Tuesday, May 21, 2024
HomeEdTech MarketB2B-Focused EdTech Startup Saarthi Pedagogy Raises INR 10 Cr

B2B-Focused EdTech Startup Saarthi Pedagogy Raises INR 10 Cr

-

India’s fastest-growing pedagogy company providing an edge to deliver quality education across all major boards, Saarthi Pedagogy has recently announced that it has raised INR 10 crore from venture capital firm GVFL Limited, marking the final close of its Pre-Series A round at $3.7 million (around INR 30 crore).

The round was also joined by Prestige Group subsidiary Pinnacle Investments. With this fundraising, the Ahmedabad-based startup plans to work for product enhancement, the ramp-up of the technology team, content creation, and expansion of the sales footprint.

Speaking about the company, Founder & CEO of Saarthi Pedagogy, Sushil Agrawal, said:

“We are laser-focused on solving the problem of 4.5 lakh budget schools that charge a fee between Rs 15,000 – 45,000. These are schools where affordability is a major concern and students are extremely value conscious, but they also require a tech-driven learning solution to make a meaningful difference in their student’s learning outcomes.”

Started by Sushil Agarwal in 2018, Saarthi Pedagogy provides learning management solutions for educational institutions to identify improvements in students’ learning outcomes. The platform also offers to personalize and bring ease to the teaching and learning experiences based on the learner’s needs. The company’s mission is to empower schools technologically to bridge the learning gap and attain rote-free learning outcomes.

Earlier this year, the EdTech company launched its revamped technology platform that enables educational institutions to identify improvements in the learning outcomes of all students. The updated technology platform has been well received, and it now allows school administrators to track the progress of each student and teacher, the company said in a statement.

Kamal Bansal, Managing Director, GVFL, said:

India’s edtech market, which was valued at USD 2.8 billion in 2020, is projected to expand at a CAGR (compound annual growth rate) of 39 per cent and reach USD 10 billion by 2025, with K-12 learning solutions accounting for 41 per cent of the total market size. It gives us immense pleasure to join hands with Saarthi which bridges the gap between grades and knowledge and delivers an end-to-end solution for schools, teachers, and students, as opposed to point solutions available in the current edtech industry

Last year in March, Saarthi Pedagogy raised about $2.1 million (INR 16 crore) as a part of its Pre-Series A funding round led by Pinnacle Investments. Prior to that, it had raised $943,000 (INR 7 crore). The funding round was led by Ecosystem Ventures, with participation from other investors, including LetsVenture, JITO Angel Network, and other marquee angels. The startup’s latest investment brings its total raised to $4.7 million.

For regular updates about Moodle, eLearning and edtech industry, please visit us regularly at https://lmsdaily.com. You can also like us on Facebook or follow us on Twitter.

How to use Moodle Book

 
Jaswinder Singh
Jaswinder Singhhttps://lmsdaily.com
I am an experienced Moodle Professional with experience in Moodle Course Creation, Moodle Setup, Moodle Integration, Moodle Training, Moodle Support & troubleshooting. YI am the author of popular books - "How to use Moodle 4.1" and "how to use Moodle 2.7". I work with one goal in mind “CUSTOMER SATISFACTION” – whether this means working to achieve results within a specific deadline (or beating the deadline), or with a focus on solid quality, if my client requires the job to be done I will go out of my way to achieving whatever it is that is necessary to do so. Basically, I can take care of your all Moodle requirements so that you can focus on your core job and I will manage your Moodle LMS.

1 COMMENT

LEAVE A REPLY

Please enter your comment!
Please enter your name here

- Advertisment -spot_img

Popular Posts

Supercharge your Moodle course with quick links using Course Extra UI plugin

Moodle is a powerful learning management system with plethora of customization options. The vast collection of free Moodle plugins allows Moodle LMS to meet...

Mexico based HRTech Worky Raises $6M in Series A Round Funding

Worky, an all-in-one HR and payroll software solution for Mexican companies, has secured a significant boost with a successful $6 million Series A round...

Propelld’s NBFC Edgro Raises $25M Debt funding to Expand Its Offerings

Propelld, a financial technology startup that empowers student education loans, has successfully secured a substantial $25 million in debt funding for its wholly-owned NBFC...