Incassable Technologies Pvt. Ltd.

Incassable Technologies Pvt. Ltd. is an Indian company that focuses on developing innovative technological solutions for education, enabling effective learning experiences through their digital platforms. Founded in 2019 and headquartered in Gurgaon, India, Incassable Technologies Pvt.

Ltd. specializes in providing educational technology solutions. The company was acquired by Sorting Hat Technologies Pvt. Ltd.

in November 2021, a move that aimed to enhance its offerings and market reach. Anand Bakode, the founder, has a history of entrepreneurship which contributed to the establishment of this company. As of now, Incassable Technologies has engaged in a total of 3 deals, with their most recent funding round being a Series A, where they raised INR 230. 000 mn, resulting in a total amount raised of INR 230.

000 mn and a current company valuation of INR 1124. 704 mn. Incassable Technologies Pvt. Ltd.

specializes in providing innovative solutions in the education sector, focusing primarily on digital learning platforms. Their flagship offerings include interactive learning tools and educational content designed to address specific challenges faced by students and educators. These products are engineered to enhance user engagement and learning outcomes and have been well received since their launch. The company serves a diverse clientele, including educational institutions and individual learners, across geographical markets such as India and other parts of Asia, reflecting a strong international presence.

The company's revenue model is anchored in subscription services and direct sales, facilitating consistent transactions with its clients. For example, a typical engagement may involve clients subscribing to their digital learning platforms, which grant them access to interactive courses and resources. Pricing structures may include tiered pricing based on usage, tailored to meet the needs of various customer segments. The company reported a revenue of INR 11463.

1 mn for the most recent year in 2023, with an EBITDA of INR -72641. 1 mn, indicating their operational performance during that period. Moving forward, Incassable Technologies Pvt. Ltd.

plans to introduce new educational products aimed at enhancing learning experiences and improving educational outcomes. The company is actively exploring expansion into additional markets within Southeast Asia by the end of 2024, leveraging the recent capital raised in their Series A funding round. This funding will support the development of new offerings and the establishment of a stronger market presence. With the backing of investors like Alteria Capital, General Catalyst India, and Stellaris Venture Partners, the company aims to strengthen its foothold in the edtech industry.