CONVEGENIUS EDU SOLUTIONS PRIVATE LIMITED

Business Overview

• ConveGenius is an India-focused EdTech / AI-in-education company operating largely a B2G, business-to-government, and institutional model.
• Flagship offerings: the "ConveGenius" platform, SwiftChat, a conversational-AI education bot recognised as Best AI App on Google Play, 2023, serving 150M+ profiles, SwiftPAL, Personalized Adaptive Learning, 5,300+ PAL Labs across 16 Indian states, Swift Insights/PinAcLe, an Item-Response-Theory based assessment engine, and CG Slate, gamified K-8 tablet-based learning.
• Claims reach of 77M+ students / 150M+ learners.
• Company positions itself as focused on delivery/impact rather than pure content creation.
• Opened an "AI Innovation Hub" in Ahmedabad (Oct 2024).
• Reported to CNBC-TV18 it expected to cross the "Indicorn" threshold, >₹100 Cr revenue, profitable, by end of FY25.
• Sources: convegenius.com, Tofler, Falconebiz, press coverage.

Sector & Classification

Education / eLearning & digital education. Note: registry sources show the CIN activity prefix as U85500 (Education/Health & Social Work classification) rather than the task's U74900 (Business Activities N.E.C.) — Tofler, Falconebiz, TheCompanyCheck and Tracxn all independently show CIN U85500TG2013PTC086785 for this same registration number (086785), same incorporation date, same RoC, same address, same directors and PAN. This is consistent with an MCA activity-code reclassification (common when a company's primary NIC activity is updated) rather than a different entity — registration number, directors, PAN and address are identical across all sources, so treated as the same legal entity for this profile.

Directors & Key Management

Confirmed (≥2 sources): (1) Jairaj Bhattacharya — Director since 3 Apr 2013, DIN 06449290 (Falconebiz); described elsewhere as CEO. (2) Shashank Pandey — Director since 31 Dec 2018 (per TheCompanyCheck/Tracxn; Falconebiz shows "8 years" tenure, roughly consistent), DIN 06449289 (Falconebiz). Company Secretary: Aditya, appointed 4 May 2023 (TheCompanyCheck) / "~3 years" tenure (Falconebiz). Auditor: MGB & Co. LLP (Tracxn — single source, partial, use with caution per Tracxn-restriction rule).

GST Registrations

Not obtained. No GSTIN could be verified via knowyourgst.com, mastersindia.co, findgst.in, or IndiaMART seller listings after targeted searches (including by PAN AAFCC7176F). PAN AAFCC7176F is known (Falconebiz, single source). Home state for registered office is Telangana; company also maintains an operational office in Noida, Uttar Pradesh, suggesting the entity likely holds GST registrations in more than one state, but this could not be confirmed with a specific GSTIN or registration count.

Financials

• Figures show some cross-source variance; treat FY2024 audited figures as best-confirmed and FY2025 as press-reported/partial. All standalone (entity-level) unless noted.
• FY2023-24, year ended 31 Mar 2024: Revenue ₹72.79 Cr per TheCompanyCheck, consistent with Falconebiz's "₹50-75 Cr band, +194.41% YoY", — confirmed by 2 sources.
• EBITDA declined ~87.2% YoY (Falconebiz).
• Net profit +31.62% YoY (Falconebiz) — direction confirmed, absolute figure not obtained from an approved source.
• Net worth +463.43% YoY (Falconebiz).
• Total assets +75.81% YoY
• Borrowings -30.18% YoY (Falconebiz).
• FY2024-25, year ended 31 Mar 2025: Revenue reported in press, via search snippet referencing CNBC-TV18/Inc42-style coverage, at ~₹139 Cr — single-source/partial, not independently corroborated by an approved registry source.
• Tracxn, restricted-use source per rules — reported here only as an unverified cross-check, NOT as a confirmed fact: FY24-25 revenue band ₹100-500 Cr, Net Profit ₹26.26 Cr, Total Assets ₹65.09 Cr, Total Debt ₹90.86 Cr, Net Profit Margin 42.18%, ROE 67.69%, Debt-to-Equity 82.68.
• These specific absolute figures are single-sourced (Tracxn) and should be treated as unconfirmed/partial.
• No standalone-vs-consolidated distinction was explicitly stated by any source; figures appear to be standalone entity filings.

Funding History

• Confirmed directionally across sources with some figure variance (flagged): ConveGenius (brand/group) has raised roughly $15-16.4M cumulative across multiple seed/Series A rounds since 2015.
• Per Inc42, approved source: $14.99M across 5 rounds — Nov 2015 seed $302,940 (Enablers)
• Aug 2016 seed $900,000, Benori Ventures +1
• Oct 2021 seed $5.00M, 3Lines +3 others
• Jan 2024 Series A $6.99M, Mount Judi Ventures +5 others
• Feb 2024 Series A $1.80M, investor not specified in source.
• Tracxn, used here only for round names/investor names per allowed use, additionally names Michael & Susan Dell Foundation, UBS, Searce, BAce Capital, Heritas Capital as investors, and cites total funding $16.4M/7-8 rounds — the small variance in totals/round-count vs Inc42 is a noted source conflict.
• No valuation was reliably confirmed for a recent date, an old ₹63 Cr valuation figure dated Feb 2018 appeared in one snippet — stale, not used as current.

Shareholding

• Partial / single-source, Tracxn — instructions restrict Tracxn to funding-round names only, so this is reported with caution and NOT treated as confirmed: Founders ~44.55%, net worth ~₹28.1 Cr, Institutional Funds ~20.13% (incl.
• Michael & Susan Dell Foundation, Benori Ventures), Angel investors ~29.27%, named: Ashish Gupta, Tan Kar Ngiap, Rajat Dhawan, ESOP pool ~4.19%, Others ~1.82%.
• Not corroborated by a second independent source — treat as indicative only.

Loans & Charges

• Confirmed via Falconebiz, approved source, with TheCompanyCheck noting a satisfied-charges figure: total open charges ~₹39 Cr across 6 lenders —
• Tracxn, partial/unconfirmed cross-check only, lists a longer history of 12 — dates/amounts differ somewhat from Falconebiz and should be treated as supplementary, not confirmed

Related Parties

• Confirmed group/related entities, Falconebiz + Tracxn agree on the list, though relationship labels vary slightly: ConveGenius Insights Private Limited, subsidiary, Telangana, ConveGenius Foundation, subsidiary/trust entity, Telangana, ConveGenius Digital India Services Private Limited, connected/cross-directorship entity, Uttar Pradesh — CIN U72200UP2021PTC146618 per TheCompanyCheck listing.
• Same two directors, Bhattacharya, Pandey, hold cross-directorships across these entities per Tracxn.

Competitive Landscape

• India/global EdTech and AI-in-education peers, rough scale tags, mixed sourcing — Tracxn used only for the competitor-name list per allowed use, scale context added independently: (1) Extramarks Education — larger-scale Indian K-12 EdTech, hundreds of crores revenue
• (2) LEAD School — Indian school-partnership EdTech, similar or larger scale, VC-funded
• (3) Avanti Learning Systems — Indian ed-assessment/learning outcomes player, comparable early-growth stage
• (4) Kira Learning — US-based AI-in-education platform, ~$21M raised (Tracxn)
• (5) Merlyn Mind — US AI-for-classroom platform, ~$29M raised (Tracxn)
• (6) Knowbox — Chinese K-12 EdTech, much larger scale, ~$306M raised per Tracxn, — included as a global comparator, not a direct India peer.

Frequently Asked Questions