# Neev Knowledge Management

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/neev-knowledge-management

- Industry: Education/Training
- Headquarters: Mumbai, India
- Website: www.edupristine.com
- Total disclosed funding: $1.5M
- Latest round: Series A (Jul 1, 2013)
- Investors on record: 1

## About

Neev Knowledge Management is a specialized training provider focused on finance and accounting education, offering accredited courses that prepare professionals for competitive qualifications in the financial sector.Founded in 2007 in Mumbai, India, Neev Knowledge Management operates as a training provider in finance and accounting education. The company's founders, Bijun N and Sarita Chand, established the firm with the intent of bridging the skills gap in the industry. In May 2016, a Secondary Buyout occurred, where DeVry, Inc. and Kaizenvest acquired a majority stake in the company for USD 8.00 mn. This investment was pivotal in supporting its growth trajectory.EduPristine, a brand under Neev Knowledge Management, offers a wide range of professional finance and accounting courses, including ACCA, US CPA, US CMA, CFP®, CFA®, FRM®, and Financial Modeling. These programs are structured to accommodate various learning styles through both in-person and online formats, primarily targeting students and professionals in India and select international markets. The company serves over 5,000 clients annually, helping them enhance their qualifications and career prospects in finance.In the year 2023, Neev Knowledge Management reported a revenue of USD 1,289,935. However, the company also faced an EBITDA loss of USD 528,801.3 for the same period, reflecting the challenges of the educational sector amid changing market demands.Looking ahead, Neev Knowledge Management aims to introduce new training programs and expand its offerings in response to evolving market needs. The company plans to enter additional international markets by the end of 2024, utilizing the recent funding of USD 8.00 mn from the Secondary Buyout to bolster its expansion initiatives. This growth strategy is expected to include enhanced digital learning platforms and partnerships with global educational institutions to reach a broader audience.

## Funding rounds

- Series A, Jul 1, 2013, $0.5M — Accel
- Series A, Jun 1, 2012, $0.5M — Accel
- Series A, Sep 16, 2011, $0.5M — Accel

## Investors

- Accel (https://capitalatlas.ai/funds/accel) — Series A