Sunrise Mentors Private Limited
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Sunrise Mentors Private Limited - overview
Established
2016
Location
New Delhi, -, India
Primary Industry
Education/Training
About
Sunrise Mentors Private Limited operates as an educational technology company, specializing in coding bootcamps and skill development programs tailored for aspiring tech professionals to enhance their career prospects. Founded in 2016, Sunrise Mentors Private Limited, headquartered in New Delhi, India, focuses on providing educational solutions in technology. The company was established by Ankush Singla, Dhawal Parate, and Kannu Mittal. It has engaged in 3 funding rounds, with the most recent deal occurring on October 4, 2022, when Info Edge (India) Limited made a significant investment of INR 1.
35 billion through a Secondary Stock Purchase, raising a total of INR 360. 95 mn and valuing the company at INR 5,410 mn. Coding Ninjas specializes in educational offerings that enhance the skill sets of aspiring tech professionals. Their core programs include bootcamps in programming, data analytics, and product management, designed for recent graduates and working professionals looking to advance their careers.
The company serves clients in metropolitan areas across India, the United States, and other tech-focused regions, providing industry-relevant training to help users thrive in various roles. In the most recent year, 2023, Sunrise Mentors Private Limited reported a revenue of INR 7,339,884, with an EBITDA of INR -4,023,625. 5. Following its most recent deal with Info Edge (India) Limited in October 2022, Sunrise Mentors Private Limited will become a subsidiary of Info Edge.
The company plans to utilize the funding to enhance its educational offerings and expand its market presence, focusing on new geographic regions and possibly developing additional bootcamp programs in response to industry demands.
Current Investors
Info Edge (India) Limited
Primary Industry
Education/Training
Sub Industries
Education & Training Services, Education & Training Website, Web Applications, Education & Training Software
Website
www.codingninjas.com
Verticals
EdTech
Total Amount Raised
Subscriber access only
Sunrise Mentors Private Limited - financials
| Fiscal Year Ended | Mar 31, 2017 | Mar 31, 2018 | Mar 31, 2019 | Mar 31, 2020 | Mar 31, 2021 | Mar 31, 2022 | Mar 31, 2023 | Mar 31, 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue (USD) | 22,330,157 | 40,630,735 | 55,280,874 | 119,467,213 | 180,196,445 | - | - | - |
| % Revenue Growth (YoY) | - | 82.0% | 36.1% | 116.1% | 50.8% | - | - | - |
| EBITDA (USD) | 5,766,909 | 4,533,962 | 3,570,985 | 5,936,653 | (104,012,412) | - | - | - |
| Operating Income (USD) | 4,679,469 | 2,134,307 | 1,683,953 | 4,439,910 | (107,206,479) | - | - | - |
| Operating Margin | 21.0% | 5.3% | 3.0% | 3.7% | (59.5%) | - | - | - |
| % EBITDA Margin | 25.8% | 11.2% | 6.5% | 5.0% | (57.7%) | - | - | - |
| NET Income (USD) | 3,280,442 | 1,573,224 | 1,246,125 | 2,201,005 | (82,636,971) | - | - | - |
| % Net Margin | 14.7% | 3.9% | 2.3% | 1.8% | (45.9%) | - | - | - |
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