Former Google, Intuit execs back edtech startup AttainU
Bengaluru-based e-learning platform AttainU has raised an undisclosed amount in angel funding from former Google India head Shailesh Rao, ex-Intuit India head Nikhil Rungta and entrepreneurs Anil Gelra and Manish Kumar.
The edtech startup will use the funding to improve courses, faculty strength and develop a semi-automated platform to service an increasing number of student clientele, it said in a statement.
The company has been able to figure out certain deep-rooted learning processes complemented by an understanding of human psychology over the last 10 months, according to co-founder and IIT-Bombay alumnus Divyam Goel.
“At this point, we are receiving double-digit thousand student applications every month and are very excited about the scale of impact we will be able to deliver through our tech-first approach,” Goel added.
Goel and Vaibhav Bajpai co-founded AttainU in 2018. Prior to that, Goel worked with Microsoft, Uber and Google. Bajpai was a founding member at GeekforGeeks, a computer science interview preparation platform.
Touted as an alternative to conventional college education, AttainU currently offers 7-month long software engineering courses online, catering to learners with or without any coding knowledge, according to the company.
The programme offers a deferred fee payment option that is conditional to the learners’ employment after the course apart from a one-time fee payment option before the course.
Recent edtech funding deals
Hyderabad-based edtech startup 3rdFlix raised $5 million in a pre-Series A round of funding, led by Bengaluru-based technology-focused venture capital firm Exfinity Ventures.
Bengaluru-based online tutoring startup Vedantu raised $42 million in a Series C round, led by existing investor Tiger Global and new investor Westbridge Capital.
Noida-based AdmitKard, which digitises the admission process, raised $1 million in a pre-Series A funding round, led by Australia-based edtech fund Growth DNA and other investors.
US-based impact investment firm Gray Matters Capital invested an undisclosed amount in Delhi-based career counselling platform iDreamCareer.