Math-focused edtech platform Bhanzu posted strong growth in the fiscal year ended March 2025, as its operating revenue jumped nearly fourfold. Despite the sharp rise in scale, the company kept expenses stable, which helped its losses reduce by 42% during the period. Hyderabad-based Bhanzu’s revenue from operations jumped over 3.7X year-on-year to Rs 109.5 crore in FY25 from Rs 29.4 crore in FY24, according to its consolidated financial statements filed with the Registrar of Companies (RoC).
The company also has a presence in the US, the UK, and the Middle East. According to the filing, international markets contributed over 69% of total revenue at Rs 75.7 crore, a 4.3X jump compared to FY24. Meanwhile, the Indian market contribution stood at Rs 33.9 crore, with nearly 3X year-on-year growth. For the edtech firm, employee benefits formed the largest cost head, with 50% share of total expenditure. This cost fell 17% to Rs 96.3 crore in FY25 from Rs 115.4 crore in FY24. The decline came largely due to lower ESOP cost (non-cash), which dropped to Rs 11.7 crore from Rs 25.8 crore in the previous fiscal.
In the end, the 3.7X growth led the company to cut its losses by 42% to Rs 79 crore in FY25, compared to Rs 135.5 crore in FY24. Its EBITDA margin improved to -75.8%, while EBITDA (loss) stood at Rs 83 crore in the previous fiscal. At the unit level, Bhanzu spent Rs 1.77 to earn every rupee of operating revenue in FY25. As of March 2025, the firm reported current assets of Rs 179.5 crore, including cash and bank balances of Rs 167.5 crore. The strong cash position followed the $16.5 million Series B round led by Epiq Capital during the financial year.
About Bhanzu
Bhanzu has been founded by Neelakantha Bhanu Prakash(CEO), a world-renowned human calculator, alongside co-founders Prachotan DL (Head of Business Development), Alluru Uday Kiran (Head of Operations), Krishnakanth JSS (Head of R&D), and Srinivas Jonnalagadda. Bhanzu provides experiential math learning courses that enable cognitive abilities among children aged between 5 to 16 years. According to its website, the compnay has trained over 50,000 students through its bouquet of courses.