Bengaluru and Mumbai-based learning and community platform FrontRow has said that it has secured $14 million in Eight Roads Ventures and GSV led series A funding round. Existing investors including Lightspeed and Elevation Capital along with angel investors participated in the funding round.
Akshay Bhushan, Partner at Lightspeed, commented, “FrontRow is the pioneer of the passion economy in India, powering skills, knowledge and giving life to the aspirations of potential hundreds of millions of students across the country from all walks of life. We’re proud to have partnered with the FrontRow team since their inception and are excited about the next phase of execution of the FrontRow vision this round unlocks.”
Aditya Systla, Partner at Eight Roads Ventures, added, “As investors, we’ve been a big champion of the role technology will play in disrupting multiple sectors, including education. We believe the market is highly under-served with strong secular trends in digital adoption of non-academic learning driven by limited availability of qualified instructors, flexibility in scheduling and lack of access to structured curriculum. Ishaan, Mikhil Shubhadit, and the team at FrontRow have taken the ‘pursuit of passion’ digital, at a time when few others have in India. We are very excited to back one of the market leading companies focused on non-academic learning.”
Chirag Chadha, Vice President of Elevation Capital, stated, “Frontrow has uncovered a unique approach to go after its mission of enabling Indians to learn and follow their passion. As Day 0 investors in the company, we have been amazed to see the response and love for the product, and the way in which the team has iterated to make this happen. This makes us super excited to extend our commitment in this round.”
Arya has been a part of the Content & Research Team at Hrnxt.com. She is a keen observer of economic developments, emerging businesses, people in business and keeps a tab on latest happenings in the business environment.