Company Name : EduRev
Funding Amount : Undisclosed
Investor(s) Jaarvis Accelerator . .
Funding Round : Seed round
Gurgaon based educational startup EduRev has raised an undisclosed amount of seed funding from Singapore based Jaarvis Accelerator.
Kunaal Satija, founder, EduRev, said, “With the funds raised we are getting teachers and courses for K12, competitive exams and some of the college courses as well. Our target is to touch 200+ courses with one million registered users in 2016. By February we will be also launching a customized Tab with the backend of EduRev.”
The company claims to have received more than 100,000 views every month. EduRev is currently focusing on growing the network in an organic way and further build up the platform.
EduRev institutes to make a transition from a complete offline mode to an online one. Tools for hosting online courses, testing platform and analysis of students are provided to improve efficiency, reduce cost and earn more profits by leveraging technology and internet.
EduRev is presently running a pilot with 2 major institutes in North India with more than 600 paying students.