Kings Learning Private Limited
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Kings Learning Private Limited - overview
Established
2014
Location
Mumbai, Maharashtra, India
Primary Industry
Education/Training
About
Founded in 2014 and based in Bangalore, India, Kings Learning specializes in digital learning solutions that enhance English language proficiency and skill development through innovative online courses and training programs. Kings Learning Private Limited, founded in 2014, operates from its headquarters in Mumbai, India. The company focuses on delivering digital education solutions to cater to varying language proficiency needs. The founders, Arshan Vakil and Tahem Verma, bring extensive expertise in education technology.
In August 2022, Kings Learning was acquired by Open English from its previous investors, which included the Michael and Susan Dell Foundation. The latest funding round was a Seed round, raising USD 2. 50 mn, led by the Michael and Susan Dell Foundation. The total amount raised by the company stands at USD 2.
50 mn. Kings Learning offers a range of digital learning solutions aimed at improving English language skills and overall communication abilities. Their services include interactive online courses and customized training programs designed for students and professionals. The company serves educational institutions and corporate clients across India, Southeast Asia, and the Middle East, focusing on user engagement and effective communication training.
In the most recent fiscal year, Kings Learning reported a revenue of USD 385,172. 3. The EBITDA for the same year was USD -465,887. 5, indicating the company's expenditures exceeded its earnings.
Kings Learning plans to leverage its recent acquisition by Open English to expand into new geographical markets, particularly targeting Southeast Asia and the Middle East by 2024. The funds raised in the Seed round will support the development of new interactive learning products and enhance marketing initiatives to reach broader audiences. The company intends to innovate its digital learning platforms to cater to evolving customer needs and improve user experience.
Current Investors
Michael and Susan Dell Foundation, Bisk Ventures, LVX
Primary Industry
Education/Training
Sub Industries
Education & Training Website, Education & Training Software
Website
www.kingslearning.in
Verticals
EdTech, Mobile Apps
Company Stage
Add-on
Total Amount Raised
Subscriber access only
Kings Learning Private Limited - timeline of key events
Kings Learning Private Limited - 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) | - | 5,037,680 | 9,533,028 | 6,984,269 | 11,335,119 | 18,935,543 | 15,641,236 | - | - | - |
| % Revenue Growth (YoY) | - | - | 89.2% | (26.7%) | 62.3% | 67.1% | (17.4%) | - | - | - |
| EBITDA (USD) | (1,973,713) | (11,558,800) | (24,018,795) | (25,400,134) | (27,095,011) | (41,933,605) | (47,249,699) | - | - | - |
| Operating Income (USD) | (1,973,713) | (11,979,183) | (24,719,693) | (26,228,976) | (27,852,828) | (42,788,019) | (49,140,749) | - | - | - |
| Operating Margin | - | (237.8%) | (259.3%) | (375.5%) | (245.7%) | (226.0%) | (314.2%) | - | - | - |
| % EBITDA Margin | - | (229.4%) | (252.0%) | (363.7%) | (239.0%) | (221.5%) | (302.1%) | - | - | - |
| NET Income (USD) | (2,011,925) | (12,065,475) | (24,770,066) | (24,515,418) | (27,733,986) | (42,657,438) | (49,067,433) | - | - | - |
| % Net Margin | - | (239.5%) | (259.8%) | (351.0%) | (244.7%) | (225.3%) | (313.7%) | - | - | - |
Kings Learning Private Limited - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Add-on, Trade Sale | Completed | Kings Learning Private Limited | - | ||||||||
| Unspecified Round | Completed | Kings Learning Private Limited | - | ||||||||
| Seed | Completed | Kings Learning Private Limited | - |
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Kings Learning Private Limited - employee data
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