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Impartus - About the company

Impartus is an acquired company based in Bengaluru (India), founded in 2013 by Amit Mahensaria and Manish Kumar. It operates as a Provider of online virtual classes platform for schools and colleges. Impartus has raised $6.21M in funding from Kaizenvest, with last known valuation of $*****. The company has 151 active competitors, including 17 funded and 6 that have exited. Its top competitors include companies like Class, ClassIn and WizIQ.

Company Details

Provider of online virtual classes platform for schools and colleges. It provides features of lecture capture and online virtual classes. Its features included within lecture capture includes the recording of classroom experience, collaborative learning, advanced searching, content sharing, and more.
Social
XFacebook
Email ID
*****@impartus.com, *****@impartus.com
Phone Number
+91 **********
Registered Address
423A,TOWER A2,FOURTH FLOOR SPAZE ITECH PARK,SOHNA ROAD GURGAON , Gurgaon Unclassified HR 122001
Key Metrics
Founded Year
2013
Location
Bengaluru, India
Stage
Acquired
Total Funding
$6.21M in 4 rounds
Latest Funding Round
Last Known Valuation
$***** as on May 23, 2021
Investors
Ranked
Annual Revenue
₹10 - ₹50 Cr as on Mar 31, 2021
Employee Count
25 as on Oct 31, 2026
Similar Companies
Exit Details
Acquired by UpGrad (May 23, 2021)

Impartus's acquisition details

Impartus got acquired by UpGrad on May 23, 2021.
Click here to take a look at Impartus's acquisition in detail
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Impartus's funding and investors

Impartus has raised a total funding of $6.21M over 4 rounds. Its first funding round was on Nov 24, 2014. Its latest funding round was a Series A round on May 29, 2018 for $*****. 1 investor participated in its latest round. Impartus has 1 institutional investor and 11 angel investors.

Here is the list of recent funding rounds of Impartus:lockFilter this list
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
May 29, 2018
9577601
Series A
6526324
7759189
7422062
3925391
Dec 31, 2016
9771864
Series A
7897476
6352028
6010131
Feb 02, 2015
6261285
Series A
1848325
2233742
9842984
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Impartus' founders and board of directors

Founder? Claim Profile
The founders of Impartus are Amit Mahensaria and Manish Kumar.
Here are the details of Impartus' key team members:

Impartus' Board of Directors

Impartus's board has 4 active members. Amit Mahensaria, Manish Kumar and Alok Choudhary are part of team and Gaurav Kumar is independent board member.
Here is the list of Impartus' board of directors:
Name
Type
Representing
Status
Duration
Team
-
Current
5y 5m
Team
-
Current
12y 10m
Team
-
Current
12y 10m
Independent board member
-
Current
5y 5m

Impartus' employee count trend

Impartus has 25 employees as of Oct 26. Here is Impartus's employee count trend over the years:
Employee count trend for Impartus
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Impartus's Competitors and alternates

Top competitors of Impartus include Class, ClassIn and WizIQ. Here is the list of Top 10 competitors of Impartus, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Class
Class
2020, Washington, DC (United States), Series B
Provider of virtual classroom solutions for online learning and training
$164M
55/100
2nd
Logo for ClassIn
ClassIn
2014, Haidian (China), Series C
Online platform providing classroom solutions
$265M
54/100
3rd
Logo for Impartus
Impartus
2013, Bengaluru (India), Acquired
Provider of online virtual classes platform for schools and colleges
$6.21M
51/100
4th
Logo for WizIQ
WizIQ
2006, Sahibzada Ajit Singh Nagar (India), Series B
Provider of virtual classroom and learning management system software solutions
$4M
50/100
5th
Logo for Baijiayun
Baijiayun
2014, Haidian (China), Public
Provider of online virtual learning solutions
$49.7M
49/100
6th
Logo for Vevox
Vevox
2016, Liphook (United Kingdom), Acquired
Provider of audience response management solutions
-
-
48/100
7th
Logo for Nagwa
Nagwa
2015, Windsor (United Kingdom), Unfunded
Mobile & SaaS-based platform providing teaching and learning solutions
-
-
46/100
8th
Logo for Engageli
Engageli
2020, San Mateo (United States), Series A
Provider of online learning platform
$47.5M
46/100
9th
Logo for Edlink
Edlink
2018, Surabaya (Indonesia), Unfunded
Provider of a platform for online learning and academic management
-
-
44/100
10th
Logo for edvi
edvi
2020, Gurugram (India), Seed
Provider of AI, cloud, and app-based virtual classroom software solutions for teachers
$268K
-
37/100
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Financials of Impartus

Impartus Innovations Private Limited, the legal entity associated with Impartus, generated between ₹10 Cr and ₹50 Cr in revenue for the financial year ending on Mar 31, 2021. The revenue of Impartus Innovations Private Limited has a compounded annual growth rate (CAGR) of 102% in the last 1 year.

Financial Statement Summary

Metrics
FY 2020-21
FY 2019-20
FY 2018-19
FY 2017-18
FY 2016-17
Income Statement
Revenue
7486
3861
3410
3400
5910
Total Sales
8649
8556
5640
9946
8103
Total Expenses
7436
8863
8658
6536
9142
Operating Expenses
4626
8022
1150
7738
1013
Employee Expenses
3424
7512
2651
8809
3936
Operating Income (EBIT)
2119
3979
7984
9673
1503
Interest Expenses
6711
2710
1519
5138
5125
Expenses from other activities
4817
6752
9133
7656
1773
EBITDA
5816
5626
5027
2210
6550
Taxes
8773
8502
6986
6826
4057
Net Profit
3947
9634
8832
8189
2645
Balance Sheet
Assets
7120
2526
6208
4536
9863
Accounts Receivables
4203
6337
7877
6572
1803
Inventory
8173
1066
1744
5518
1906
Liabilities
7765
2465
5596
1851
9847
Total Debt
8815
6212
2050
9179
9880
Accounts Payable
4075
4063
6999
2901
7389
Equities
7702
6306
9027
1527
1346

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

Gain deeper financial insights
of this entity
$10.99$2.53(excl. taxes)
Download Sample Report
What documents will you get?
  • Financial Summary & Charts
  • Detailed Income Statement, Balance Sheet, Cashflow Statement
  • Profitability Ratios, Liquidity Ratios, Growth Rates

Impartus's Latest cap tables and shareholding

Founders own 28.00%, Funds (largest shareholder) own 56.38%, Angels own 4.66% and Other People own 6.35%. The net worth of Impartus's founders is INR 20.4Cr as of May 29, 2018. The cap table displayed below is for Impartus Innovations Private Limited which is the legal entity associated with Impartus.
Shareholders Name
Post Round Holding %
Net worth
Cumulative Investment
Realised Returns
Unrealised Returns
Return Multiple
Founder
28.00%
20.4Cr
5295199
8376093
1547414
5166399
5990287
4180299
8432764
2405036
5145021
9467671
1388298
7017395
7689679
3692695
2836867
8339300
Fund
56.38%
41Cr
9625722
3418757
5540047
1833101
3814092
4660085
4668848
4179255
1273310
6550154
Angel
4.66%
3.37Cr
5267
4966
9896
5237
16
45
62
16
67
56
0
0
0
0
0
0
0
0
0
0
0
0
Other People
6.35%
4.61Cr
906051
267773
903935
628639
ESOP Pool
4.63%
3.36Cr
1541
2560
9571
3193
Total
100.00%
72.7Cr
7773481
4605062
1603095
9202474
Notes: The column Net Worth represents the net worth of investments made by that entity, as per the latest cap table.
Disclaimer
Gain deeper insights into
shareholding pattern of this entity
$9.99$4.23(excl. taxes)
Download Sample Files
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

Impartus's Investments and acquisitions

Impartus has made no investments or acquisitions yet.

Reports related to Impartus

Here is the latest report on Impartus's sector:

News related to Impartus

•
upGrad Chairman on Impartus acquisitionTimes Now News•May 27, 2021•UpGrad, Impartus
•
EdTech startup Impartus extends offer of live virtual classroom freeAsian News International•Apr 06, 2020•Impartus
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