Company Intelligence Profile
Les Transformations Learning Private Limited
Karnal-based edtech company operating "Suraasa", a global teacher upskilling and certification platform; FY24 revenue ~Rs 16.3 Cr, loss-making, backed by seed + Series A funding at the brand level.
Last updated 4 August 2026
Les Transformations Learning Private Limited is a Karnal-based edtech company operating Suraasa, a global platform focused on upskilling and certifying K-12 teachers with internationally recognised qualifications. The company reported revenue of approximately Rs 16.3 Cr in FY24, reflecting around 16% year-on-year growth, though it remains loss-making. At the brand level, Suraasa has raised approximately $7.2 Mn across seed and Series A rounds from investors including Reach Capital and Inflection Point Ventures.
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Company Identity
| Registered name | Les Transformations Learning Private Limited |
|---|---|
| CIN | U74999HR2015PTC056448 |
| PAN | AACCL9255F |
| Status | Active (Active Compliant) as of Jul 2026 |
| Listing | Unlisted / Private Limited (non-government) |
| Incorporated | 19 August 2015 (one source shows 18 Aug 2015; 19 Aug 2015 per majority of sources) |
| ROC | RoC-Haryana |
| Sector (NIC) |
|
| Registered address |
|
| Authorized capital | Rs 10 Lakh (Rs 10,00,000) |
| Paid-up capital | Rs 1 Lakh (Rs 1,00,000) |
Business Overview
- Edtech company operating the "Suraasa" platform, focused on upskilling and certifying K-12 teachers with internationally recognised teaching qualifications and professional development programs
- Founded by Rishab and Ankit Khanna (brand launched ~2017 under the Les Transformations umbrella)
- Targets educators, students, parents and school management globally, positioning teacher career growth as its core mission
- ~117-120 employees
Directors & DINs
| Name | DIN | Role | Appointed |
|---|---|---|---|
| Rishab Khanna | 02756524 | - | 19 Aug 2015 |
Financials
- Standalone (Indian entity, Les Transformations Learning Pvt Ltd)
- Latest revenue: ~Rs 16.33 Cr for FY ending 31 Mar 2024
- FY2023 (Mar 2023): revenue in Rs 10-25 Cr band, up ~114.58% YoY; operating margin -6.7%, net profit margin -3.33% (loss-making); net worth eroded (reported down sharply), borrowings up ~520% YoY, total assets up ~57% YoY, ROCE negative, debt-to-equity negative (negative net worth) — per Tofler
- Latest balance sheet date on record: 31 Mar 2025; last AGM 30 Sep 2025
- Exact EBITDA, PAT, net worth and borrowings figures: not obtained
- Consolidated statements: not obtained
Funding
- Brand-level ("Suraasa"): Seed round ~$1.2 Mn (Dec 2022) led by Inflection Point Ventures (with NB Ventures, SuperMorpheus, Vinners, SucSEED Innovation)
- Series A ~$6 Mn (Oct 2024) led by Reach Capital, with ETS/ETS Capital, NB Ventures, TSM Ventures, TRTL Ventures
- Total ~$7.2 Mn from ~15 investors
- CAUTION: these rounds are attributed to the Suraasa brand; the exact recipient legal entity (this CIN vs a separate/foreign holding entity) is NOT confirmed — treat as brand-level, not confirmed into U74999HR2015PTC056448
Charges / Loans
- No charges/loans registered
- Note this conflicts with Tofler's reported ~520% YoY rise in borrowings for FY23; borrowings may be unsecured/inter-corporate
- Treat charge position as: none registered
Competitors
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