LearningMate - About the company
LearningMate is an acquired company based in Mumbai (India), founded in 2003 by Samudra Sen and Jolvin Rodrigues. It operates as an Online LMS platform for multi-industry. LearningMate has raised $11.1M in funding from investors like The Carlyle Group, Helix Investments and Culbro, with last known valuation of ₹*****. The company has 5425 active competitors, including 390 funded and 331 that have exited. Its top competitors include companies like Workday, Cornerstone and People Strong.
Company Details
Online LMS platform for multi-industry. It is used by corporates to develop employee skills, training, and employee engagement. The solutions include cloud-based workforce skills management, learning experience, content development, and more. It is utilized by schools, higher education, and corporates.
- Website
- learningmate.com
- Social
- Phone Number
- +1 **********
Key Metrics
Founded Year
2003
Location
Mumbai, India
Stage
Acquired
Total Funding
$11.1M in 2 rounds
Latest Funding Round
Last Known Valuation
₹***** as on Jun 05, 2009
Investors
Ranked
112th among 5425 active competitors
Annual Revenue
₹2,920Cr as on Mar 31, 2025
Employee Count
2,151 as on May 31, 2026
Investment & Acquisitions
Similar Companies
Exit Details
Acquired by Straive (Aug 17, 2020)
Legal entities associated with LearningMate
LearningMate is associated with 2 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
STRAIVE PRIVATE LIMITED CIN: U72900MH2003PTC234753 , India, Active | Jun 17, 2003 | $346M (As on Mar 31, 2025) | 1348 (As on Aug 01, 2025) | |
SPI GLOBAL CONTENT HOLDING PTE. LTD. CIN: 201712651C , Singapore, Active | Dec 31, 1979 | $1.42M (As on Dec 31, 2023) | - |
LearningMate's acquisition details
LearningMate got acquired by Straive on Aug 17, 2020.
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LearningMate's funding and investors
LearningMate has raised a total funding of $11.1M over 2 rounds. Its first funding round was on Sep 20, 2004. Its latest funding round was a Series A round on Jun 05, 2009 for $*****. 2 investors participated in its latest round. LearningMate has 3 institutional investors and 8 angel investors.
Here is the list of recent funding rounds of LearningMate:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Jun 05, 2009 | 9190980 | Series A | 7111306 | 9271805 | 7529759 | 4502269 |
Sep 20, 2004 | 1369410 | Seed | 2762503 | 3039357 | 8410850 |
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LearningMate's founders and board of directors
Founder? Claim ProfileThe founders of LearningMate are Samudra Sen and Jolvin Rodrigues. Samudra Sen is the CEO of LearningMate.
Here are the details of LearningMate's key team members:
- Samudra Sen: Founder and CEO of LearningMate. They serve on the board of 1 company.
- Jolvin Rodrigues: Global HR Head/Co-Founder of LearningMate.
LearningMate's Board of Directors
LearningMate's board has 4 active members. Samudra Sen is part of team and David Michael Danziger, John Fletcher Iii and Edgar Meyer Cullman Jr are independent board members.Here is the list of LearningMate's board of directors:
Name | Type | Representing | Status | Duration |
|---|---|---|---|---|
Team | - | Current | 22y 8m | |
yvlyg{y | Independent board member | - | Past | 7y 3m |
zbmfhyj | Independent board member | - | Past | 4y 5m |
qzjpzzq | Independent board member | - | Past | 3y 2m |
avsjdbn | Independent board member | - | Past | 4y 6m |
hrrpd{g | Independent board member | - | Past | 7y 2m |
pvtxlfe | Independent board member | - | Past | 5y 9m |
esqxrax | Independent board member | - | Past | 4y 5m |
View details of LearningMate's Founder profiles and Board Members
LearningMate's employee count trend
LearningMate has 2,151 employees as of May 26. Here is LearningMate's employee count trend over the years:
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LearningMate's Competitors and alternates
Top competitors of LearningMate include Workday, Cornerstone and People Strong. Here is the list of Top 10 competitors of LearningMate, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st |  Workday 2005, Pleasanton (United States), Public | Developer of cloud software for human resources finance and operations | $352M | 88/100 | |
2nd |  Cornerstone 1999, Santa Monica (United States), Acquired | Provider of a platform for talent experience and workforce agility | $64.4M | 86/100 | |
3rd |  People Strong 2005, Gurugram (India), Acquired | Provider of human capital management platform offering integrated HR solutions | $30.7M | 84/100 | |
4th | Cloud-based LMS platform for multi-industry | $430M | 80/100 | ||
5th | Provider of business management software for human resources and finance | $300M | 80/100 | ||
6th |  Kronos 1977, Lowell (United States), Acquired | Provider of HCM software solutions for enterprises | $855M | 80/100 | |
7th | Provider of a platform for human resources, payroll, and finance | $574M | 79/100 | ||
8th | Provider of cloud based human resource management system and payroll software. | $47.4M | 79/100 | ||
9th | Developer of human capital management software providing HR and talent solutions | $30M | 78/100 | ||
10th | Remote 2019, Amsterdam (Netherlands), Series C | Provider of human resources payroll and international employment management tools | $506M | 76/100 | |
112th | LearningMate 2003, Mumbai (India), Acquired | Online LMS platform for multi-industry | $11.1M | 54/100 |
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LearningMate's Latest cap tables and shareholding
Founders own 5.48%, Funds (largest shareholder) own 81.72%, Other People own 9.12% and ESOP Pool own 3.66%. The net worth of LearningMate's founders is INR 1.5Cr as of Jun 05, 2009.
Shareholders Name | Post Round Holding % | Net worth | Cumulative Investment | Realised Returns | Unrealised Returns | Return Multiple |
|---|---|---|---|---|---|---|
Founder | 5.48% | 1.5Cr | 72163 | 51310 | 95805 | 87164 |
36 | 34 | 46 | 77 | 10 | 56 | |
81 | 37 | 71 | 25 | 82 | 64 | |
Fund | 81.72% | 22.4Cr | 4802197 | 5793313 | 4286112 | 1797700 |
2272673 | 7451006 | 8989062 | 3703179 | 3396877 | 2811209 | |
6854270 | 5386620 | 5637385 | 7634530 | 1158651 | 3329804 | |
Other People | 9.12% | 2.5Cr | 5051938 | 3546046 | 3011939 | 2544794 |
ESOP Pool | 3.66% | 1Cr | 549 | 896 | 408 | 204 |
Total | 99.98% | 27.4Cr | 9576060 | 6468167 | 6212720 | 3910137 |
To unlock detailed Cap Table of LearningMate Sign up today!Notes: The column Net Worth represents the net worth of investments made by that entity, as per the latest cap table.
DisclaimerView more details of LearningMate's Shareholding
LearningMate's Investments and acquisitions
LearningMate has acquired JobReady. LearningMate has not made any investments as of now.Reports related to LearningMate
Here is the latest report on LearningMate's sector:
News related to LearningMate
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LearningMate to offer personalized learning via Google Cloud's Student Success ServicesDevdiscourse•Jan 05, 2022•LearningMate, Google Cloud
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Helix PE makes multibagger exit from ed-tech firm LearningMateVCCircle•Aug 18, 2020•Helix Investments, LearningMate
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