Almabetter Edutech Private Limited

Business Overview

• AlmaBetter is an AI/tech upskilling and career-transformation platform founded in 2020 by IIT-educated founders.
• It runs live, cohort-based online programs, master's-style programs, professional fellowships, and advanced certifications, in areas such as AI Systems & ML Engineering, Cloud & AI Infrastructure Engineering, Data Science, and Software Engineering/DevOps with AI.
• The company markets itself as having "6000+ careers transformed" and cites partnerships with Microsoft, Nasscom, and IIT Patna.
• It historically used/marketed income-share-agreement (ISA) style financing for some cohorts and operates related digital properties including grow.almabetter.com and resume.almagrow.com.
• Source: almabetter.com (official site).

Sector & Classification

80301 - Education and training services (EdTech / AI-tech upskilling)

Directors & Key Management

GST Registrations

Not obtained. Attempted lookups on KnowYourGST, Mastersindia, FindGST for PAN AAUCA0696D did not return a usable GSTIN. No confirmed primary GSTIN, home state, registration count, or status could be sourced within reliable-source constraints.

Financials

• Latest available: FY ending 31 March 2024 (source: Tofler).
• Operating revenue banded at ₹25-50 crore (Tofler) / TheCompanyCheck also places it in the ₹1-100 crore band, wide, low-confidence range.
• Tofler additionally showed apparently conflicting derived metrics, total revenue +37.87% YoY, but "book net worth decreased by 455.28%" and assets down 72.1%, alongside a stated net profit margin of ~62% for FY24, - these figures are internally inconsistent/likely templated estimates from a non-Pro Tofler view and are flagged as unreliable rather than confirmed.
• EBITDA, PAT, net worth, absolute figures, and borrowings were gated behind Tofler's paid tier and could not be verified - "not obtained".
• No standalone vs. consolidated basis could be confirmed.
• Treat all financial figures here as partial/unconfirmed.

Funding History

• Not obtained.
• No funding-round, investor, or valuation data could be located via Entrackr, Inc42, Tracxn, or general search within this session, web-search quota was exhausted mid-task; only direct page fetches were possible thereafter, and guessed Tracxn/Entrackr/Inc42 URLs did not surface AlmaBetter-specific articles.

Shareholding

• Not obtained/not publicly disclosed. Falconebiz and Tofler both indicate shareholding/promoter-institutional-public breakdown requires a paid/Pro report tier
• No free-tier source disclosed the pattern.

Loans & Charges

• No charges (loans) registered with the Registrar of Companies, per Falconebiz. Status: confirmed, single clear source, no borrowings/charge filings found elsewhere either.

Related Parties

• Common-director group entities per Falconebiz: Athahyogya Education Private Limited and Edzor Ventures Private Limited, both share directors Alok Anand and Ravi Kumar Gupta with Almabetter Edutech. Single-source
• Treat as partial. No parent/holding company relationship identified.

Credit Ratings

• Not obtained / none found. No CRISIL, ICRA, or CARE rating could be located
• Falconebiz indicated ratings data (if any) sits behind a premium tier, and no independent rating agency listing surfaced.

Legal & Compliance

• No matching cases found on Indian Kanoon for "Almabetter Edutech" at time of search (0 results). Status: none found, not necessarily exhaustive, but no litigation surfaced.

Competitive Landscape

• Peer EdTech/upskilling bootcamp companies operating in similar tech-career-transformation space, approximate scale tags, unverified/indicative only: Scaler Academy (InterviewBit) - larger, well-funded
• Masai School - similar/larger, ISA-model peer
• Newton School - similar scale
• Pesto Tech - smaller/similar
• Coding Ninjas, part of PhysicsWallah, - much larger
• UpGrad - much larger, diversified edtech. These are named based on general market knowledge of the Indian tech-upskilling bootcamp segment, not a source-verified competitor list.

Frequently Asked Questions

Sources

Tofler (tofler.in/almabetter-edutech-private-limited) - identity, directors, financial bands; TheCompanyCheck (thecompanycheck.com) - identity corroboration, related parties absence-check, GST/ratings/shareholding gating; Falconebiz (falconebiz.com) - charges (none registered), related-party group entities via common directors; almabetter.com (official site) - business overview, domain, logo; Indian Kanoon (indiankanoon.org) - legal search (no results); KnowYourGST/Mastersindia/FindGST - GSTIN lookup attempted, no result surfaced.