Digital studying startup KopyKitab raises undisclosed quantity from buyers Pacatolus and others
On-line training platform KopyKitab will get induced with a lift of recent funds from new funding spherical.
Bengaluru-based ed-tech startup KopyKitab has raised an undisclosed funding quantity from a clutch of institutional and angel buyers. The buyers embody the likes of Pacatolus (Singapore), Stanford Angels (led by Paula Mariwala), and different angel buyers similar to Praveen Gandhi, Jeenendra Bhandari, Mohit Dubey, and Manoj Mehta. This startup will use this fundraise to additional enhance its know-how platform and enlarge its scope throughout the ecosystem. It affords personalised and digital studying for larger training and aggressive exams.
KopyKitab, based in 2014 by Sumeet Verma and Amit Shrivastava, earlier raised $2 million from CBA Capital, Pacatolus and different angel buyers. The startup claims to have a consumer base of over 4.5 million with 6 million app downloads.
KopyKitab CEO and co-founder Sumeet Verma stated to yourstory, “There are 40,000 institutes in India with 60 % plus hole in high quality school and curated content material in a extremely scattered market. KopyKitab has witnessed a large development, with altering client behaviour as a result of pandemic, and 68 % of the visitors coming from Tier II and Tier III cities validates our enterprise mannequin. Our purpose is to handle the underserved market of upper training.”
Angel investor Praveen Gandhi stated to yourstory, “We consider within the mannequin of KopyKitab and that’s why we’ve backed the group from their early days. In contrast to different edtech gamers, KopyKitab focuses on calls for from the scholars’ facet and works to provide them what they should additional excel of their research and outcomes. That makes them very scholar centric platform.”
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