When was Oliveboard founded?

Oliveboard was founded in 2012 and raised its 1st funding round 3 years after it was founded.

Where is Oliveboard located?

Oliveboard is headquartered in Bengaluru, India. It is registered at WeWork Prestige Atlanta, Software Industry, No 10/12, 80 Feet Main Road, Koramangala, 1A Block, Koramangala I Block, Bangalore, Bangalore South, Karnataka, India, 560034.

Who is the current CEO of Oliveboard?

Abhishek Patil of Oliveboard. They have also founded 1 company.

Which legal entities is Oliveboard associated with?

Oliveboard is associated with OLIVEBOARD COMPTECH PRIVATE LIMITED.

How many employees does Oliveboard have?

As of Aug 31, 2025, Oliveboard has 135 employees, reflecting a 15% year-over-year decline in headcount.

Is Oliveboard a funded company?

Oliveboard is a funded company, having raised a total of $3.96M across 4 funding rounds to date. The company's 1st funding round was a $***** Angel round, raised on Jul 31, 2015.

How much is Oliveboard worth?

The latest valuation of Oliveboard is ₹***** as of Aug 10, 2021.

When was the latest funding round of Oliveboard?

Oliveboard's latest funding was a $***** Seed round on Jul 12, 2021, with participation from 58 investors. Its primary sector is Test Preparation Tech. Globally, the Test Preparation Tech sector has seen $8.98M in funding in 2026 to date.

What is the annual revenue of Oliveboard?

Annual revenue of Oliveboard is between ₹10 Cr and ₹50 Cr as on Mar 31, 2025

Where does Oliveboard rank among its competitors?

Oliveboard ranks 6th amongst 564 active competitors, of which 14 are funded. It stands 2nd in terms of total funding among its competitors. The most recent competitor to raise funding was Exampur, which secured $263K in Feb, 2024.

Who are the top competitors of Oliveboard?

Oliveboard's top competitors include Study IQ, OnlineTyari and UTKARSH. Among them, Exampur secured the most recent funding round in February, 2024.

Oliveboard - 2026 Company Profile, Team, Funding, Competitors & Financials

Oliveboard is a seed company based in Bengaluru (India), founded in 2012 by V Satish Kumar and Abhishek Patil. It operates as a Provider of online test preparation platform. Oliveboard has raised $3.96M in funding from investors like Corporate Business Advisors, Indian Angel Network Fund and Haystack, with a current valuation of ₹*****. The company has 564 active competitors, including 14 funded and 5 that have exited. Its top competitors include companies like Study IQ, OnlineTyari and UTKARSH.

Company Details

Provider of online test preparation platform. It offers features such as mock tests, online courses, analytics, and more. It enables students to prepare for exams like MBA entrance exams, banking exams, campus placements exams, etc. Its app can be downloaded via the android platform.

Website: www.oliveboard.in/
Social
Email ID: *****@oliveboard.in
Phone Number: +91 **********
Registered Address: WeWork Prestige Atlanta, Software Industry, No 10/12, 80 Feet Main Road, Koramangala, 1A Block, Koramangala I Block, Bangalore, Bangalore South, Karnataka, India, 560034

Key Metrics

Founded Year

2012

Location

Bengaluru, India

Stage

Seed

Total Funding

$3.96M in 4 rounds

Latest Funding Round

Seed, Jul 12, 2021, $*****

Post Money Valuation

₹***** as on Aug 10, 2021

Investors

Corporate Business Advisors & 68 more

Ranked

6^th among 564 active competitors

Annual Revenue

₹10 - ₹50 Cr as on Mar 31, 2025

Employee Count

135 as on Aug 31, 2025

Investment & Acquisitions

SkillVertex & 1 more

Similar Companies

Exampur & 217 more

View Oliveboard's full profile

Oliveboard is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
OLIVEBOARD COMPTECH PRIVATE LIMITED CIN: U72200KA2012PTC062995 , India, Active	Mar 13, 2012	₹10 - ₹50 Cr (As on Mar 31, 2025)	117 (As on May 01, 2026)

Oliveboard has raised a total funding of $3.96M over 4 rounds. Its first funding round was on Jul 31, 2015. Its latest funding round was a Seed round on Jul 12, 2021 for $*****. 58 investors participated in its latest round. Oliveboard has 20 institutional investors and 49 angel investors.

Here is the list of recent funding rounds of Oliveboard:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Jul 12, 2021	3375898	Seed	9427575	3871586	7905209	9810820
Nov 07, 2018	4762485	Seed	5556058	5099719	6399199	Shahnaz Memorial Trust
Nov 12, 2015	4464053	Seed	7186311	9684695	7157809	Dileep Srinivasan & 4 more

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View details of Oliveboard's funding rounds and investors

The founders of Oliveboard are V Satish Kumar and Abhishek Patil. Abhishek Patil is the CEO of Oliveboard.

Here are the details of Oliveboard's key team members:

V Satish Kumar: Founder of Oliveboard. They are also an angel investor in 1 startup and serve on the board of 1 company.
Contact Info: 1 email address and 1 phone number
Abhishek Patil: Co-Founder & CEO of Oliveboard. They serve on the board of 1 company.
Contact Info: 1 email address and 2 phone numbers

Oliveboard's Board of Directors

Oliveboard's board has 3 active members. V Satish Kumar, Abhishek Patil and Sudipta Gautam are part of team.

Here is the list of Oliveboard's board of directors:

Name	Type	Representing	Status	Duration
Abhishek Patil	Team	-	Current	14y 3m
r{oygdp	Team	-	Past	8y 3m
Sudipta Gautam	Investor	Indian Angel Network Fund	Current	4y 9m
frxzbrh	Independent board member	-	Past	5y 5m

View details of Oliveboard's Founder profiles and Board Members

Oliveboard's employee count trend

Oliveboard has 135 employees as of Aug 25. The total employee count is 15.0% lower than what it was in Aug 24. Here is Oliveboard's employee count trend over the years:

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Top competitors of Oliveboard include Study IQ, OnlineTyari and UTKARSH. Here is the list of Top 10 competitors of Oliveboard, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Study IQ 2016, Delhi (India), Acquired	Self-paced courses for test preparation	-	-	63/100
2nd	OnlineTyari 2014, Bengaluru (India), Acqui-Hired	Provider of multi-lingual test preparation platform	$5.77M	Michael & Susan Dell Foundation, Allumia Ventures ... & 45 others	60/100
3rd	UTKARSH 2002, Jodhpur (India), Acquired	Provider of online various test preparation platform	-	-	57/100
4th	Exampur 2018, Ghaziabad (India), Acquired	Mobile-based platform providing government exam preparation solutions	$1.62M	Solis Innoventures, UpGrad & 25 others	51/100
5th	My Pathshala 2015, Kanpur (India), Unfunded	Online platform providing school curriculum and multiple exam preparation courses	-	-	51/100
6th	Oliveboard 2012, Bengaluru (India), Seed	Provider of online test preparation platform	$3.96M	Indian Angel Network, Corporate Business Advisors ... & 67 others	51/100
7th	EduTap 2016, Panchkula (India), Unfunded	Provider of online exam preparation courses for government jobs	-	-	48/100
8th	IASbaba 2015, Bengaluru (India), Unfunded	Online test preparation for civil services	-	-	47/100
9th	Insights IAS 2012, Bengaluru (India), Unfunded	Provider of IAS preparation portal	-	-	46/100
10th	Bankers Adda 2012, Delhi (India), Seed	Test preparation app	$598K	STL	46/100

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Founders (largest shareholder) own 57.18%, Funds own 33.39%, Enterprises own 0.89% and Angels own 8.55%. The net worth of Oliveboard's founders is INR 51.9Cr as of Aug 10, 2021.

Shareholders Name	Post Round Holding %	Net worth	Cumulative Investment	Realised Returns	Unrealised Returns	Return Multiple
Founder	57.18%	51.9Cr	5291269	7928061	8429347	8996314
Abhishek Patil	1289957	8712777	3523321	4829048	3304111	5646745
V Satish Kumar	4008114	2592526	5905841	3224155	3497493	7514539
Fund	33.39%	30.3Cr	6860192	7150833	6010341	1790971
Corporate Business Advisors	6913146	2278488	3454063	9061052	7939075	3983469
Shahnaz Memorial Trust	0	0	0	0	0	0
Haystack	0	0	0	0	0	0
Enterprise	0.89%	80.9L	0	0	0	0
Angel	8.55%	7.76Cr	1584811	9951702	4887649	7982329
Dileep Srinivasan	0	0	0	0	0	0
Himanshu Chaudhari	0	0	0	0	0	0
Sharat Khurana	0	0	0	0	0	0
Total	100.00%	90.8Cr	3303902	3446971	6092180	3875065