Startup Atlas · Education Financing
Eduvanz
Varun Chopra · Co-Founder & CEO
Raheel Shah · Co-Founder (departed as Chief Business Officer, July 2025)
Atul Sashittal · Co-Founder
Parth Upadhyay · Co-Founder (joined founding team later)
$46.5 MnTotal funding (tracked)
7Funding rounds
8 Feb 2025Last round
Eduvanz: Financial Breakdown
Figures below are FY2024, standalone basis, compiled from filings and disclosures — every year cited to its source.
INR 57.4 Cr (operating revenue)Total revenue · +16.7% YoY
INR 41 Cr net lossNet loss · loss narrowed 4.7% YoY
Revenue by fiscal year
Net profit / loss by fiscal year
Bars below the line are a net loss for that year.
| Fiscal year | Revenue | Total expenses | EBITDA | Net profit / loss | Source |
|---|---|---|---|---|---|
| FY2024 | INR 57.4 Cr (operating revenue) | — | — | INR 41 Cr net loss | source |
| FY2023 | INR 49.2 Cr (operating revenue) | — | — | INR 43 Cr net loss | source |
| FY2022 | Rs 27.5 crore (revenue from operations) | — | — | Net loss of Rs 23.15 crore | source |
| FY2021 | Rs 13.63 crore (operating revenue) | Rs 24.82 crore | — | Net loss of Rs 10.44 crore | source |
| FY2020 | Rs 4.5 crore (operating revenue) | Rs 12.82 crore | — | Net loss of Rs 8.11 crore | source |
Nothing here is blurred or gated — every figure Atlas has is shown in full, free.
Sources & corrections.
Every fact on this page is compiled from cited public sources — follow the “source” links beside each entry. Profile sources: eduvanz.com · Last verified 15 Jul 2026. · Report a correction