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Eduncle posted an Article
October 29, 2021 • 2:20 pm

Funding Alert - Eduncle is raising $ 500K in Pre-Series A Round from ah! Ventures, KareKeBa Ventures & Others.

Eduncle is raising USD 500K out of USD 750K in Pre-Series A Round Led by ah! Ventures Angel Platform, Joined by KareKeBa Ventures and Other Angel Platforms

 

 

Today is an important day for Eduncle, a Kota-based EdTech Startup. We started with the mission to provide a Holistic Learning Platform for Higher Education, and today we have reached a significant milestone towards achieving that goal. We are delighted to unveil that we are raising USD 500K (INR 3.7 Crores) out of USD 750K (INR 5.5 Crores) in Pre-Series A Round led by ah! Ventures, joined by KareKeBa Ventures and Other Angel Platforms. We further plan to raise an additional USD 250K (INR 1.8 Crores) in the current round, with more venture partners' joining soon. 

Earlier, we raised our seed funding of USD 150K (INR 1.1 Crores) from Angel Investors – Mr. Supreet Vijay and Mr. Ankit Vijay in March 2019. Now with this great early investment, we are taking a leap towards touching new heights as an Ed-Tech Start-up by bringing the new era of digital learning to India. We believe this is just the beginning, and there's a lot more to come.

 

 

Eduncle Co - Founders
Eduncle Co - Founders

 

 

"The funding round will help us achieve our expansion objectives. We will use the funds to develop new products for additional exams, start live classes, and significantly improve our technology. We plan to further enhance Eduncle's doubt solving capabilities with Artificial intelligence and machine learning.", said Arpit Pareek, Co-Founder & COO at Eduncle.

We have already witnessed more than 7.3 Crores visitors with 33 Lac+ registered learners. As we face a significant increase in our student base, paid subscribers, successful students, and revenues, we understand the burning need for quality education in India.

 

 

Eduncle, a Kota-based EdTech Startup founded in 2016 to provide a Holistic Learning Platform for Higher Education, has today reached a significant milestone towards achieving that goal.
Problems Faced by Higher Education Aspirants in India

 

 

Eduncle is bringing Quality Education at Affordable Prices to every door step of India:    33,00,000+ Students Benefited from Eduncle Free Learning Platform 2,50,000+ Minutes of Video and Academic Content 95,000+ Active Users on Eduncle Doubt Solution App 500+ Subject Matter Experts and Tutors
Eduncle Providing Quality Education at Every Door Step of India

 

 

Eduncle have 200+ students in the top 100 AIRs – higher than any other institute. Eduncle have 4000+ selections in various examinations and a selection ratio of 13%, which is more than double the Selection Ratio compared to the overall exam results
Eduncle Results & Success Story

 

 

After achieving more than INR 27 Crores revenues and 45,000+ paid subscribers since inception, we have 200+ students in the top 100 AIRs – higher than any other institute. With 4000+ selections in various examinations and a selection ratio of 13%, which is more than double the Selection Ratio compared to the overall exam results. We are Continuously bridging the gap between Quality Education and Needy Students. 

In 2016, Dr. Amit Pareek, Founder & CEO, Eduncle, started this family with a small team of 5 people to empower students with the power of knowledge. To build their concepts so that they can lead in their exams, career, and lives. And going ahead on this journey for providing barrier-free education, Eduncle is now an ever-growing organization with close to 150 employees, 65 top faculties, and more than 500 tutors working 24*7 to accomplish this mission.

Every person at Eduncle family worked together diligently and tirelessly in order to achieve this milestone, they have all pushed their limits to grow Eduncle Leaps and Bounds. We couldn’t be more thankful to all our Charismatic Leaders and want to show our gratitude towards Chandraprakash Kalwar, Rahul Jain, Shweta Gupta, Anurag Shreshthi, Anirudh Sharma, Chetan Jain, and the whole Eduncle Family for their continuous hard work and support. 

 

Eduncle Team

 

 

Eduncle Team
Eduncle Family

 

 

As Harshit Goyal, Co-Founder & Head of Products, Eduncle, said, "The Holistic learning Platform of Eduncle is one of a kind in the league of Ed-Tech Apps. It's not just unique but highly scalable as well. Our learning platform provides end-to-end test preparation for higher education with benefits such as - Live Classes, Video Lectures, Printed material, E-Learning, Automated Doubt Solutions, and Test Series combined with personalized 1on1 Mentorship sessions."

Here at Eduncle, we understand & acknowledge the difficulties faced by aspirants of Higher Education in India. And hence we are proud to provide as much assistance as possible. We try our level best to give students what they need the most- guidance and personalised mentorship. It’s our constant and at most priority to make education exam oriented and stress-free for students. 

 

 

Eduncle Success story: selected students in higher Exams.
Eduncle Toppers

 

 

We have been recognized by Higher Education Review as “Top 10 Promising Digital Learning Portals in India” and as “The 10 Booming EdTech Startups to Watch” by Insights Success in 2018. With More than 1,00,000+ Downloads of Eduncle Doubt Solving Mobile App we aim to improve learning experience with the help of AI to understand student learning patterns better and making Eduncle a one-step Solution to all the problems faced by any Higher Education Aspirant in India.

 

Join Eduncle on its path to start your #LifeKiTaiyari today.

 

Thank You!!

 

 

Head Office :
MPA 44, 2nd floor, Rangbari Main Road,
Mahaveer Nagar II, Kota (Raj.) – 324005

Corporate Office:
212, F-1, 2nd Floor, Evershine Tower,
Amrapali Marg,
Vaishali Nagar, Jaipur (Raj.) – 302021

Mail: info@eduncle.com
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