Stepapp - About the company
Stepapp is a series B company based in Mumbai (India), founded in 2015 by Jatin Solanki and Praveen Tyagi. It operates as a Provider of a gamified educational application for students and educators. Stepapp has raised $32.4M in funding from Elara Capital and Kent RO Systems, with a current valuation of $*****. The company has 292 active competitors, including 18 funded and 10 that have exited. Its top competitors include companies like iHuman, Legends Of Learning and Knowledge Platform.
Company Details
Provider of a gamified educational application for students and educators. The application offers personalized learning experiences through animations and quizzes. It provides tools for teachers to monitor student progress and assign homework. The platform also offers resources for parents to track their child's academic performance.
- Website
- www.stepapp.ai/
- Social
- Email ID
- *****@stepapp.ai
- Phone Number
- +91 **********
- Registered Address
- OFFICE NO 117, 1ST FLOOR, SHOOPERS POINT 208 S V ROAD, ANDHERI WEST, Mumbai City, MUMBAI, Maharashtra, India, 400058
Key Metrics
Founded Year
2015
Location
Mumbai, India
Stage
Series B
Total Funding
$32.4M in 6 rounds
Latest Funding Round
Post Money Valuation
$***** as on Mar 07, 2022
Investors
Ranked
6th among 292 active competitors
Annual Revenue
0 - ₹10 Cr as on Mar 31, 2025
Employee Count
3 as on Jun 30, 2025
Legal entities associated with Stepapp
Stepapp is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
EDUISFUN TECHNOLOGIES PRIVATE LIMITED CIN: U74999MH2015PTC263120 , India, Active | Mar 27, 2015 | 0 - ₹10 Cr (As on Mar 31, 2025) | 3 (As on Jun 30, 2025) |
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Stepapp's funding and investors
Stepapp has raised a total funding of $32.4M over 6 rounds. Its first funding round was on Dec 12, 2018. Its latest funding round was a Series B round on Mar 07, 2022 for $*****. 1 investor participated in its latest round. Stepapp has 6 institutional investors and 28 angel investors.
Here is the list of recent funding rounds of Stepapp:
Filter this list
Filter this listDate of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Mar 07, 2022 | 4479721 | Series B | 3337205 | 5520337 | 2415529 | 9785351 |
Apr 01, 2021 | 1578665 | Angel | 9190564 | 4045069 | 4142590 | |
Dec 28, 2019 | 1328283 | Series B | 4515459 | 6263577 |
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Stepapp's founders and board of directors
Founder? Claim ProfileHere are the details of Stepapp's key team members:
- Jatin Solanki: Former Co-Founder of Stepapp and founder of 4 other companies, including Scale100x.ai, Expertrons and Expertrons. They serve on the boards of 3 companies.Contact Info: 2 email addresses and 1 phone number
- Praveen Tyagi: Co-Founder & CEO of Stepapp and founder of 1 other company. They serve on the board of 1 company.Contact Info: 1 email address
Stepapp's Board of Directors
Stepapp's board has 4 active members. Praveen Tyagi is part of team and Varun Gupta, Kuldeep Ishwarchand Tyagi and Pooja Tyagi are independent board members.Here is the list of Stepapp's board of directors:
Name | Type | Representing | Status | Duration |
|---|---|---|---|---|
Team | - | Current | 11y 6m | |
vfdcizd | Team | - | Past | 2y 1m |
Independent board member | - | Current | 6y 8m | |
qhqfqty | Independent board member | - | Current | 9y 5m |
jufcnvt | Independent board member | - | Current | 5y 9m |
View details of Stepapp's Founder profiles and Board Members
Stepapp's employee count trend
Stepapp has 3 employees as of Jun 25. Here is Stepapp's employee count trend over the years:
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Stepapp's Competitors and alternates
Top competitors of Stepapp include iHuman, Legends Of Learning and Knowledge Platform. Here is the list of Top 10 competitors of Stepapp, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Provider of educational application for kids | - | 56/100 | ||
2nd | Legends Of Learning 2016, Washington, DC (United States), Seed | Game-based educational content and resources for students | $18.6M | 54/100 | |
3rd | Knowledge Platform 2000, Singapore (Singapore), Early Stage | Provider of e-learning and blended learning training programs | $5M | 54/100 | |
4th | AILA 2023, Riyadh (Saudi Arabia), Seed | E-learning platform for professionals | $4.15M | 53/100 | |
5th | JumpStart 1991, Gardena (United States), Acqui-Hired | 3D educational game developer for K-12 | $44.4M | 49/100 | |
6th | Provider of a gamified educational application for students and educators | $32.4M | 48/100 | ||
7th | Eduisfun Technologies 2014, Mumbai (India), Series B | Provider of a gamified educational application for students and educators | $34.3M | 46/100 | |
8th | Edukite Learning 2006, Vadodara (India), Unfunded | Education solution provider for schools | - | - | 44/100 |
9th | Flocabulary 2004, Brooklyn (United States), Acquired | Educational musical videos | $1.5M | 42/100 | |
10th |  Educacross 2014, Ribeirao Preto (Brazil), Unfunded | Provider of AI, app, and game-based learning solutions for schools to teach students | - | - | 42/100 |
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Stepapp's Latest cap tables and shareholding
Founders (largest shareholder) own 76.84%, Funds own 6.08%, Enterprises own 7.68% and Angels own 8.44%. The net worth of Stepapp's founders is INR 253Cr as of Mar 07, 2022.
Shareholders Name | Post Round Holding % | Net worth | Cumulative Investment | Realised Returns | Unrealised Returns | Return Multiple |
|---|---|---|---|---|---|---|
Founder | 76.84% | 253Cr | 3517063 | 3289216 | 6067711 | 8057843 |
4949020 | 7684089 | 7478783 | 3648441 | 9595045 | 2858543 | |
5310356 | 8551616 | 8939418 | 6777469 | 6975619 | 7635784 | |
Fund | 6.08% | 20Cr | 199325 | 130257 | 940298 | 657767 |
693027 | 230343 | 688652 | 792651 | 360369 | 891216 | |
0 | 0 | 0 | 0 | 0 | 0 | |
Enterprise | 7.68% | 25.3Cr | 6334010 | 1628765 | 9830388 | 6537666 |
Angel | 8.44% | 31Cr | 7521160 | 2439778 | 5787598 | 9942662 |
5 | 8 | 4 | 3 | 7 | 2 | |
0 | 0 | 0 | 0 | 0 | 0 | |
0 | 0 | 0 | 0 | 0 | 0 | |
0 | 0 | 0 | 0 | 0 | 0 | |
Total | 99.04% | 330Cr | 5226271 | 2808921 | 7993618 | 8945750 |
To unlock detailed Cap Table of Stepapp 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 Stepapp's Shareholding
Stepapp's Investments and acquisitions
Stepapp has made no investments or acquisitions yet.
Reports related to Stepapp
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