Edtech startup Genius Corner raises ₹2 crore in angel funding for expansion and ML implementation

Must Read

Howdy, Modi! : World media reactions on Modi-Trump’ grand Houston Event address

New Delhi, Sep 23: United States President Donald Trump and Indian Prime Minister Narendra Modi on late Sunday shared...

Howdy Modi : Modi-Trump mark history in US-India relationship with great show at Houston

Houston, Sep 22:  Modi, delivering his speech at the historic event, talks about the development underwent over five years...

ECI announces dates of Maharashtra & Haryana elections; Single Phase Election on October 21; Result on 24th

Election Commission of India has announced the dates of much-awaited state elections. According to the Chief Election Commissioner, Sunil...

Noida-based edtech startup Genius Corner has raised ₹2 crore in an angel funding round from Ranbir Singh, Mahesh Mohta and Lakshmikantan Sundereswaran, avid equity investors. Other investors with a technology background who participated in the round included Dipak Varshney and Puneet Garg.

The funds raised will be used to implement machine learning, grow footprint across India, and boost product development.

Genius Corner was launched by Vishal Khatter, an IIM alumnus, Dheeraj Khatter, an NIT graduate, and Samrat Chauhan, an IIT Kharagpur graduate, in 2014. The startup is aimed at providing a personalised learning experience for students by leveraging artificial intelligence and machine learning.

The edtech startup works with a number leading schools and institutions across the country, helping more than 50,000 students. Genius Corner is working with SRS International School, G.D Goenka School, Springdales School, and Montfort.

Commenting on the fundraising, Vishal Khattar, co-founder of Genius Corner, said,“ This funding is a significant milestone in allowing us to expand the business, strengthen development and create value in the market with new feature. Our focus will always be to assure our students to get the highest quality, along with reliability & accountability. We will be utilising the funding to implement the Machine Learning and grow Genius corner footprints at PAN India level.”

Talking about the investment, Mr Dipak Varshney said, “Artificial Intelligence-based personalized learning will bring wonderful benefits to the Students and educational institute. We need to revolutionise the way our nation approaches education and Genies Corner provides that strongly integrated experience with their core intent being on skill development and learning. I firmly believe that this product is uniquely positioned to make a powerful change in learning outcomes, in India and globally.”

According to an IBEF report, the education sector in India is expected to reach $101 billion by FY19, from $91 billion in FY18. There is a significant opportunity for growth in the sector and the boost from the government is set to further excite the growing number of startups.

Other players in the broader edtech segment helping the Indian students include Byju’s, Unacademy, Toppr, Simplilearn, and Vedantu, among many others.

Here is a list of top edtech startup across various domains in India.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

- Advertisement -

Latest News

Amala Paul overwhelmed on working in Telugu version of Netflix’s Lust Stories

Amala Paul is a well established name in the Telugu cinema who is known for her work in successful...

‘Syria offensive to resume if Kurds don’t withdraw’

Ankara, Oct 22 (IANS) Turkey has threatened to resume its offensive on the northern Syrian border if Kurdish militias do not clear the area...

Federer celebrates match No. 1500 with a win

Basel (Switzerland), Oct 22 (IANS) Roger Federer registered a commanding straight sets victory over German qualifier Peter Gojowczyk in what was the Swiss legend's...

Happy with SC order, manufactured apprehensions laid to rest: Anirudh Chaudhry

By Baidurjo BhoseNew Delhi, Oct 22 (IANS) Hearing the BCCI matter, the Supreme Court bench comprising Justices S.A. Bobde and L. Nageswara Rao on...

Election Commission: Bypolls to 51 assembly seats and two Lok Sabha seats in 18 states witness 57 percent voting turnout

In the by-polls of Monday, the states witnessed a moderate turnout of around 57 percent. Bypolls to 51 assembly seats and two Lok Sabha...
- Advertisement -

More Articles Like This