Bangalore-based edtech startup Knudge.me has raised undisclosed amount of funding in a round led by Indian Angel Network (IAN) along with participation from Axilor Ventures, a seed fund and accelerator founded by industry veterans including S Shibulal and Kris Gopalakrishnan, among others.
Notably, Knudge.me was part of Axilor’s Summer ’17 Accelerator batch. The startup was also selected for Facebook’s FbStart programme, in November 2016.
Founded in 2017 by Zunaid Ahmed, Udit Jain and Pushp Raj Saurabh, Kundge.me is a microlearning mobile platform to help people improve their English skills leveraging Artificial Intelligence and gamified learning.
The startup’s android app has organically gained more than two million users across the globe. The app was also selected as the “Best Hidden Gem” by Google Play Store in 2017 besides being an Editor’s Choice app.
Knudge.me’s current courses are targeted to help students improve their verbal score in exams such as GRE, GMAT, SAT, CAT etc.
“We want to build Knudge.me as a global edutainment platform that makes learning fun for everyone. We already have seen interest from users in countries like the United States, Brazil and Indonesia. We believe that the phenomenon of game-based learning can be applied to a variety of learning contexts. We are truly excited at building a global consumer product out of India,” said Zunaid Ahmed Co-founder and CEO at Knudge.me.
The startup is currently working on a plug-and-play gamification model which will allow its users to create, share, and play games on any topic they’re interested in. Knudge.me intends to target a generation who are addicted to their phone screens and make their otherwise unproductive time more worthwhile.
Commenting on the investment, lead IAN investor Bikky Khosla said, “Gamification is still catching up in India, because of which many do not know how much it can positively impact learning outcomes. We need to revolutionise the way our nation approaches education and Knudge.me provides that strongly integrated gamification experience with their core intent being on skill development and learning. I firmly believe that this product is uniquely positioned to make a powerful change in learning outcomes, in India and globally.”
In previous month only, IAN had invested undisclosed amount in PregBuddy, a Bangalore-based femtech (female technology) startup.
About Edtech startup fundings in India, last month an another ed-tech startup IndigoLearn has raised $150,000 in a seed funding round from a group of angel investors based in India, the US and Europe.
Prior to that, Gurgaon-based Doubtnut, a multi lingual online learning platform for students, also raised ₹3.5 crore in a pre-series A round of funding led by WaterBridge Ventures with participation from Omidyar Network. Prior to this, Bengaluru IMAX Program has raised $13.5 million from the Michael & Susan Dell Foundation, LGT Impact Ventures and existing investor Aspada, in February.
Additionally, it may be recalled that S Shibulal, one of the founders of Axilor which participated in this Knudge.me funding, has launched EduMentum — an incubator for early-stage startups working in the space of offline education transformation.
Via – Times of India | Top Image – Axilor Ventures @Youtube
Like this content? Sign up for our daily newsletter to get latest updates.
Comments are closed.
We Dont Spam !