edvizo reported a revenue of INR 13,020. 6 mn. The company's revenue structure is primarily based on course fees for various crash courses, such as INR 4,999 for JEE Main and INR 6,999 for JEE Advanced, with a transparent pricing model that includes access to study materials, mock tests, and live instruction, ensuring no hidden costs.
Edvizo Media Pvt. Ltd. plans to utilize the INR 11. 3 million raised in November 2021 to enhance its technology stack, improve customer acquisition, and strengthen its tech and sales teams.
The company is focused on developing new products aimed at expanding its offerings for competitive exam preparation, with a goal to launch these initiatives in the coming year. Additionally, Edvizo is targeting expansion into new geographic regions to broaden its market reach by 2024.
Current Investors
Inflection Point Ventures, ah! Ventures
Primary Industry
Internet
Sub Industries
Web Applications, Search Engines
Website
www.edvizo.com
Verticals
EdTech, Mobile Apps
Company Stage
Angel & Seed
Total Amount Raised
Subscriber access only
Edvizo Media Pvt. Ltd. - financials
| Fiscal Year Ended | Mar 31, 2018 | Mar 31, 2019 | Mar 31, 2020 | Mar 31, 2021 | Mar 31, 2022 | Mar 31, 2023 |
|---|---|---|---|---|---|---|
| Revenue (USD) | - | - | 1,842,193 | - | - | - |
| % Revenue Growth (YoY) | - | - | - | - | - | - |
| EBITDA (USD) | (145,640) | (535,071) | (385,222) | - | - | - |
| Operating Income (USD) | (145,640) | (535,071) | (385,222) | - | - | - |
| Operating Margin | - | - | (20.9%) | - | - | - |
| % EBITDA Margin | - | - | (20.9%) | - | - | - |
| NET Income (USD) | (107,774) | (411,126) | (183,606) | - | - | - |
| % Net Margin | - | - | (10.0%) | - | - | - |
Time to go Pro
Get Preqin Pro for unrestricted access to 600,000+ detailed profiles on fund managers, investors, funds, companies, and other alternative asset players. Unlock exclusive data on future plans, company financials, fundraising history, track records, and more.