Practically
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Practically - overview
Established
2018
Location
Hyderabad, -, India
Primary Industry
Education/Training
About
3rdFlix Visual Effects Pvt. Ltd. , based in India, specializes in providing immersive educational experiences through advanced technologies, enhancing student engagement and learning outcomes in the field of education. Founded in 2018 and headquartered in Hyderabad, India, 3rdFlix Visual Effects Pvt.
Ltd. focuses on developing innovative educational solutions. The company has secured a total of USD 5. 00 mn in funding, with the most recent deal occurring on December 15, 2021.
The founders of the company include Charu Noheria, Ilangovel Thulasimani, and Subbarao Siddabattula, who currently serves as CEO. Practically offers a comprehensive self-learning app designed for students in grades 6-12, focusing on experiential learning through immersive technologies. Core products include 3D videos, simulations, and augmented reality experiences aimed at enhancing understanding of theoretical concepts in real-life situations. The app caters to individual students, parents, and educational institutions, and is accessible in India and the Gulf Cooperation Council (GCC) countries, promoting engaging and interactive learning.
In the most recent year, Practically reported revenue of USD 413,269. 60 and an EBITDA of USD -1,413,205. 10. The revenue model is primarily subscription-based, allowing users to experience the app through a free trial followed by various payment plans, with options for individual and family subscriptions.
Following its latest funding round of USD 5. 00 mn in December 2021, 3rdFlix Visual Effects Pvt. Ltd. plans to expand its operations across India, the Middle East, and Southeast Asia.
The focus will be on marketing, product development, scaling operations, and strategic hiring to strengthen its position in the edtech sector.
Current Investors
YourNest Capital Advisors, Exfinity Venture Partners, Inflexor Ventures
Primary Industry
Education/Training
Sub Industries
Education & Training Website, Music & Video Streaming Software, Education & Training Software
Website
www.practically.com
Verticals
Artificial Intelligence, Augmented Reality (AR), EdTech, Mobile Apps, Virtual Reality (VR)
Company Stage
Early Stage
Total Amount Raised
Subscriber access only
Practically - timeline of key events
Practically - financials
| Fiscal Year Ended | Mar 31, 2019 | Mar 31, 2020 | Mar 31, 2021 | Mar 31, 2022 | Mar 31, 2023 | Mar 31, 2024 |
|---|---|---|---|---|---|---|
| Revenue (USD) | - | - | 7,059,852 | - | - | - |
| % Revenue Growth (YoY) | - | - | - | - | - | - |
| EBITDA (USD) | (11,521,284) | (63,831,032) | (109,145,776) | - | - | - |
| Operating Income (USD) | (18,022,394) | (71,726,748) | (129,471,034) | - | - | - |
| Operating Margin | - | - | (1833.9%) | - | - | - |
| % EBITDA Margin | - | - | (1546.0%) | - | - | - |
| NET Income (USD) | (16,161,649) | (70,075,021) | (135,703,087) | - | - | - |
| % Net Margin | - | - | (1922.2%) | - | - | - |
Practically - employee data
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