# Navars Edutech Private

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/navars-edutech-private

- Industry: Education/Training
- Headquarters: Hyderabad, India
- Website: www.navarsedutech.com
- Total disclosed funding: $0.1M
- Latest round: Angel (Jul 5, 2021)
- Investors on record: 2

## About

Navars Edutech Private Limited, based in India, focuses on delivering innovative STEM-based education, particularly in astronomy and space science, targeting students from grades 1 to 10 through engaging products and services.Founded in 2015 and headquartered in Hyderabad, India, Navars Edutech specializes in educational solutions centered on STEM and space science. The company has successfully completed three deals, with its most recent funding round in September 2023 raising INR 27.540 mn from investors including AngelBay and Faad Network, bringing the total amount raised to INR 27.540 mn and valuing the company at INR 247.127 mn. The founders, Dinesh Prasad and Sravan Datla, aim to establish a sustainable educational framework that empowers the next generation of innovators.Navars Edutech provides a range of STEM and space science products and services to students in grades 1 to 10. Their offerings include the establishment of STEM & Space Labs in educational institutions, where they supply exclusive DIY kits and permanent models to foster an engaging learning environment. Additionally, they organize the National Astronomy and Science Olympiad (NASO), a global competition involving over 100,000 students from more than 1,000 schools across 18+ countries. Their online classes cover subjects like astronomy, artificial intelligence, and robotics, positioning students for success in the expanding space industry projected to reach USD 1 trillion by 2040.In the most recent fiscal year, Navars Edutech reported revenue of INR 702,249.50 with an EBITDA of INR 15,981.90. Revenue generation is driven by direct sales to educational institutions, subscriptions for online courses, and fees from events like the NASO, utilizing a structured pricing model for their STEM & Space Labs and other offerings.Following the funding round in September 2023, Navars Edutech plans to leverage the financing to enhance its platform aimed at educating future space leaders. The company intends to expand its product offerings and may enter new geographic markets, focusing on broader outreach and innovation in educational technology to meet the evolving needs of students and institutions.

## Funding rounds

- Angel, Jul 5, 2021, $0.1M — Faad Network, AngelBay

## Investors

- Faad Network (https://capitalatlas.ai/funds/faad-network) — Angel
- AngelBay (https://capitalatlas.ai/funds/angelbay) — Angel