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Home Gadgets Tiger Global leads Quizizz’s $31.5 million Series B funding round

Tiger Global leads Quizizz’s $31.5 million Series B funding round


Mumbai: Quizizz, a pupil engagement platform, has raised $31.5 million (about Rs 206 crore) as a part of its ongoing Sequence B funding spherical led by Tiger Global.

Current traders Nexus Enterprise Companions, GSV Ventures and Eight Roads Ventures additionally joined the spherical together with new backers together with Yahoo co-founder Jerry Yang.

The Bengaluru-based firm will use the funding to broaden its crew throughout each India and the US. It should additionally spend money on key partnerships to speed up enlargement in worldwide markets, based on an announcement.

The fundraising follows a Sequence A announcement in March.

The corporate has to this point raised $47 million from traders.

Based in 2015 by Ankit Gupta and Deepak Cheenath, Quizizz helps lecturers discover and create gamified quizzes, interactive classes and interesting research supplies. Its platform is at the moment utilized in greater than 120 nations and greater than 80% of US’ Ok-12 faculties. It has 60 million month-to-month energetic customers (MAUs) and is powered by a world instructor group that has contributed greater than 20 million quizzes and classes spanning each topic and grade degree.

The corporate began providing paid subscriptions in late 2020 and is at the moment worthwhile. It has groups throughout US and India.

As per the corporate, in contrast to conventional edtech startups, it doesn’t concentrate on supplemental curriculum however appears to empower lecturers to create extra participating studying experiences for his or her college students within the classroom and at dwelling. The platform has grown by way of word-of-mouth as educators share Quizizz with colleagues on-line and in-person.

In a mean week, college students around the globe reply greater than 300 million questions on Quizizz. “Our hope is that each time a query is answered, it conjures up the scholar to continue to learn and provides their instructor time to concentrate on personalised help as an alternative of staying up late grading a stack of worksheets,” stated Quizizz CEO Ankit Gupta.


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