EduGorilla, an EdTech company, has raised Rs 16.5 crores in a new round of funding led by SucSEED Indovation Fund. They were joined by Lead Angels Fund, Ah Ventures, Mumbai Angels, TiE India, VG Angels, and WeFounderCircle.
Ambrish Jain, the former COO of Vodafone, Vivek Chachra, the Director of Sales at Harvard Business Publications, Vineet Singh, the Director of Infant Nutrition at Nestle, and Rohit Sathe were among the angel investors who took part in the investment round (VP Philips).
By April 2023, the additional funding will be used to launch 200 more video courses in additional vernacular languages, as well as expand content into nine additional languages. It will also be used to improve the AI and machine learning-powered platform, increase the number of coaching partners from 3,000 to 15,000, and increase student success rates from 14x to 25x.