The spherical additionally noticed participation from angel traders and founders of Indian startups, together with Nitin Gupta, Uni chief government; Kunal Shah, Cred founder; Ashish Gupta, former Helion managing director; and Gaurav Munjal, Unacademy founder, amongst others.
The funds shall be used to scale Bhanzu’s stay courses in a number of geographies together with the US, Canada, the UK, and the Center East, and speed up hiring throughout its tech and product groups, the assertion mentioned.
Based in 2020, Bhanzu presents a curriculum for leanring math. “Bhanzu has already helped 1000’s of scholars realise their true potential. We’re on our pathway to realize the identical at international scale,” mentioned Neelakantha Bhanu, founder and chief government, Bhanzu.
Since inception, the corporate has clocked over one million instructing hours throughout a base of over 30,000 college students, the corporate mentioned.
“We’re very excited to associate with Bhanzu in his mission to revolutionise math training. We have now been awed by his journey from being a math fanatic and educator to an entrepreneur and are proud backers of his imaginative and prescient to rethink how youngsters throughout the globe study math,” mentioned Shuvi Srivastava, vp, Lightspeed.
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Lightspeed’s edtech investments in India additionally embrace
edtech giant Byju’s, Frontrow, a skill-based course supplier, and studying administration system Teachmint.
Earlier this 12 months, Lead Faculty
became the sixth Indian edtech unicorn after it raised $100 million in a contemporary spherical led by GSV Ventures and WestBridge Capital, valuing it at $1.1 billion.
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