To digitize coaching institute, Edtech startup Winuall raises Rs 14.7 crore

CIOReviewIndia Team | Wednesday, 07 October 2020, 13:07 IST

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To digitize coaching institute, Edtech startup Winuall raises Rs 14.7 crore

 

Winuall, an Education technology startup has raised from Prime Venture Partners, Beenext, LivSpace founder Ramakant Sharma among other angel investors a whooping Rs 14.7 crore. 

It said in a statement that the startup will use the fresh capital to enhance product capabilities and hire across technology, product, AI, and business development teams.

Furthermore,  by the end of 2021, going forward, the startup plans to add more than 20,000 coaching institutes and serve more than three million students across India.  

As massive surge in signups on edtech platforms due to the COVID outbreak, the shift to online learning has also come at the expense of offline coaching centres as studying from home became the norm.

“We believe digital tools will become an integral part of the learning experience and evolve our education system in a massive way going forward," said Ashwini Purohit, CEO, Winuall.

"The tutoring market is at an inflection point, and there are a lot of tutors who want to manage their own student interactions and develop an independent identity. Winuall is facilitating this by helping tutors and coaching institutes to go digital," said Shripati Acharya, managing partner, Prime Venture Partners.

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