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Foradian - About the company

Foradian is a seed company based in Bengaluru (India), founded in 2009 by Praveen Prabhu, Abdulla Hisham, Vishwajith Adukkadukkam, Deepesh Kumar Melath, Arun Raveendran and Arvind G S. It operates as an Education ERP Software Provider. Foradian has raised $2.13M in funding, with a current valuation of ₹*****. The company has 11049 active competitors, including 419 funded and 372 that have exited. Its top competitors include companies like The Access Group, Visma and SpotOn.

Company Details

Offers a management system for schools and colleges. Provides Fedena and Uzity. Fedena allows clients to manage grade books, parent-teacher collaboration, attendance, fees, and more. Uzity offers a learning management system allowing users to create assessments & courses that include videos, audios, images, text, presentations, and documents. Offered on a premium subscription. Clients include S.J.E.S Central School, Dr. T.Thimmaiah Institute of Technology, Silver Spring International School, etc. Awards won include UKTI's award, Star Entrepreneur Award, MIT TR35 award, etc.
Social
XFacebook
Email ID
*****@foradian.com
Phone Number
+91 **********
Registered Address
No.36/5, Hustlehub Tech Park, Somasundarapalya Main Road, 27th Main Road, Sector 2, HSR Layout, HSR Layout, Bangalore, Bangalore South, Karnataka, India, 560102
Key Metrics
Founded Year
2009
Location
Bengaluru, India
Stage
Seed
Total Funding
$2.13M in 2 rounds
Latest Funding Round
Post Money Valuation
₹***** as on Mar 04, 2015
Ranked
Annual Revenue
0 - ₹10 Cr as on Mar 31, 2025
Employee Count
31 as on May 31, 2025
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Foradian's funding and investors

Foradian has raised a total funding of $2.13M over 2 rounds. Its first funding round was on Nov 28, 2011. Its latest funding round was a Seed round on Apr 30, 2014 for $*****. 4 investors participated in its latest round. Foradian has 1 institutional investor and 14 angel investors.

Here is the list of recent funding rounds of Foradian:
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Apr 30, 2014
6167447
Seed
4070177
3901591
5593949
3054308
Nov 28, 2011
5498178
Angel
8831479
5789683
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Foradian's founders and board of directors

Founder? Claim Profile
Here are the details of Foradian's key team members:

Foradian's Board of Directors

Foradian's board has 3 active members. Neelakantha Karinje, Unni Krishnan Koroth and Arvind Girija Subramani are part of team.
Here is the list of Foradian's board of directors:
Name
Type
Representing
Status
Duration
Team
-
Current
17y 9m
dsrii{g
Team
-
Past
1y 8m
zeahamy
Team
-
Past
7y 8m
ykjbwzu
Team
-
Past
3y 8m
gowclcx
Team
-
Current
1y 4m
Investor
-
Current
17y 9m
myr{abl
Investor
-
Past
2y 5m
mfyzrop
Investor
-
Past
1y 6m
ryjhxbm
Independent board member
-
Past
8y 6m

Foradian's employee count trend

Foradian has 31 employees as of May 25. The total employee count is 23.0% lower than what it was in May 24. Here is Foradian's employee count trend over the years:
Employee count trend for Foradian
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Foradian's Competitors and alternates

Top competitors of Foradian include The Access Group, Visma and SpotOn. Here is the list of Top 10 competitors of Foradian, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for The Access Group
The Access Group
1991, Loughborough (United Kingdom), Late Stage
Provider of business management software for diverse commercial industry sectors
$1.49B
80/100
2nd
Logo for Visma
Visma
1996, Oslo (Norway), Acquired
Developer of cloud software for business management and accounting tasks
-
78/100
3rd
Logo for SpotOn
SpotOn
1999, San Francisco (United States), Series F
Provider of point of sale systems and restaurant management software
$923M
78/100
4th
Logo for Blackboard
Blackboard
1997, Reston (United States), Acquired
Educational platform offering online learning solutions and services for professional development, training, and employee development
$30M
76/100
5th
Logo for PowerSchool
PowerSchool
1997, Folsom (United States), Acquired
Provider of software and cloud-based solutions for K-12 education
$32M
75/100
6th
Logo for Khatabook
Khatabook
2018, Bengaluru (India), Series C
App-based bookkeeping management solutions for small businesses
$187M
75/100
7th
Logo for Sage
Sage
1981, Newcastle Upon Tyne (United Kingdom), Public
Provider of cloud-based enterprise software solutions for accounting, finance, and people management
-
74/100
8th
Logo for Tailor Brands
Tailor Brands
2014, Tel Aviv (Israel), Series C
Machine Learning based content creation solution provider
$70.6M
71/100
9th
Logo for HoneyBook
HoneyBook
2013, San Francisco (United States), Series E
Provider of business management software for small independent service providers
$479M
71/100
10th
Logo for MYOB
MYOB
1991, Cremorne (Australia), Acquired
Developer of business management software including accounting and payroll solutions
-
71/100
1176th
Logo for Foradian
Foradian
2009, Bengaluru (India), Seed
Education ERP Software Provider
$2.13M
31/100
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Financials of ForadianFY 25 Available

FORADIAN TECHNOLOGIES PRIVATE LIMITED, the legal entity associated with Foradian, generated less than ₹10 Cr in revenue for the financial year ending on Mar 31, 2025. The revenue of FORADIAN TECHNOLOGIES PRIVATE LIMITED has a compounded annual growth rate (CAGR) of -14% in the last 1 year.

Financial Statement Summary

Metrics
FY 2024-25
FY 2023-24
FY 2022-23
FY 2021-22
FY 2020-21
Income Statement
Revenue
5280
7844
9653
8867
5582
Total Sales
9459
9630
8645
9883
3146
Total Expenses
3393
2601
2898
2432
3344
Operating Expenses
9200
9366
3111
1039
6931
Employee Expenses
9313
7411
1569
1472
1481
Operating Income (EBIT)
5032
2638
5003
5663
2158
Interest Expenses
5050
2684
7383
7656
4886
Expenses from other activities
7631
5298
7367
4549
3091
EBITDA
1262
8554
6840
1024
2263
Taxes
7789
1234
1943
5375
3882
Net Profit
6079
7393
8255
9874
1701
Balance Sheet
Assets
9194
6546
5790
2899
3588
Accounts Receivables
6267
1301
4181
9552
9764
Inventory
1328
4354
5196
3385
8865
Liabilities
3874
1702
8112
8999
5257
Total Debt
4176
9208
5383
3278
3367
Accounts Payable
3127
1534
3722
2049
4215
Equities
2120
1399
1949
6674
5827

Detailed Financials (Income Statement, Balance Sheet, Cashflow Statement)

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  • Financial Summary & Charts
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Foradian's Latest cap tables and shareholding

Founders (largest shareholder) own 84.00% and Angels own 16.00%. The net worth of Foradian's founders is INR 2.32Cr as of Nov 28, 2011. The cap table displayed below is for FORADIAN TECHNOLOGIES PRIVATE LIMITED which is the legal entity associated with Foradian.
Shareholders Name
Post Round Holding %
Net worth
Cumulative Investment
Realised Returns
Unrealised Returns
Return Multiple
Founder
84.00%
2.32Cr
7087465
4378654
9392370
5155676
8531290
4949173
6053912
4695853
9944019
3447281
1523540
2907815
5732951
7183804
5830207
1817019
102
270
426
714
542
652
2
2
3
1
3
2
Angel
16.00%
44.2L
7694828
9577501
2201756
3815211
48992
71520
69819
31039
82660
34518
650
848
551
899
728
568
Total
100.00%
2.76Cr
6198732
7261401
3502050
7161297
Notes: The column Net Worth represents the net worth of investments made by that entity, as per the latest cap table.
Disclaimer
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shareholding pattern of this entity
$9.99$4.23(excl. taxes)
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What documents will you get?
  • Latest Shareholding Summary - Ownership breakdown across founders, investors, and other stakeholders
  • Round-by-Round Cap Tables - Evolution of shareholding across funding rounds
  • Year-on-Year Cap Tables - Dilution trends over time

Foradian's Investments and acquisitions

Foradian has made no investments or acquisitions yet.

Reports related to Foradian

Here is the latest report on Foradian's geography:

News related to Foradian

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