INeuron Case Study: Company Profile, Founding Team, and Many More

Introduction:

Platform provider for education using artificial intelligence and data sciences. Kids can prepare for the future and cultivate their attitude by enrolling in courses offered by the company on data science, programming, cloud computing, web and mobile development, and digital marketing. The company also specializes in AI product creation. Here we are talking about the INeuron Case Study: Company Profile, Founding Team, and Many More.

INeuron – Company Highlights:

INeuron – About:

Practical and reasonably priced tech courses are the main focus of iNeuron, a technology education provider. The organization provides a range of online courses intended to improve abilities and ease career shifts into technology-related industries. It primarily provides community assistance and extensive learning programs to people looking to advance their professions in the tech industry. Its headquarters are in Bengaluru, India, and it was created in 2019.

Industry:

It provides EdTech market sectors’ B2C and B2B services.

Founder and Team:

Sudhanshu Kumar and Krish Naik are among the founders of iNeuron. In 2019, it was established.

Startup Story:

Sudhanshu Kumar, the CEO and founder of iNeuron, has always been passionate about information acquisition. Being a keen student and profound thinker, Kumar has always been interested in the latest developments in the field of technology. This passion has reached new heights because of him. His main objective is to change how education is designed to be both globally accessible and sustainable while also meeting the demands of corporations and businesses. Beyond the facts, Kumar’s achievement is ultimately driven by his boundless curiosity and persistence.

Mission and Vision:

The objective is to enable everyone to afford and access education and experiential skills despite differing economic and educational levels. Because curiosity cannot be stifled, they allow students to make demands unmatched by any other platform or institution.

Name, Tagline, and Logo:

Business Model:

An ed-tech business called iNeuron provides a 360-degree learning ecosystem that includes job portals, internship portals, and virtual labs. The company’s business strategy is centered on offering accessible, useful, and hands-on training in developing technologies.

INeuron – Revenue Model

• The current expected yearly income for iNeuron.ai is $130.2 million.
• As to the most recent post-round ownership report on August 20, 2022, the founders hold a 70.30% stake, valued at INR 80Cr.
• 70.30% of iNeuron’s shares are owned by its founders, followed by Other People (7.67%), Fund (7.48%), Enterprise (5.79%), and Angel (4.32%).

Products and Services:

Programs on data science, cloud computing, programming, web and mobile development, and digital marketing are available at iNeuron.ai. The business specializes in the creation of AI products as well. The 360-degree learning ecosystem of iNeuron.ai consists of:

• Neuro Lab: An infinitely computational virtual lab
• Job Portal: A platform for creating resumes, job applications, and talent hiring
• One Neuron: Packaged apps designed to meet certain needs
• Support System: A location to discuss difficult questions and connect with others
• Portal for internships: More than 500 active projects in different fields

Funding and Investors:

• Through two rounds of funding, it has raised $3.61 million.
• In its most recent investment round, a Series A round on August 20, 2022, it raised $1.64 million.
• 23 investors form iNeuron in total.
• Out of the five, four are institutional investors and S Chand Group.
• Among the 18 angel investors are Hitesh Choudhary and 17 other people.

Employees:

As of August 23, it employed 207 people.

Challenges Faced:

• One major problem is user trust.
• Competition with other market participants is the second problem.

Acquisitions:

PhysicsWallah (PW), an ed-tech unicorn backed by Westbridge Capital, purchased iNeuron Intelligence to broaden its product line in the upskilling space.

Growth:

iNeuron has made a name for itself as one of India’s top providers of EdTech solutions, with more than 600 courses covering every possible technology and cutting-edge projects in cutting-edge fields like data science, blockchain, IoT, AR/VR, and commercial drones. The company offers cutting-edge solutions for beginners and professionals in the field. How we learn and find work is revolutionized by it, which offers live and recorded lessons, round-the-clock job portals, and doubt clarifications. They are receiving the expertise from iNeuron that will enable them to thrive and keep up with the rapidly advancing technologies. Reputable businesses like Amazon, Hitachi, and Wipro hire their students.

Partners:

iNeuron and S Chand collaborate to help MGU students develop their technical course skills.

Competitors:

iNeuron’s primary rivals are Simplilearn, Udemy, and upGrad.

Awards and Achievements:

There are no details of it.

Future Plan:

There are no details of it.

FAQ’s

What does INeuron do?

It offers instruction on cutting-edge technologies while facilitating simple, useful, and cost-effective access to tech education.

When was INeuron founded?

In 2019, it was established.

Who is the founder of INeuron Corporation?

Sudhanshu Kumar and Krish Naik founded the company at iNeuron.

Who is the CEO of INeuron Corporation?

Sudhanshu Kumar is INeuron Corporation’s CEO.

Who are the main competitors of INeuron?

It’s primary rivals are Simplilearn, Udemy, and upGrad.

Conclusion

INeuron, a trailblazing EdTech firm formed in 2019 by Sudhanshu Kumar and Krish Naik, is revolutionizing tech education. It enables students worldwide by providing useful courses and a strong learning environment. It prospers despite obstacles like trust and rivalry, as seen by its $130.2M yearly revenue and most recent acquisition by PhysicsWallah. It is changing the future of IT education.

saraseej T

As a passionate and results-driven digital marketer, I specialize in crafting and executing comprehensive digital marketing strategies that drive brand awareness, engage audiences, and deliver measurable results. With a proven track record in creating impactful online campaigns, I thrive on leveraging the latest trends and technologies to elevate brands to new heights.