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The Mumbai edition · 2026

Educationcompanies in Mumbai

Colleges, schools, training institutes, coaching classes, preschools and more: the companies building education in Mumbai, Maharashtra, with their founders, funding, team size and business models.

Explore in Radar See the ranked list ↓
861 company profiles128 with reported revenue17 with recorded fundingSeptember 2026 edition
Mumbai · Photo: Wikimedia Commons (Creative Commons Attribution-ShareAlike 4.0)

Recent education business events in Mumbai

Funding, M&A, contract wins and launches involving 963 education companies in Mumbai, last 24 months: 4 M&A deals · 2 funding rounds · 2 Contracts · 1 Launch. Newest first; companies and investors link to their Fliar profiles. Latest event in our news feed: Dec 2025.

M&AAcquisition · Announced

Kkr acquires Lighthouse learning

Shardul Amarchand Mangaldas advised KKR on all aspects of their acquisition for their inter-fund transfer involving Lighthouse Learning Private Limited (LHL).

Funding

Lighthouse learning

Global investment firm KKR and Lighthouse Learning Group (“Lighthouse Learning”), a leading Indian education services provider, announced an investment by funds managed by KKR alongside…

Investors Kkr, Psp investments
Education
ContractService

Aptech · client: State Government body

Aptech Limited has been awarded a domestic contract worth about Rs. 2.80 crore by a State Government body to conduct computer-based examinations.

M&AAcquisition · Announced

Finx acquires Bse Institute

Skilling and training platform FinX announced on Monday that it has acquired BSE Institute, the financial education and training subsidiary of the BSE.

Financial education and training
ContractSupply

BioconBiologics Ltd. · client: Navitus

YESINTEK has also been selected on several other formularies, including Navitus, Costco Health Solutions, MedImpact, Priority Health, University of Pittsburgh Medical Center (UPMC), and…

Pharmaceutical
LaunchPG Program in New-Age Startup Entrepreneurship

Zell education

Zell Education, India’s largest bootstrap EdTech in finance and accounts, has launched an exclusive PG Program in New-Age Startup Entrepreneurship to empower aspiring founders with the…

EdTech
FundingPreferential share issue

Jetking infotrain

Jetking Infotrain Limited, a Mumbai-based IT education firm, announced plans Wednesday to raise ₹6.6 crore ($793,000) through a preferential share issue to expand its bitcoin reserves…

IT education
M&AAcquisition · Announced

Arihant Academy acquires Zeal academy

Arihant Academy has acquired a 51% stake in Zen Educational and Learning (ZEAL Academy) for a valuation of Rs 17 crore.

Education
M&AAcquisition · Announced

Arihant Academy acquires Zen Educational and Learning (ZEAL)

NSE-listed Arihant Academy Ltd Thursday announced a deal to acquire a majority stake in a coaching institute that caters to students preparing for IITs and medical colleges.

Education

Education companies in Mumbai, by revenue

Browse education companies in Mumbai by reported revenue, one-year revenue growth, revenue model, age and stage. The 50 companies below are the largest by their most recent reported revenue among 128 education companies in Mumbai, Maharashtra that have filed a figure in the last four years. Every figure keeps its own reporting period, so compare periods before comparing amounts.

Showing 25 of 50

Provider of solutions for students for managing classes

Educational support services
THB 14.58bnDec 2023
Not reported
—Not available
102 yr1924
—No postings tracked

Digital education solutions for schools and students

Academic tutoring
₹1,809.80 crFY 2024-25
+3%2024–2025
413LinkedIn · Jul 2026
18 yr2008
0none in 3 months

Offers stationary products and diversified into e-learning

Educational publishers
₹1,764.68 crFY 2023-24
Not reported
3,644+9% 12 mo to Aug 2024recorded Aug 2024
67 yr1959
0none in 3 months

Operator of k-12 schools

K-12 schools
₹994.36 crFY 2024-25
+40%2024–2025
1,179+43% 12 mo to Mar 2024recorded Mar 2024
22 yr2004
0none in 3 months · last posted Mar 2026

Animation institute offering courses in animation, visual effects, gaming, web and graphic design

Continuing education centres
₹470.09 crFY 2022-23
Not reported
—Not available
30 yr1996
0none in 3 months

Operates K-12 school

K-12 schools
₹270.06 crFY 2024-25
+68%2024–2025
—Not available
23 yr2003
0none in 3 months

Provider of print, content, and fulfillment solutions for books

Educational publishers
₹253.47 crFY 2024-25
+34%2024–2025
—Not available
17 yr2009
0none in 3 months

Provider of AI & learning products for researchers, societies, government, and other industries

Services for government
₹205.54 crFY 2023-24
+7%2023–2024
628+5% 12 mo to Jun 2020LinkedIn · Jul 2026
21 yr2005
14postings · last posted Sep 2026

Provider of aviation and hospitality training programs

Continuing education chains
₹187.68 crFY 2023-24
+23%2023–2024
2,047recorded
33 yr1993
31postings · last posted Sep 2026

Non-profit organisation working to improve education for girls

Education ngos
₹133.58 crFY 2024-25
Not reported
1,141+377% vs previous recordLinkedIn · Jul 2026
19 yr2007
0none in 3 months · last posted Nov 2024

Manufacturer of stationary products

Educational supplies
₹129.41 crFY 2024-25
+2%2024–2025
304recorded
41 yr1985
0none in 3 months

Provider of online education and training programs focused on stock market trading and investing, led by a seasoned trader with over three decades of experiences

Continuing education chains
₹109.64 crFY 2024-25
-5%2024–2025
17LinkedIn · Jul 2026
18 yr2008
0none in 3 months

College offering various courses & degrees in management streams

Higher education institutions
₹101.75 crFY 2024-25
Not reported
186+23% 12 mo to Sep 2024recorded Sep 2024
21 yr2005
0none in 3 months

Provider of study abroad consulting and accommodation services for students

Educational support services
₹83.73 crFY 2024-25
+40%2024–2025
198+51% 12 mo to Mar 2024recorded Mar 2024
7 yr2019
0none in 3 months

Publisher of primary, secondary & higher educational books

Educational publishers
₹78.96 crFY 2022-23
Not reported
360+4% 12 mo to Jan 2024recorded Jan 2024
51 yr1975
—No postings tracked

Chain of educational centre offering finance and digital marketing courses

Continuing education chains
₹58.66 crFY 2024-25
+40%2024–2025
414+8% 12 mo to Sep 2024LinkedIn · Jul 2026
11 yr2015
0none in 3 months

IITJEE Coaching institute and Junior Science college

Test preparation chains
₹56.66 crFY 2024-25
-22%2024–2025
422+346% vs previous recordLinkedIn · Jul 2026
27 yr1999
0none in 3 months

Social enterprise focused on facilitating and integrating partnerships for lab-based project education

Education ngos
₹54.57 crFY 2024-25
+40%2024–2025
379LinkedIn · Jul 2026
15 yr2011
1postings · last posted Jul 2026

A workforce development platform that provides online training and education programs, focusing on vocational skills and certification courses

Continuing education chains
₹53.29 crFY 2024-25
+6%2024–2025
917-25% 12 mo to Feb 2024LinkedIn · Jul 2026
17 yr2009
1postings · last posted Aug 2026

Provider of stock market training programs on technical analysis and trading psychology

Continuing education centres
₹48.73 crFY 2022-23
+24%2022–2023
51+38% 12 mo to Sep 2024recorded Sep 2024
18 yr2008
0none in 3 months

Provider of personalized, standards-based curriculum and blended learning solutions for adult learners, focusing on academic and career success

Educational support services
₹50.81 crFY 2024-25
+19%2024–2025
—Not available
10 yr2016
0none in 3 months

Provider of medical education solutions for the medical fraternity

Continuing education centres
₹49.16 crFY 2024-25
+37%2024–2025
80+25% 12 mo to Sep 2024LinkedIn · Jul 2026
9 yr2017
0none in 3 months · last posted Jun 2026

Chain of pre schools in india

Early education & child care chains
₹45.89 crFY 2022-23
Not reported
217+8% 12 mo to Sep 2024LinkedIn · Jul 2026
20 yr2006
—No postings tracked

College offering undergraduate and post graduate programs in management

Higher education institutions
₹39.87 crFY 2024-25
-16%2024–2025
217+3% 12 mo to May 2023recorded May 2023
35 yr1991
0none in 3 months

Provider of digital marketing and AI education

Continuing education chains
₹39.81 crFY 2024-25
+43%2024–2025
122+36% 12 mo to Sep 2024recorded Sep 2024
10 yr2016
3postings · last posted Jul 2026
50 of 861 companies shown here · the full list is on Radar
Fliar Radar

Explore all 861 education companies in Mumbai on Radar

This page shows the top 50. Radar has the complete, filterable list with contacts and live company signals.

Open education in Mumbai on Radar
  • Every company, not just 50All 861 education companies in Mumbai, filterable by stage, funding, team size, revenue model and age.
  • Founders and decision-makersLeadership teams with roles and verified LinkedIn profiles, ready for outreach.
  • Live signalsFunding rounds, hiring, launches and M&A as they happen, with alerts on the companies you follow.
  • Save and exportBuild lists, compare companies side by side and export them from your Radar account.

Explore education companies in Mumbai by what you are looking for

Browse top education companies in Mumbai, from schools and colleges to coaching classes and edtech providers. You can also find education startups in Mumbai and education companies hiring in Mumbai.

9 ways to explore education in Mumbai

Colleges & higher education institutionsK-12 schools & school educationTraining institutes & skill coursesCoaching classes & test preparationPreschools, child care & after-school programsEducation services, study abroad & publishers

Colleges & higher education institutions

Universities, business schools and colleges offering degree programs.

  1. SP Jain

    College offering various courses & degrees in management streams

    Higher education institutions
    See in list
  2. PACE IIT & Medical

    IITJEE Coaching institute and Junior Science college

    Test preparation chains
    See in list
  3. ITM Group of Institutions

    College offering undergraduate and post graduate programs in management

    Higher education institutions
    See in list
  4. Jio Institute

    Private institute of higher education offering academic excellence, industry relevance, and social significance

    Higher education institutions
    See in list
  5. Universal AI University

    University offering AI-based programs for business analytics and BBA courses

    Higher education institutions
    See in list
142 companies in MumbaiAll 61 higher education institutions companies in Mumbai →

K-12 schools & school education

Private and public schools and school-focused edtech.

  1. Central Trading

    Provider of solutions for students for managing classes

    Educational support services
    See in list
  2. NAVNEET TOPTECH

    Digital education solutions for schools and students

    Academic tutoring
    See in list
  3. Vibgyor High

    Operator of k-12 schools

    K-12 schools
    See in list
  4. EuroSchool

    Operates K-12 school

    K-12 schools
    See in list
  5. Birla Open Minds

    Provider of education for students

    K-12 schools
    See in list
96 companies in MumbaiAll 54 k-12 schools companies in Mumbai →

Training institutes & skill courses

Vocational, professional and skill training institutes and chains.

  1. Arena Animation

    Animation institute offering courses in animation, visual effects, gaming, web and graphic design

    Continuing education centres
    See in list
  2. Frankfinn

    Provider of aviation and hospitality training programs

    Continuing education chains
    See in list
  3. Avadhut Sathe Trading Academy

    Provider of online education and training programs focused on stock market trading and investing, led by a seasoned trader with over three decades of experiences

    Continuing education chains
    See in list
  4. Zell Education

    Chain of educational centre offering finance and digital marketing courses

    Continuing education chains
    See in list
  5. Edubridge Learning

    A workforce development platform that provides online training and education programs, focusing on vocational skills and certification courses

    Continuing education chains
    See in list
231 companies in MumbaiAll 649 continuing education centres companies in India →

Coaching classes & test preparation

Coaching centres for entrance exams, tutoring and test prep.

  1. NAVNEET TOPTECH

    Digital education solutions for schools and students

    Academic tutoring
    See in list
  2. Rao IIT Academy

    Coaching Institute for Test preparation

    Test preparation chains
    Website
  3. PACE IIT & Medical

    IITJEE Coaching institute and Junior Science college

    Test preparation chains
    See in list
  4. Excellence Educare

    Provider of programs for IIT, JEE mains & medical entrance tests

    Test preparation centres
    Website
  5. Clone Futura

    Provider of personalized digital training solutions for individuals

    K-12 edtech
    Website
57 companies in MumbaiAll 349 academic tutoring companies in India →

Preschools, child care & after-school programs

Preschools, daycare centres and after-school activity providers.

  1. Little Millennium

    Chain of pre schools in india

    Early education & child care chains
    See in list
  2. Furtados School of Music

    Provider of music education programs for schools and individuals

    Continuing education chains
    See in list
  3. Vivero International Pre School

    Chain of preschools in India

    Early education & child care chains
    Website
  4. Podar Jumbo Kids

    Preschool that offers customized education programs for children aged 12 to 24 months

    Early education & child care centres
    See in list
  5. TIS

    Provider of project-centric STEM courses

    Afterschool programs
    See in list
64 companies in MumbaiAll 113 afterschool programs companies in India →

Education services, study abroad & publishers

Admissions consulting, study abroad help, supplies and educational publishers.

  1. Navneet Publications

    Offers stationary products and diversified into e-learning

    Educational publishers
    See in list
  2. Adventum Student Living

    Provider of study abroad consulting and accommodation services for students

    Educational support services
    See in list
  3. Burlington English

    Provider of personalized, standards-based curriculum and blended learning solutions for adult learners, focusing on academic and career success

    Educational support services
    See in list
  4. Target Publications

    Target Publications is a educational content publishing enterprise that has remained an indispensible part of the education industry

    Educational support services
    See in list
  5. OnCourse

    Provider of mentoring, application assistance, and other support services for abroad studies

    Educational support services
    See in list
136 companies in MumbaiAll 67 educational support services companies in Mumbai →

Education startups in Mumbai

Newer education companies founded in the last few years.

  1. TIS

    Provider of project-centric STEM courses

    Afterschool programs
    See in list
  2. Techybrid ThinkTank

    Provider of guided learning and self-study educational content for students

    K-12 edtech
    Website
  3. ARIV

    Online platform providing learning solutions for school students

    Academic tutoring
    Website
  4. DSJ Keep Learning

    Supplier of education learning products and learning services

    Educational support services
    Website
  5. Imperium Edutech

    Provider of higher education, k-12 learning, digital marketing, and other services

    Educational supplies
    Website
81 companies in Mumbai

Education companies hiring in Mumbai

Education employers with open roles right now.

  1. Vibgyor High

    Operator of k-12 schools

    K-12 schools
    See in list
  2. Crimson Interactive

    Provider of AI & learning products for researchers, societies, government, and other industries

    Services for government
    See in list
  3. Frankfinn

    Provider of aviation and hospitality training programs

    Continuing education chains
    See in list
  4. Educate Girls

    Non-profit organisation working to improve education for girls

    Education ngos
    See in list
  5. STEM Learning

    Social enterprise focused on facilitating and integrating partnerships for lab-based project education

    Education ngos
    See in list
30 companies in Mumbai

Listed education companies in Mumbai

Publicly listed education companies based in Mumbai.

  1. Navneet Publications

    Offers stationary products and diversified into e-learning

    Educational publishers
    See in list
  2. Sundaram Groups

    Manufacturer of stationary products

    Educational supplies
    See in list
  3. Chetana

    Publisher of primary, secondary & higher educational books

    Educational publishers
    See in list
  4. Jetking Infotrain

    Computer hardware and networking courses

    Continuing education chains
    Website
  5. VJTF Eduservices

    Training and consultancy firm

    Educational support services
    Website
15 companies in Mumbai
Mobile reach

Top 10 education apps from Mumbai

The most-installed Android apps published by education companies headquartered in Mumbai — 2.4M installs between them. 59 companies on this page publish at least one app; each company (legal entity) appears once, with its most-installed app.

1 of 10
3

NMIMS CDOE Student App

by NMIMS

Installs165K
Rating5.03K ratings
Installs, year on year+15%
Last updatedMay 2026
Legal entitySHRI VILE PARLE KELAVANI MANDALdeclared on Google Play
View on Google Play ↗
NMIMS CDOE Student App screenshot 1NMIMS CDOE Student App screenshot 2NMIMS CDOE Student App screenshot 3NMIMS CDOE Student App screenshot 4NMIMS CDOE Student App screenshot 5NMIMS CDOE Student App screenshot 6
4

Speakwell

by SpeakWell

Installs123K
Rating—
Installs, year on year+23%
Last updatedNov 2024
Legal entitySPEAKWELL SKILLS ACADEMY PRIVATE LIMITEDCIN U74900MH2014PTC256949
View on Google Play ↗
Speakwell screenshot 1Speakwell screenshot 2Speakwell screenshot 3Speakwell screenshot 4Speakwell screenshot 5Speakwell screenshot 6
5

SAFE

by IIT Bombay

Installs103K
Rating2.542K ratings
Last updatedApr 2026
Legal entityIIT BOMBAY DEVELOPMENT AND RELATIONS FOUNDATIONCIN U74999MH2015NPL270178
View on Google Play ↗
SAFE screenshot 1SAFE screenshot 2SAFE screenshot 3SAFE screenshot 4
8

Eduvate

by Eduvate

Installs43K
Rating—
Last updatedOct 2025
Legal entityK12 TECHNO SERVICES PRIVATE LIMITEDdeclared on Google Play
View on Google Play ↗
Eduvate screenshot 1Eduvate screenshot 2Eduvate screenshot 3Eduvate screenshot 4Eduvate screenshot 5Eduvate screenshot 6
10

Fitzroy Sounds

by SAAR

Installs31K
Rating—
Last updatedMay 2023
Legal entitySAAR EDUCATION (INDIA) PRIVATE LIMITEDdeclared on Google Play
View on Google Play ↗
Fitzroy Sounds screenshot 1Fitzroy Sounds screenshot 2Fitzroy Sounds screenshot 3Fitzroy Sounds screenshot 4Fitzroy Sounds screenshot 5Fitzroy Sounds screenshot 6
The business behind the activity

Education financials in Mumbai

Revenue, profit and growth from the filed annual accounts of 119 education companies in Mumbai, Maharashtra for FY24-25 — 149 of the 861 companies on this page file accounts with the Ministry of Corporate Affairs. The five largest earn 64% of the revenue, so medians describe the typical company better than totals.

combined revenue, FY24-25₹5,435.35 cr

119 companies filing accounts

combined net profit₹1,125.11 cr

20.7% aggregate margin

are profitable61%

73 of 119 companies

median revenue~₹5.0 cr

the typical company

median revenue growth+9%

into FY24-25

earned by the top five64%

revenue concentration

Six-year view

Combined revenue of filing companies

₹3,048.26 crFY19-20104 filers
₹1,991.86 crFY20-21115 filers
₹2,800.70 crFY21-22120 filers
₹4,313.55 crFY22-23122 filers
₹5,093.17 crFY23-24124 filers
₹5,435.35 crFY24-25119 filers

The number of companies filing changes each year; the three-year cohort below compares like with like.

Like-for-like

The same 109 companies over three years

+10%
FY22-23₹4,103.27 cr−₹56.61 cr net
FY23-24₹4,261.48 cr₹273.16 cr net
FY24-25₹4,533.26 cr₹1,068.08 cr net

Companies with accounts for all three years, so growth is not an artefact of who filed.

Scale and profit

Bigger companies are far more often profitable

Under ₹1 cr3333% profitable
₹1–10 cr4166% profitable
₹10–100 cr3574% profitable
₹100–1,000 cr989% profitable
Over ₹1,000 cr1100% profitable

Companies by FY24-25 revenue. Bars show how many companies sit in each band.

Momentum

How fast revenue moved into FY24-25

Shrinking37
0–20%32
20–50%22
50–100%11
Doubled+11

113 companies with accounts for both years; median growth +9%.

Profitability

Profit is concentrated at the top

73profitable
44loss-making
20.7%aggregate margin
2.3%median margin

The aggregate margin is pulled up by a few large filers; the median shows the typical company.

Growth leaders · ₹10 cr+ revenue

Fastest growing, FY24-25

CompanyGrowthRevenue
Witty Kids SchoolWITTY EDUCATION PRIVATE LIMITED
Birla Open MindsBIRLA OPEN MINDS EDUCATION LIMITED
EuroSchoolEUROSCHOOL FOUNDATION+68%₹270.06 cr
TISEDUNNOVATE TECHNOLOGIES PRIVATE LIMITED
IIDEIIDE EDUCATION PRIVATE LIMITED+43%₹39.81 cr
On My Own TechnologyON MY OWN TECHNOLOGY PRIVATE LIMITED
Profit leaders · ₹10 cr+ revenue

Highest net margins, FY24-25

CompanyMarginRevenue
ITM Group of InstitutionsITM EDUTECH (INDIA) LIMITED378.8%₹25.29 cr
Max EdusolMAX EDUSOL PRIVATE LIMITED
NAVNEET TOPTECH, Navneet PublicationsNAVNEET EDUCATION LIMITED45.5%₹1,758.20 cr
Birla Open MindsBIRLA OPEN MINDS EDUCATION LIMITED
IIDEIIDE EDUCATION PRIVATE LIMITED21.6%₹39.81 cr
Avadhut Sathe Trading AcademyAVADHUT SATHE TRADING ACADEMY PRIVATE LIMITED20.7%₹110.34 cr
Inside the industry

Sub-sectors compared, FY24-25

Sub-sectorCompaniesRevenueMedian revenueProfitableMargin
Academic tutoring5₹1,766.71 cr~₹19 lakh20%45.3%
K-12 schools8₹1,519.10 cr~₹29.5 cr62%10.7%
Continuing education chains14₹582.53 cr~₹12.4 cr79%12.1%
Educational support services22₹297.92 cr~₹4.4 cr68%-1.3%
Higher education institutions11₹237.25 cr~₹7.6 cr45%38.8%
Education ngos5₹225.83 cr~₹27.3 cr80%12.8%
Early education & child care chains6₹119.02 cr~₹7.0 cr50%-23.4%
Continuing education centres18₹114.06 cr~₹1.8 cr72%5.3%
Leaders

Largest education companies by revenue, FY24-25

Company · legal entityRevenueNet resultMarginGrowth
NAVNEET TOPTECH, Navneet PublicationsNAVNEET EDUCATION LIMITED₹1,758.20 cr₹800.73 cr45.5%+3%
Vibgyor HighEDUSPARK INTERNATIONAL PRIVATE LIMITED.₹900.90 cr₹59.37 cr6.6%+37%
Zee LearnZee Learn Limited₹285.76 cr₹54.19 cr19.0%+9%
EuroSchoolEUROSCHOOL FOUNDATION₹270.06 cr₹38.47 cr14.2%+68%
Repro BooksREPRO BOOKS LIMITED₹253.47 cr₹2.72 cr1.1%+34%
AptechAPTECH LIMITED₹245.59 cr11.0%+2%
Educate GirlsFOUNDATION TO EDUCATE GIRLS GLOBALLY₹133.58 cr₹18.82 cr14.1%-0%
Sundaram GroupsSUNDARAM MULTI PAP LIMITED₹129.41 cr−₹5.12 cr-4.0%+2%
Avadhut Sathe Trading AcademyAVADHUT SATHE TRADING ACADEMY PRIVATE LIMITED₹110.34 cr₹22.79 cr20.7%-4%
SP JainS P JAIN SCHOOL OF GLOBAL MANAGEMENT PRIVATE LIMITED₹101.75 cr₹13.92 cr13.7%+41%
Some figures are available to Radar members.Log in to Radar to see every figure

Standalone annual accounts filed with the Ministry of Corporate Affairs. Brands that share one legal entity are shown together and counted once.

Industry landscape report

Education Industry Landscape of India

The financials above are one chapter. The full education landscape of Mumbai maps the whole industry — every segment, the capital behind it, the talent market and where the next opportunities are.

  • Market map of every sub-sector
  • Funding & company formation by year
  • Revenue, profit & financial strength
  • Digital footprint: traffic, apps, releases
  • Hiring, skills & pay
  • Founders & leaders
  • News & sentiment
  • Where demand runs ahead of supply
Read the education landscape of Mumbai
For investors and data teams

Put this intelligence into your own tools

The figures on this page come from Fliar’s company, funding and MCA filings data. Use it through the Investor Intelligence API and MCA financials feeds, or explore every company, filing and investor in Radar.

Capital & corporate activity

Education funding and M&A across India

340 recorded equity rounds have gone to 13,538 education companies in India — how much, at which stage, into which sub-sectors, from whom, and how Mumbai compares. Debt, IPO and grant rounds are excluded.

equity rounds, last 12 months6

US$18.95m

equity rounds, last 24 months14

US$51.57m

raised over five yearsUS$1.78bn

87 rounds in India

M&A deals, Mumbai4

last 24 months

Capital by year

Equity funding into education in India

amount rounds
$261m201817
$32m201922
$51m202022
$72m202125
$1.0bn202223
$588m202317
$49m20249
$34m202512
$1.2m20261

Bars show US$ raised; the number under each year is equity rounds. 2026 is year to date. The peak year was 2022, with US$1.04bn across 23 rounds.

The funding ladder · five years

Rounds and typical cheque by stage

AngelUS$7.70m20 rounds · median US$104k
SeedUS$27.41m37 rounds · median US$532k
Series AUS$57.58m14 rounds · median US$3.50m
Series BUS$61.48m5 rounds · median US$12.35m
Series CUS$130.00m1 rounds · median US$130.00m
Series D+US$1.50bn9 rounds · median US$21.30m
Where the money went · five years

Most-funded sub-sectors

Test preparation chainsUS$600.00m1 rounds · 1 companies
Educational publishersUS$525.00m1 rounds · 1 companies
Academic tutoringUS$292.30m13 rounds · 10 companies
Educational support servicesUS$150.22m24 rounds · 11 companies
Hr servicesUS$130.00m1 rounds · 1 companies
Higher education institutionsUS$20.25m7 rounds · 5 companies
Early education & child care chainsUS$18.52m3 rounds · 3 companies
Corporate activity · last 24 months

M&A in Mumbai

4Acquisition

Most active acquirers

  1. Arihant Academy2
  2. Kkr1
  3. Finx1

Most acquired or merged

  1. Lighthouse learning1
  2. Bse Institute1
  3. Zeal academy1
  4. Zen Educational and Learning (ZEAL)1

Each deal appears in the events strip at the top of the page.

Go deeper in the education landscape reports:

Education Industry Landscape of India Education Industry Landscape of Mumbai AdTech Industry Landscape of Mumbai

Education funding in Mumbai

17 education companies in Mumbai have recorded equity funding, US$102.00m in total. Totals and round dates describe the historical record; they are not current valuations.

Founders and momentum in Mumbai

Meet the people behind education companies in Mumbai. 239 of 861 companies list founders or leaders; where a public LinkedIn profile matches exactly, the expanded profile shows the photo, headline, location and education.

Explore Mumbai education companies by sub-sector

The most common specialisations among education companies in Mumbai. Open a company to see what it sells, who runs it and how far it has come.

Keep exploring education in India and nearby markets.

Coming soon