Total amount raised
₹45 Billions
Latest funding date
05/01/2022
Location
Allen Career Institute offers coaching for various competitive exams, including NEET-UG, JEE Main + Advanced, NTSE, Olympiad, BITSAT, and KVPY. The institute provides both classroom and online courses, including live video lectures, online test series, and distance learning programs.
Keep reading to explore the intricacies of Allen Career Institute's fundraising journey and the investors backing this educational platform.
What Is Allen Career Institute?
ALLEN Career Institute, established in 1988, is a premier coaching institute in India specializing in preparing students for competitive exams like NEET-UG, JEE Main + Advanced, NTSE, Olympiad, BITSAT, and KVPY. The institute is located in Kota, Rajasthan.
With a significant presence across 65 cities in India, ALLEN has mentored over 35 lakh students through its 285+ classroom campuses and 400+ test centers. The institute is renowned for its high success rates and offers a variety of courses, including online programs and distance learning.
How Much Funding Has Allen Career Institute Raised?
- Private Equity Round
- Amount Raised: ₹45B
- Date: May 2022
- Lead Investors: Bodhi Tree
- Venture Round
- Date: January 2017
Allen Career Institute has raised a total of ₹45B in funding.
Key Investors
- Bodhi Tree
- Details: Bodhi Tree is a prominent investment platform co-founded by James Murdoch and Uday Shankar. The platform focuses on media, technology, and consumer sectors.
- Investment Focus Areas: Media, technology, consumer sectors
- Notable Investments: Not publicly disclosed
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