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Edtech Start-up ‘Winuall’ raises fresh funds from Angel Investors

by StartUp Terminal Bureau
May 18, 2020
in Funding
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Edtech Start-up ‘Winuall’ raises fresh funds from Angel Investors
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Bengaluru, India, May 18, 2020- Edtech startup Winuall today
announced that it had raised an undisclosed amount of capital 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
contentproviding 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.”
  
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).

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