BrightChamps Revenue, Valuation, Funding & Investors

BrightChamps is valued at $450M as of November 2021, a 45.0x multiple on its last reported $10M revenue.

Last BrightChamps valuation

$450M

Undisclosed stage · Nov 2021

Last BrightChamps funding round

$51M

Series B · Jun 2022

BrightChamps revenue

$10M

Undisclosed stage · Nov 2021

Key investors in BrightChamps

  • BEENEXT
  • 100Unicorns
  • GSV Ventures
  • Premji Invest
  • Binny Bansal
  • Climber Capital

BrightChamps Overview

About BrightChamps

BrightChamps is a Noida-headquartered edtech platform offering live one-on-one classes in coding, artificial intelligence, chess, and financial literacy for children aged 6 to 16. Operating from India, it serves students across 100 countries through interactive sessions with certified instructors. The curriculum aligns with global standards like Common Core and Cambridge, focusing on skill-building via projects in Python, Scratch, and robotics.


Founded

2020

HQ

United StatesSan Francisco, CA

Status

Privately held

Customer focus

B2C

Revenue model

Services

Revenue

$10M (Nov 2021)

Valuation

$450M (Nov 2021)

BrightChamps Valuation

BrightChamps is currently valued at $450M, based on its undisclosed-stage round in November 2021.

The $51M round was led by Premji Invest, with participation from VIC Partners, 021 Capital, BEENEXT, Binny Bansal and GSV Ventures.

BrightChamps valuation by funding round

BrightChamps valuation by funding round
DateStageValuationRevenue Multiple
Nov 2021Undisclosed stage$450M45.0x

BrightChamps Revenue

BrightChamps' latest recorded revenue is $10M, as of its undisclosed-stage round in November 2021. At a $450M valuation, that implies a 45.0x revenue multiple.

BrightChamps revenue by funding round

BrightChamps revenue and valuation multiple by funding round
DateRevenue *ValuationRevenue MultipleStage
Nov 2021$10M$450M45.0xUndisclosed stage

* Revenue (or ARR) figures are the values recorded alongside each funding round. Typically run-rate revenue at the time of the deal, or a reported LTM (last 12 months) revenue.

BrightChamps Funding History

BrightChamps has raised a total of $102M across 2 funding rounds.

BrightChamps' first fundraising round was a $51M undisclosed-stage round in November 2021. The most recent completed round was a $51M Series B in June 2022.

BrightChamps funding rounds

BrightChamps funding rounds
DateStageInvestorsRaisedValuationDeal Summary
Jun 2022Series B100Unicorns (lead); Elev8 Venture Partners; Climber Capital$51M-BrightChamps is a Goa-based edtech startup founded in July 2020 by Ravi Bhushan, offering online courses and platform development initially focused on platform and course offerings, later expanding internationally. In June 2022, it raised $51 million in a Series B round led by 100Unicorns, with participation from Climber Capital and Elev8 Venture Partners, aimed at supporting international expansion and further product development. This followed a prior Series Unknown round in November 2021 where it raised $63 million (per Inc42) or $51 million (per Clay) led by Premji Invest at a nearly $500 million valuation. For FY22 (April 2021 to March 2022), BrightChamps reported operating revenue of INR 22.5 crore, an 11.3X increase from INR 2 crore in the prior nine-month period, but posted a standalone loss of INR 98.7 crore, spending INR 5.4 for every INR 1 of operating revenue due to heavy investments in team expansion across product, growth, technology, content, sales, operations, marketing, and business development. The company noted that while expenses were channeled through its India business, global revenues from markets like the US, Vietnam, Bangladesh, Indonesia, and Singapore were higher than India filings indicated. Post-round, BrightChamps made acquisitions including Education10x in February 2022 in a cash and stock deal and Singapore-based Schola in August 2022 for $15 million in cash and stock. It shifted its India business model towards B2C via schools to reduce customer acquisition costs amid high competition in edtech, claiming reduced burn in FY24 without marketing spend. Total funding raised stood at around $102 million across rounds by mid-2022, operating in a challenging edtech sector facing funding winter with inflows dropping sharply.
Nov 2021Undisclosed stagePremji Invest (lead); VIC Partners; 021 Capital; BEENEXT; Binny Bansal; GSV Ventures$51M$450MBrightChamps is a global edtech platform delivering online, offline, and hybrid STEM-accredited classes in Coding, Robotics, AI, Financial Literacy, Entrepreneurship, Communications, and Vedic Maths across 30+ countries. Founded by Ravi Bhushan in July 2020 and launching operations in August 2020, the company focuses on delivering next-generation life skills to children aged 6 to 16 through live learning programs that complement school curricula. In November 2021, approximately 16 months after founding, BrightChamps announced a $63 million funding round (comprising a $51 million Series A/Unknown round led by Premji Invest in November 2021 and a subsequent $51 million Series B round in June 2022), achieving a valuation of nearly $500 million. The company achieved significant traction before external funding, growing profitably on customer revenue alone. By October 2021, roughly one month before the November funding announcement, the company had achieved $10 million in annual recurring revenue (ARR), representing 10X growth within the calendar year. The company was operating in over 10 countries with more than 100,000 registered students, who spent over 6 million minutes in live learning monthly and were mentored by approximately 1,000 online instructors. The company employed 200 full-time staff members and planned to expand into adjacent verticals through additional course launches and strategic acquisitions to support international expansion and product development.

Who has invested in BrightChamps?

9 investors have backed BrightChamps across its funding rounds, including BEENEXT, 100Unicorns, GSV Ventures, Premji Invest, Binny Bansal and Climber Capital.

Lead investors include 100Unicorns and Premji Invest.


BrightChamps Investors

Investors in BrightChamps by funding rounds participated
InvestorHQRoundsRoleFirst check
Elev8 Venture PartnersIndiaBangalore1ParticipantJun 2022
VIC PartnersVietnamHanoi1ParticipantNov 2021
Climber CapitalIndiaMumbai1ParticipantJun 2022
021 CapitalIndiaIndia1ParticipantNov 2021
Premji InvestIndiaBangalore1LeadNov 2021
BEENEXTSingaporeSingapore1ParticipantNov 2021
100UnicornsIndiaIndia1LeadJun 2022

This data is available for Pro users. Sign up to see all 9 BrightChamps investors.

Start Free Trial

Benchmark 350K+ Funding Rounds and Disclosed VC Valuation Multiples

Sign up to see data on 350K+ funding rounds and disclosed revenue and EBITDA valuation multiples, from seed, through growth stage, to pre-IPO.

Start Free Trial

Acquisitions by BrightChamps

BrightChamps has acquired 4 companies to date.

Last acquisition by BrightChamps was on January 20th 2025. BrightChamps acquired Edjust for undisclosed valuation.


Latest Acquisitions by BrightChamps

Edjust
Metamorphosis
Schola
Education10x
Description
Edjust is a Tel Aviv-based platform combining AI targeting, emotional intelligence analysis, and contact center operations for edtech sales leads. It qualifies parents interested in online courses through behavioral scoring from platforms like Facebook. Edjust serves providers such as Coursera partners in Europe and the Middle East.
-
Schola is a South Korea-based EdTech company providing online English learning programs for children. The Schola Kids platform delivers 1-on-1 lessons following an American elementary syllabus integrated with STEAM subjects taught by native speakers. Schola emphasizes gamified, personalized curricula accessible via app worldwide.
Education10x is a global edtech platform delivering live one-on-one financial literacy classes for children and teens aged 8 to 16. Headquartered in India, it pioneers personalized finance education covering budgeting, investing, entrepreneurship, and money management. The company's interactive sessions use gamified content and real-world simulations to build lifelong skills among underserved youth.
HQ CountryIndiaIndiaSingaporeIndia
HQ City
Mumbai
-
Singapore
Delhi
Deal Date20 Jan 202527 Apr 202324 Aug 20228 Feb 2022
Valuationundisclosedundisclosed$15Mundisclosed
EV/Revenue
EV/EBITDA

This data is available for Pro users. Sign up to see all BrightChamps acquisitions and their M&A valuation multiples.

Start Free Trial

BrightChamps Competitors

BrightChamps competitors include listed companies like Gaotu Techedu and Jiangsu Chuanzhiboke, and private ones like Codemao, Cuemath, Makeblock and Brightwheel.

Public and private companies comparable to BrightChamps
CompanyHQStatusRevenueEBITDAValuationRevenue Multiple
CodemaoChinaShenzhenPrivate$17M-$495M-
CuemathIndiaBangalorePrivate$10M-$407M40.7x
Gaotu TecheduChinaChinaPublicly listed$917M($38M)$503M0.2x
Jiangsu ChuanzhibokeChinaChinaPublicly listed$57M($7M)$540M6.3x
MakeblockChinaShenzhenPrivate$9M-$367M-
BrightwheelUnited StatesSan Francisco, CAPrivate--$600M-

BrightChamps Public Comps

BrightChamps is still privately-owned, but its public comps include Ataa Educational, Vitru Educação, YDUQS, Gaotu Techedu, Cruzeiro do Sul Educacional, Insource Co., Jiangsu Chuanzhiboke, Ser Educacional, NIIT Learning Systems and Wilmington.

Last FYEV/RevenueEV/EBITDA
RevenueEBITDALast FYLTM2027ELast FYLTM2027E
Ataa Educational$176M$65M4.4x4.2x11.8x11.4x
Vitru Educação$439M$169M1.7x1.6x4.3x4.2x
YDUQS$1.1B$310M1.3x1.2x4.3x3.7x
Gaotu Techedu$917M($38M)0.2x0.2x(4.3x)(33.7x)
Cruzeiro do Sul Educacional$551M$181M1.3x1.2x3.8x4.1x
Insource Co.$93M$39M3.5x3.2x8.5x7.9x
Jiangsu Chuanzhiboke$57M($7M)8.9x6.3x(67.8x)-
Ser Educacional$431M$124M1.3x1.3x4.6x4.7x

This data is available for Pro users. Sign up to see all BrightChamps competitors and their valuation data.

Start Free Trial

Common questions about BrightChamps

When was BrightChamps founded?BrightChamps was founded in 2020.
Where is BrightChamps headquartered?BrightChamps is headquartered in San Francisco, CA, United States.
Is BrightChamps publicly listed?No, BrightChamps is a private, VC-backed company.
What is BrightChamps' valuation?BrightChamps was last valued at $450M in its undisclosed-stage round in November 2021.
How much funding has BrightChamps raised?BrightChamps has raised $102M across 2 funding rounds.
What was BrightChamps' last funding round?BrightChamps' last funding round was a $51M Series B in June 2022, led by 100Unicorns.
Who are BrightChamps' investors?BrightChamps' investors include Elev8 Venture Partners, VIC Partners, Climber Capital, 021 Capital, Premji Invest, BEENEXT, 100Unicorns, Binny Bansal and GSV Ventures.
What is BrightChamps' revenue?BrightChamps' latest recorded revenue is $10M (November 2021).
What is BrightChamps' revenue multiple?BrightChamps' latest valuation implies a 45.0x revenue multiple ($450M valuation on $10M of revenue).
Which companies are comparable to BrightChamps?Companies comparable to BrightChamps include Codemao, Cuemath, Gaotu Techedu, Jiangsu Chuanzhiboke, Makeblock and Brightwheel.
How many companies has BrightChamps acquired?BrightChamps has acquired 4 companies, including Edjust, Metamorphosis, Schola and Education10x.
What was the largest acquisition by BrightChamps?The $15M acquisition of Schola in August 2022 is the largest acquisition BrightChamps has made to date.

See companies similar to BrightChamps

Start Your
Free Trial Today

Try Multiples for free for 3 days. Got questions or need a demo? Schedule a call with us below.

Start Trial