EduGorilla, an EdTech business, has raised Rs 16.5 crores in a new funding round that was spearheaded by SucSEED Indovation Fund. Lead Angels Fund, Mumbai Angels, TiE India, VG Angels, WeFounderCircle, and Ah Ventures also took part.
The funding round was also attended by angel investors such as Ambrish Jain (ex-COO of Vodafone), Vivek Chachra (Director Sales of Harvard Business Publication), Vineet Singh (Director- Infant Nutrition at Nestle), and Rohit Sathe (VP Philips).
The new funding will be used to expand content into nine vernacular languages by April 2023, hone its AI and ML-based platform to increase student success rates from 14x to 25x, increase coaching partners from 3,000 to 15,000, and launch 200 more video courses in various vernacular languages.
