MSMEx
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MSMEx - overview
Established
2019
Location
Mumbai, Maharashtra, India
Primary Industry
Education/Training
About
Based in Maharashtra, India, and founded in 2019, Xcelerating Growth Private Limited, doing business as MSMEx, operates as an EdTech company that offers learning solutions for micro- and small-business clients. The company was founded by its CEO Amit Kumar, Vishal Kumar, Dilip Kumar, Khushboo Arora, and Kumar Sambhav. In June 2021, MSMEx raised USD 1 million in pre-series A funding, co-led by Razorpay Software Private Limited and TNF Capital. MSMEx provides an online learning platform, which is a training platform that trains micro- and small-business owners through live video interactions.
The services offered by the company include online group interactions, group learning sessions, live chat support, and mentoring support. In addition, the company offers BizTok Community, which is a mobile application that can be used by both Android and iOS users to clear business-related doubts. The company plans to use the funds raised in June 2021 to develop new intuitive technologies and scale its operations.
Current Investors
Razorpay Software Private Limited, TNF Capital
Primary Industry
Education/Training
Sub Industries
Education & Training Website, Education & Training Software
Website
www.msmex.in
Verticals
Artificial Intelligence, EdTech, Mobile Apps
Company Stage
Angel & Seed
Total Amount Raised
Subscriber access only
MSMEx - financials
| Fiscal Year Ended | Mar 31, 2020 | Mar 31, 2021 | Mar 31, 2022 | Mar 31, 2023 | Mar 31, 2024 |
|---|---|---|---|---|---|
| Revenue (USD) | 550,396 | 16,075,416 | - | - | - |
| % Revenue Growth (YoY) | - | 2820.7% | - | - | - |
| EBITDA (USD) | (8,969,541) | (11,105,201) | - | - | - |
| Operating Income (USD) | (9,151,458) | (11,783,603) | - | - | - |
| Operating Margin | (1662.7%) | (73.3%) | - | - | - |
| % EBITDA Margin | (1629.7%) | (69.1%) | - | - | - |
| NET Income (USD) | (6,716,822) | (8,623,369) | - | - | - |
| % Net Margin | (1220.4%) | (53.6%) | - | - | - |
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