Ola co-founder & other angel investors invest in AI-based Edtech Start-up ‘Winuall’
Bangalore based Winuall, an edtech startup helping coachings in going digital, today announced that it had raised an undisclosed amount from Ankit Bhati Co-Founder of OLA, Nitin Gupta - Head of Eng, Milkbasket along with other angel investors. The startup will utilize the funds for expanding the business and curating more content providing an entire ecosystem for the coaching industry across India. Winuall recently launched live classes also which enables teachers to teach online.
According to Nitin Gupta, “Edtech industry is at an inflection point and is undergoing an enormous transformation since the outbreak of COVID. I believe what Winuall is building is precisely what this ecosystem needs – improving in-class learning through tech and AI. This opens up a huge opportunity for them to cater millions of students and create an ecosystem. They can help all coachings irrespective of their size and segment, and boost coaching’s brand by shining the spotlight on teachers rather than on technology.”
Ashwini Purohit, Founder of Winuall, says, “While ed-tech space has seen many players transforming self-paced learning, there hasn’t been much impact on in-class learning, Winuall is looking to disrupt this space. Today, coaching classes are silent contributors to the Indian education ecosystem bridging an important gap that schools and colleges are struggling to fill. There are over 700k coaching’s across India, and not even 10% of them have moved digital. We are not only aiming to build business out by our SaaS platform, but also, aiming to create an entire eco-system of students where they can get financial aid,a marketplace where teachers and the institutes could offer courses and counseling to over 300 Mn+ students.”
He further added that investment at this critical juncture with the ongoing pandemic, it gives a picture of how edtech will reshape education in India and how newer trends of online learning & distance education will emerge in the times to come.
Winuall was founded by Ashwini Purohit back in 2018 along with his team Abhinav Prakash.
Aniket Prakash, Pratik Sahay & Harsha Ravi. With a presence across 50+ cities across India, this edtech startup has seen massive growth with over 3Mn+ minutes of learning in April with over 4Mn+ responses from both teachers & students providing in-depth analytics to both students, and teachers.
Winuall assists coaching institutes as well as educators to focus on the learning outcome of students. The startup facilitates coaching institutes in going digital, providing them with high-quality content and performance improvement recommendations using AI (Artificial Intelligence).
Winuall is an edtech startup that is working with the coaching institutes & educators that focuses on learning methods & improving the performance of the students. The app helps coachings in managing entire end-to-end operations with features like live classes, video-based course creation, online assessment, homework & assignments, a digital library of questions, fee management, batch management, and communication with parents and students.
In 2018, male founders brought in $109.36 billion in VC, while female founders only brought in $2.86 billion in VC.
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