# Purplefirst Technologies Private

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/purplefirst-technologies-private

- Industry: Education/Training
- Headquarters: Mumbai, India
- Website: www.purpletutor.com
- Total disclosed funding: $1.2M
- Latest round: Series A (Jun 16, 2022)
- Investors on record: 2

## About

Purplefirst Technologies is an educational technology company that offers online coding and mathematics classes for children, focusing on skill development in logical reasoning and problem-solving through interactive learning.Founded in 2019 and headquartered in Mumbai, India, Purplefirst Technologies Private Limited specializes in providing digital educational content. The company was co-founded by Gaurav Perti and Yatish Gupta. In June 2022, it raised INR 68.47 million in Series A funding from Disruptors Capital, along with participation from IvyCap Ventures, marking a significant achievement in its financial growth.Purple Tutor specializes in online coding and mathematics classes for children aged 6 to 18. Their curriculum covers a range of subjects including Math, Python, Web Development, SpaceTech, AI & Machine Learning, Cyber Security, and game development on platforms like Roblox. The programs promote hands-on projects that foster critical thinking, targeting a global clientele across over 75 countries.In the most recent fiscal year, Purplefirst Technologies reported a revenue of INR 1,405,515.90, with an EBITDA of INR 756,473.40. The company operates on a subscription-based revenue model, offering courses priced between USD 20 to USD 23 per session, catering to various age groups and learning levels.Following the Series A funding round in June 2022, Purplefirst Technologies intends to enhance its product offerings, particularly focusing on strengthening its Artificial Intelligence (AI) capabilities. The company plans to expand into new geographic markets, targeting regions that include Southeast Asia and the Middle East, with initiatives expected to roll out by 2024. The funds raised will primarily support these growth strategies, aiming to increase their footprint in the EdTech sector.

## Funding rounds

- Series A, Jun 16, 2022, $0.9M — IvyCap Ventures Group, Disruptors Capital
- Seed, Jan 8, 2021, $0.3M — IvyCap Ventures Group

## Investors

- IvyCap Ventures Group (https://capitalatlas.ai/funds/ivycap-ventures-group) — Seed, Series A
- Disruptors Capital (https://capitalatlas.ai/funds/disruptors-capital) — Series A
