Bengaluru-based Kuzagan Technologies, which runs edtech startup Winuall, has raised $2 million (Rs 14.7 crore) from Prime Venture Partners, BEENEXT, Ramakant Sharma -- founder of LivSpace and other angel investors.
The startup plans to use the capital to enhance product capabilities and hire across technology, product, artificial intelligence (AI) and business development teams, according to a statement.
Founded in 2019 by Ashwini Purohit, Abhinav Prakash, Aniket Prakash, Pratik Sahay and Harsha Ravi, Winuall helps coaching institutes and educators digitise their operations. It provides tools for class scheduling, batch management, attendance, live classes and online quizzes.
With the fresh capital, Winuall also aims to add more than 20,000 coaching institutes and serve more than three million students by the end of 2021.
The company had raised an undisclosed amount in an ongoing seed funding round from a clutch of angel investors in August.
In May, Winuall secured an undisclosed amount in a round led by Ankit Bhati, co-founder of cab aggregator Ola, and Nitin Gupta, head of engineering at grocery delivery platform Milkbasket.
“The tutoring market is at a significant inflection point, and there are a lot of tutors who want to manage their own student interactions and develop an independent identity. Winuall is facilitating this by helping tutors and coaching institutes to go digital, providing them with content and performance improvement recommendations using AI,” Shripati Acharya, managing partner at Prime Venture Partners said.