Illuminati Learning Solutions Pvt. Ltd.
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Illuminati Learning Solutions Pvt. Ltd. - overview
Location
Bangalore, KA, India
Primary Industry
Education/Training
About
Illuminati Learning Solutions Pvt. Ltd. is a Bangalore-based company that specializes in AI-driven educational solutions, particularly focusing on personalized mathematics learning for middle school students through its platform, Countingwell. Illuminati Learning Solutions Pvt.
Ltd. offers tailored educational experiences with a specific focus on mathematics for grades 6 to 8. Founded by Nirmal Shah and Ravi Jitani, the company has not undergone any significant operational changes since its inception. The headquarters is located in Bangalore, India.
The company raised INR 73. 6 million in its latest funding round on December 15, 2020, from Interstar Properties, along with participation from other investors. The total amount raised by the company stands at INR 73. 6 million.
Countingwell provides a comprehensive blended learning solution designed specifically for middle school students, focusing on mathematics education aligned with the National Education Policy (NEP) 2020. The platform personalizes math learning for students in grades 6 to 8 by assessing each student's skill level and identifying knowledge gaps. Engaging users with 20-minute daily interactive sessions fosters self-paced learning. Countingwell caters to over 25,000 students across 400 schools, primarily targeting areas in the Gulf and various parts of India.
In the most recent year of 2023, Countingwell reported a revenue of INR 7,702. 6 mn. However, the company recorded an EBITDA of INR -277,537. 4 mn, highlighting a challenging financial performance despite its revenue generation through subscription models and partnerships with educational institutions.
Following the funding round in December 2020, Illuminati Learning Solutions Pvt. Ltd. plans to enhance its platform by introducing new features aimed at improving user engagement and learning outcomes. The company is looking to expand into additional geographic markets, specifically targeting regions in Southeast Asia by the end of 2023.
The recent funding will be utilized to support these initiatives, enhancing product offerings and facilitating market entry.
Current Investors
Interstar Properties
Primary Industry
Education/Training
Sub Industries
Education & Training Website, Application Integration Software, Accounting/Finance Software
Website
www.countingwell.com
Verticals
EdTech, Mobile Apps
Company Stage
Early Stage
Total Amount Raised
Subscriber access only

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