‏إظهار الرسائل ذات التسميات Winuall. إظهار كافة الرسائل
‏إظهار الرسائل ذات التسميات Winuall. إظهار كافة الرسائل

Edtech Startup Winuall Raises INR 14.7 Crore ($2 Million) to Digitise Coaching Institutes



Winuall, an online education platform that helps coaching institutes go digital, announced that it has raised INR 14.7 crore from Prime Venture Partners, BEENEXT, Ramakant Sharma (founder of LivSpace) and other angel investors. WinUall aims to democratise technology infrastructure for offline small and medium institutes and digitise the whole learning experience for students with online study material, assessments and live classes. The startup will use the fresh capital to enhance product capabilities and hire across technology, product, AI and business development teams. Winuall is planning to add more than 20,000 coaching institutes and serve more than three million students across India cities by the end of 2021.


Founded in 2019, Winuall offers a SaaS plug and play platform on a subscription model for tutors and coaching institutes. Private tutors small and medium coaching institutes are mostly run by individuals or a small group of tutors who are generally not tech-savvy. Winuall enables these tutors and coaching institutes to become fully digitized by providing tools like class scheduling, batch management, attendance, live classes, online quizzes, AI-based recommendations, online courses, building online platforms etc. Apart from managing their day-to-day activities, the tutors also get an opportunity to sell their courses across the globe on the platform and get to collaborate with other tutors.


Winuall provides a huge repository of questions and content for tutors that helps them to focus on teaching rather than taking effort on digitising. The company improves learning experience by leveraging AI to understand student learning patterns and accordingly suggests the best possible path for tutors using reinforcement learning. It also provides detailed analysis to tutors and suggests ways to better engage students.


For students, Winuall provides "state-of-the-art" analytics of their performance and solutions to enhance it. Students use the app to learn concepts, take quizzes, work on the recommendations provided by the app, and engage with their peers.


Founded by Ashwini Purohit, Winuall has on boarded more than 3700 coaching institutes across the country. Over 5000 tutors are already using the platform extensively to teach online, conduct quizzes, solve doubts, and sell their courses. Since the lockdown, the company has seen a massive increase in live class hours and over 50 Million minutes of learning has been delivered on Winuall's platform.


Coaching is a $80 billion industry in India and it is growing at 15% per annum. While self-paced education has witnessed a massive transformation in the last couple of years, the tutoring Industry has not evolved over the past few decades. COVID-19 has accelerated the digital transformation of the tutoring industry forcing individual tutors to adopt technology to increase their reach and teach with more advanced methods. According to a report by Technavio, the online tutoring market size in India has the potential to grow by $132.21 billion during 2020-2024 and about 2.5 million local tutors need to be upgraded technically.


Ashwini Purohit, CEO, Winuall, said - "We believe digital tools will become an integral part of the learning experience and evolve our education system in a massive way going forward. With the ongoing pandemic, this investment is a testament to how newer trends of online learning will emerge in the times to come. Our aim is to enable tutors in India to go digital and improve the quality of learning for students. We want to empower the tutors & coaching institutes to remain independent by building and retaining their own brand name through our platform."


Shripati Acharya, Managing Partner, Prime Venture Partners, said, "The tutoring market is at a significant inflection point, and there are a lot of tutors who want to manage their own student interactions and develop an independent identity. Winuall is facilitating this by helping tutors & coaching institutes to go digital, providing them with content and performance improvement recommendations using AI. Winuall is backed by an outstanding team with passionate founders who have a deep understanding of the tutoring and education space."


Teruhide Sato, Founder & Managing Partner, BEENEXT, said in a statement, "This pandemic has pushed start-ups across the globe to innovate. Edu-tech like many other sectors will play a crucial role in shaping and impacting a more digitally connected future. We are excited to back a passionate team like Winuall, who are looking to transform the educational system in the country. There is tremendous opportunity in the online tutoring market and we look forward to being a part of Winuall's journey to digitally-empower educators."

About Winuall

Winuall is an online education platform that helps coaching institutes go digital providing them with content and performance improvement recommendations using AI. The company provides software as a service platform to tutors on a subscription basis. It also enables tutors to sell their content and services to a broader audience and charge a small transaction fee on that.

For more information, please visit: winuall.com 


Edtech Startup Winuall Raises Second Round of Funding for Scaling up the Business


Bengaluru based ed-tech startup Winuall announced today that it has raised second round of funding to an undisclosed amount. This funding round was led by Ramakant Sharma, Cofounder - Livspace and Amit Lakhotia , Cofounder - Park+, ex-VP  PayTM Business. Other Investors include Akash Gehani (Cofounder, Instamojo), Abhinav Patwa (VP, Onsitego), and existing investors Ankit Bhati (Cofounder, Ola) and Nitin Gupta (Head of Engineering, Milkbasket).





With this new funding, Winuall plan to bring to more than 100,000 tutors & coaching classes under their ambit whose earning potentials has been badly hit due to pandemic. During the last few months, the Winuall team is helping thousands of solo tutors and coaching to go online to teach live and sell courses on the app. The company has achieved 10X growth with 70% month on month growth in both revenues and transactions achieving profitability overall. 





In the words of Ramakant Sharma, Co-founder, Livspace who lead this round of funding said, “Online education is not new in the year of 2020. Talking just about India, the market value of education is more than $100 billion, and it is expected to see a rise of double in under a decade. Hence, it is time for the tutors to come up on the web and explore the opportunities. ”





According Ashwini Purohit - Founder of Winuall, “Our SaaS business is already on the fast growth and profitability path. We aim to empower more than 100,000 tutors in the next 2-3 months to become the Shopify for tutors. 





He further added that we will continue to scale SaaS business and explore other levels of growth, such as providing tutors with an e-commerce store and financial aids. 





About Winuall





Winuall is an edtech startup that is working with the coaching institutes &solo tutors that focuses on learning methods & improving the performance of the students. It manages entire end-to-end operations with  inbuilt features that include live classes, insights about students performance & recommendations on the improvement,  Digital library to create test, home work  & daily practice assignments, online test & quizzes, fee collection & receipts, batch management & regular communication with parents about the coaching institute. 


AI-based Edtech Startup ‘Winuall' Raises Funding from OLA Co-Founder Ankit Bhati and other Angel Investors

Bangalore based Winuall, an edtech startup helping coachings in going digital,today announced that it had raised an undisclosed amount from Ankit Bhati Co-Founder of OLA, Nitin Gupta - Head of Eng, Milkbasket along with other angel investors. The startup will utilize the funds for expanding the business and curating more content providing an entire ecosystem for the coaching industry across India. Winuall recently launched live classes also which enables teachers to teach online.



According to Nitin Gupta, “Edtech industry is at an inflection point and is undergoing an enormous transformation since the outbreak of COVID. I believe what Winuall is building is precisely what this ecosystem needs – improving in-class learning through tech and AI. This opens up a huge opportunity for them to cater millions of students and create an ecosystem. They can help all coachings irrespective of their size and segment, and boost coaching’s brand by shining the spotlight on teachers rather than on technology."

[caption id="attachment_145558" align="alignright" width="300"] Ashwini Purohit[/caption]

Ashwini Purohit, Founder of Winuall, says, “While ed-tech space has seen many players transforming self-paced learning, there hasn’t been much impact on in-class learning, Winuall is looking to disrupt this space. Today, coaching classes are silent contributors to the Indian education ecosystem bridging an important gap that schools and colleges are struggling to fill. There are over 700k coaching’s across India, and not even 10% of them have moved digital. We are not only aiming to build business out by our SaaS platform, but also, aiming to create an entire eco-system of students where they can get financial aid,a marketplace where teachers and the institutes could offercourses and counseling to over 300 Mn+ students.”

He further added that investment at this critical juncture with the ongoing pandemic,it gives a picture of how edtech will reshape education in Indiaand how newer trends of online learning & distance education will emerge in the times to come.

Winuall was founded by Ashwini Purohit back in 2018 along with his team Abhinav Prakash

Aniket Prakash, Pratik Sahay & Harsha Ravi. With a presence across 50+ cities across India, this edtech startup has seen massive growth with over 3Mn+ minutes of learning in April with over 4Mn+ responses from both teachers & students providing in-depth analytics to both students, and teachers.


Winuall assists coaching institutes as well as educators to focus on the learning outcome of students. The startup facilitatescoaching institutes in going digital, providing them with high-quality contentand performance improvement recommendations using AI (Artificial Intelligence).

About Winuall


Winuall is an edtech startup that is working with the coaching institutes & educators that focuses on learning methods & improving the performance of the students. The app helps coachings in managing entire end-to-end operations with features like live classes, video-based course creation,online assessment, homework  & assignments, a digital library of questions, fee management, batch management, and communication with parents and students. 

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