Winuall, a Bengaluru-based online E-learning platform, has raised $2 million (INR 17 crore) in Series A led by Dream Incubator and existing investors Inflection Point Ventures, Prime Venture Partners, BEENEXT, and angel investors Amit Lakhotia (Founder, Park+), Ankit Bhati (Co-founder & CTO, OLA), Ramakant Sharma (Co-Founder, Livspace), Akash Gehani (Co-Founder, Instamojo), and among other.
The new fund used to improve product and technology capabilities, recruit across leadership roles, and diversify the marketplace market by onboarding more creators, content providers, and educators, according to Winuall.
Ashwini Purohit Co-founder and CEO said, “Winuall helps tutors engage students more effectively than ever before by providing relevant content for practice, deep learning, and personalization to enhance student’s success.”
Winuall has onboarded over 3,700 coaching institutions and over 5,000 tutors who sell their courses and teach online. The company aim to add more than 20,000 coaching institutes and serve more than 3 million students across Indian cities by the end of 2022.
Shripati Acharya, Managing Partner, Prime Venture Partners said, “The tutoring industry was approaching a critical turning point, and a lot of tutors were struggling to control their own student interactions and establish an independent identity.”
Teruhide Sato, Founder and Managing Partner, BEENEXT said, “The pandemic had encouraged startups around the world to experiment, and that edtech, as well as other industries, would play a vital role in shaping and impacting a more digitally connected future.
Winuall (Kuzagan Technologies Private Limited) Founded in 2019 by Ashwini Purohit and Saurabh Vyas, Winuall is an information technology company that specializes in the fields of E-learning, online quizzes, tests, and study material for competitive exams. Its services offer online notes, reference material, E-commerce and comprehensive quizzes and tests, a few recently added services.