Rao IIT Academy - About the company
Rao IIT Academy is a funded company based in Mumbai (India), founded in 2008. It operates as a Coaching Institute for Test preparation. Rao IIT Academy has raised an undisclosed amount in funding. The company has 62 active competitors, including 4 funded and 4 that have exited. Its top competitors include companies like Career Point, Aakash Educational Services and Resonance.
Company Details
Rao IIT Academy is a Coaching Institute for preparation of ISEET, IIT-JEE, AIEEE, SAT, XII Boards, BITSAT, MH-CET, OLYMPIADS, KVPY and NTSE. Rao IIT Academy is established by a Research Scientist Dr. B.V. Rao, M.SC., M.S.(IIT Madras), Ph.D.(IIT Delhi). Currently 25+ Centres in Mumbai.
- Website
- raoiit.com
- Social
- Email ID
- *****@raoiit.com
- Phone Number
- +91 **********
- Registered Address
- A-113,FIRSTFLOOR,BOOMERANG,CHANDIVALIFARMROAD,ANDHERI(EAST), Mumbai City, MUMBAI, Maharashtra, India, 400072
Key Metrics
Founded Year
2008
Location
Mumbai, India
Stage
Funding Raised
Latest Funding Round
Ranked
11th among 62 active competitors
Annual Revenue
₹50 - ₹100 Cr as on Mar 31, 2020
Employee Count
230 as on May 31, 2026
Similar Companies
Legal entities associated with Rao IIT Academy
Rao IIT Academy is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
RAO EDUSOLUTIONS PRIVATE LIMITED CIN: U80301MH2013PTC247740 , India, Under CIRP | Sep 02, 2013 | ₹50 - ₹100 Cr (As on Mar 31, 2020) | 134 (As on Nov 30, 2019) |
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Rao IIT Academy's funding and investors
Rao IIT Academy has raised funding over 1 round. Its latest funding round was a Conventional Debt round on Jan 25, 2018 for $*****. 1 investor participated in its latest round. Rao IIT Academy has 2 institutional investors.
Here is the list of recent funding rounds of Rao IIT Academy:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Jan 25, 2018 | 9478878 | Conventional Debt | 7689001 | 9080253 | 5273410 | 8197280 |
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Rao IIT Academy's founders and board of directors
Founder? Claim ProfileRao IIT Academy's Board of Directors
Rao IIT Academy's board has 2 active members. Vinay Kumar and Yamini Rao are part of team.Here is the list of Rao IIT Academy's board of directors:
Name | Type | Representing | Status | Duration |
|---|---|---|---|---|
Team | - | Current | 12y 10m | |
Team | - | Current | 12y 10m |
Rao IIT Academy's employee count trend
Rao IIT Academy has 230 employees as of May 26. Here is Rao IIT Academy's employee count trend over the years:
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Rao IIT Academy's Competitors and alternates
Top competitors of Rao IIT Academy include Career Point, Aakash Educational Services and Resonance. Here is the list of Top 10 competitors of Rao IIT Academy, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Career Point 1993, Kota (India), Public | Chain of institutes for IIT-JEE, AIEEE & Pre-Medical coaching | $12.5M | 63/100 | |
2nd | Aakash Educational Services 2000, Delhi (India), Acquired | Chain of centers offering coaching for medical & engineering entrance exams | $745M | 62/100 | |
3rd | Chains providing educational coaching for competitive entrance examinations | $94.8M | 59/100 | ||
4th | Allen Career Institute 1988, Kota (India), Series D | Chain of coaching providing coursers for pre-medical, IIT JEE, AIEEE and other engineering entrance exams | $600M | 47/100 | |
5th | Offers coaching classes for undergraduate and school level exams | - | - | 46/100 | |
6th | PACE IIT & Medical 1999, Mumbai (India), Unfunded | IITJEE Coaching institute and Junior Science college | - | - | 45/100 |
7th | Offers coaching classes for preparation of undergraduate level entrance examinations | $7.72M | 43/100 | ||
8th | Mentors Eduserv 2011, Patna (India), Unfunded | Provider of coaching for engineering, medical and olympiad exams | - | - | 41/100 |
9th | Vidyamandir Classes 1986, Delhi (India), Series B | IITJEE coaching organization | $7.34M | 39/100 | |
10th | Sri Chaitanya 1986, Hyderabad (India), Late Stage | Educational Institutes | $25M | 39/100 | |
11th | Rao IIT Academy 2008, Mumbai (India), Funding Raised | Coaching Institute for Test preparation | - | 38/100 |
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Rao IIT Academy's Investments and acquisitions
Rao IIT Academy has made no investments or acquisitions yet.
Reports related to Rao IIT Academy
Here is the latest report on Rao IIT Academy's sector:
News related to Rao IIT Academy
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Advanced Enzyme promoters raise structured debt from AvendusVCCircle•May 07, 2018•Advanced Enzymes, Avendus, Rao IIT Academy
•
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