Navars Edutech Private Limited

Business Overview

Operates under the consumer brand "Navars Space Tech" (website navarsspacelab.com, formerly navarsedutech.com). Builds astronomy/space-science and STEM education for K-12: graded programs (Little/Young/Junior/Senior Scientist for grades 1-10), STEM & Space Lab setups for schools (curriculum + DIY kits + models), live online courses combining astronomy/space science/AI/robotics, the National Astronomy and Science Olympiad (NASO, cited as reaching 100,000+ students across 1000+ schools in 18+ countries per company site; a separate Tracxn-sourced search summary cites 800+ schools/300,000 students/13 countries — figures not obtained from a primary filing, treat as company/aggregator marketing claims), portable-planetarium and stargazing "Astro events," and an International Space Research Club linking students with NASA/ISRO-affiliated educators. Founded 2019 (Inc42/Tracxn summaries say "established 2015" for prior astronomy-workshop activity, but MCA incorporation is 2019 — likely founder activity pre-dates incorporation). Team size reported as ~22 (Tofler, as of Aug 2025) to ~78 (Tracxn-derived search summary) — figures conflict across sources, not independently confirmed.

Sector & Classification

Education — "Educational support services / Other education and training services n.e.c." per Tofler MCA classification ("Coaching Centres"); TheCompanyCheck tags it eLearning & Digital Education. DPIIT-recognised Startup (TheCompanyCheck).

Directors & Key Management

GST Registrations

Not obtained. No individual GSTIN page could be located for PAN AAGCN7043K via knowyourgst (404) or general search; state of registration would be Telangana (36xxxx) given the registered address, but no specific GSTIN number is confirmed from any source. Do not infer a GSTIN.

Financials

FY2025 (year ended 31 Mar 2025): Revenue ₹7.03 crore, reported +20% YoY (TheCompanyCheck) — standalone, single-entity filing. FY2022: Operating revenue range "under ₹1 crore" (Tofler); Tofler also shows a "-99.25%" YoY revenue-change flag and a "-99.96%" borrowings-change flag for that period, and a Debt-to-Equity ratio of 8.07 — these look like a data-restatement or reporting-format artifact from Tofler rather than a real 99% revenue collapse, since TheCompanyCheck shows healthy FY2025 growth; flagged as a possible source inconsistency, not resolved. EBITDA, PAT and net worth: locked behind paid subscriptions on both platforms — not obtained. No annual report/results PDF was located publicly.

Funding History

Total funding reported as ~$592K (~₹4.9 crore) over 3 rounds (search-engine-summarized Tracxn data — used only for round names/investors per sourcing rules, not as a primary figure). First round: 23 Jun 2021. Latest: a Seed round, dated either 25 Jul 2023 (one summary) or 9 Oct 2023 (Inc42-sourced summary) — date conflicts across sources, not resolved; ~11 investors participated in the latest round. Investors named: JITO Incubation & Innovation Foundation, O2 Angels Network, Angel Scions, Faad Network/Faad Capital, Stigasoft. Reported valuation ~₹37.1 crore (Tracxn-derived, unconfirmed by a second source). EdTechReview also references an "angel round" raise for Navars (astronomy/space-education startup) consistent with this history.

Shareholding

Not obtained — shareholding pattern and cap table are behind paid/premium access on TheCompanyCheck and Tracxn; no free source disclosed the pattern.

Loans & Charges

Open charge with HDFC Bank Limited, created 27 September 2023. Amount shown as ₹7.29 lakh (TheCompanyCheck, "open charges") vs. "₹0.1 crore" (~₹10 lakh) on Tofler — the two figures are in the same broad range but not identical; treated as partial/approximate (~₹7-10 lakh), single charge, status open.

Related Parties

The website navarsedutech.com now permanently redirects to navarsspacelab.com, and "Navars Spacetech"/"Navars Space Tech" is used as the consumer-facing brand for this same CIN (TheCompanyCheck explicitly lists "Navars Spacetech" as the "Associated Brand" of Navars Edutech Private Limited, and a Tracxn-derived summary treats "Navars Spacetech" and "Navars Edutech" as the same underlying entity/funding history) — this looks like a brand name, not a separate legal entity; no other group companies or related-party transactions were found. Not treating this as a genuinely separate related party per the entity-confusion caution, but flagging the brand/entity naming overlap for the page editor's awareness.

Credit Ratings

None found. No CRISIL/ICRA/CARE rating could be located for this company (expected for a small, unlisted, non-listed-debt private startup).

Legal & Compliance

None found. No Indian Kanoon or other case records located for "Navars Edutech Private Limited."

Competitive Landscape

STEM & Space (Delhi; founded 2018 by Mila Mitra, Gautam Agawari, Hema Verma — STEM-through-space-exploration lessons/workshops; similar early-stage scale). Spark Astronomy (astronomy-education peer, named as a top competitor by Tracxn-derived comparison; scale not independently confirmed). Avakas Inc (named as a competitor in the same comparison set; scale not confirmed). Vellon Space (appears in a CBInsights "Navars vs Vellon Space" comparison; scale not confirmed). All listed as small/early-stage peers in the India astronomy-STEM-education niche — none are large or well-documented enough to confirm relative scale beyond "comparable early-stage startup."

Frequently Asked Questions