HomeFunding AlertEdtech Platform Bluelearn Raises $3.5 Mn in Seed Round

Edtech Platform Bluelearn Raises $3.5 Mn in Seed Round

Social learning platform Bluelearn has raised $3.5 million in its seed round led by Elevation Capital and Lightspeed. The round also saw participation from Titan Capital, 2am VC, along with angel investors Vidit Aatrey (Founder & CEO Meesho) and Sanjeev Barnwal (Founder & CTO Meesho), Kunal Bahl (Co-founder and CEO Snapdeal), Rohit Bansal (Co-founder Snapdeal & AceVector), Awais Ahmed (Founder & CEO at Pixxel), Vivek Mohan, and others. This is in addition to the previous rounds led by Lightspeed and 100x VC.

According to Bluelearn, the proceeds will be used to ramp up its market expansion to newer and previously untapped markets in India and globally.

Recently in August 2022, Bluelearn shifted to his new office in Bangalore with a team.

Harish Uthayakumar Founder & CEO said, “Our members have started companies, ventured into freelancing, got solid internships, made life-long friendships, and are building the future of India and the world”.

Founded in 2021 by Harish Uthayakumar and Shreyans Sancheti, Bluelearn started off as a telegram channel for students to help each other with common questions, and today their app claims to have over 150,000 members from over 5,500 colleges and startups across 20 countries and is growing 30% month on month organically.

The startup has also launched its internship and freelancing platform, Bluelearn Work – which matches the top 2% of community members with companies looking to hire talent quickly. In under two months, BL Work claims to have seen over 1,100 companies and individuals post gigs and internships and more than 30k total applications.

Bluelearn plans to use the funds to further strengthen the product and team as well as to grow their community user base by 10x within the year. The brand is actively hiring across functions such as product, tech, marketing, and operations and plans to almost double the team size by the end of the year.

Venture capital firm Elevation Capital announced its eighth fund worth $670 million in April 2022. The firm has invested in over 150 companies across consumer internet, SaaS, fintech, consumer brands, ed-tech, health-tech, and web3/crypto, and has offices in Bengaluru, Gurugram, and Salt Lake City.

Ankush Kumar
Ankush Kumarhttps://www.marketmoney.in
Ankush Kumar is the Founder of Market Money. He is an expert in Banking and Finance. He has appeared in B.Com (Banking & Finance) From Govt. College in Lucknow.

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