Vernacular e-learning platform Vidyakul has raised bridge spherical of funding of $500,000 led by We Founder Circle, and in addition noticed participation from traders together with JITO Angel Community and Thinkuvate.
Vidyakul is aimed toward offering after-school e-learning for the state board college students in vernacular languages. The edtech startup is at the moment delivering training in four languages and has already enabled the identical for 1 million college students from 10 States. Vidyakul raised $500,000 in seed spherical early this 12 months solely.
“We’ve been getting overwhelming responses from college students from throughout the states. With the rising web penetration, the scope of digital studying has widened, and we’re exploring the chances of the identical. E-learning has the potential to handle long-standing challenges of – entry to high quality training, reaching remotest of the areas, student-teacher ratio and so on.,” mentioned Tarun Saini, founder, Vidyakul.
The e-learning platform offers programs for 10 boards, and plans so as to add three extra languages and programs for 3 state boards by the top of this fiscal.
Gaurav Singhvi co-Founder, We Founder Circle, mentioned, “We’ve began serving to Vidyakul since 2019, and have invested $100Ok in Jan 2021 as we had been very bullish on vernacular eLearning client development. Since they launched the Gujarati language after beginning with Hindi, quite a lot of our traders & native enterprise group had been eager to actively work with them. That’s how with overwhelming demand from the Gujarati group we’re in a position to reinvest $250Ok on this spherical once more. This speaks a quantity concerning the potential of Vidyakul and the strategic investor base of WFC group.”
“Rural training in India has been the prime focus of the federal government. Vidyakul, majorly focuses on the BHARAT with an enormous content material financial institution of greater than 100okay video lectures protecting greater than 10 state boards throughout maths and science. We at JITO Angel Community are proud to be a part of Vidyakul and are very assured that the founders will lead the corporate to nice heights,” mentioned Sunil Kumar SInghvi, vice chairman, JITO Angel Community.
The model plans to utilise funds in increasing the Vidyakul crew and enhancing the platform performance.
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