Swiflearn, a Gurugram-based e-learning startup, announced that it has raised seed funding from Stellaris Venture Partners and Venture Highway, with participation from Utsav Somani, Founder of AngelList India, according to YourStory report.
The founding team will be guided by Rahul Choudhary and Priya Mohan, who represent Stellaris and Venture Highway respectively. Financial details of the financing round remain undisclosed.
The company will utilise the current financing to boost expansion. It aims to become a respected learning platform for K-10 students looking for personalised learning for their school studies and competitive exams. The platform also supports teachers by leveraging technology.
The company was founded in 2019 by Abhinav Agarwal and Anand Bakode. Abhinav graduated from IIT-Bombay in 2012 and has worked in McKinsey and also founded Doormint. Anand graduated from IIT-Bombay in 2013 and has worked in OLA and Doormint.
Commenting on the startup, Abhinav Agarwal, co-Founder of Swiflearn, said, “The focus is on personal learning and hence our batches are never more than five students. It ensures personal attention for each student from the teacher, enabling every student to ask doubts freely during the class. The classes are a two-way interactive format and teachers use in-house developed content, pedagogy, testing tools, and learning tracking mechanisms. Parents receive timely updates about their child’s class participation, homework completion and learning progress. They also get to work on designed practice tests. The classes mirror school schedules for the maximum benefit of students.”
“Teachers are at the heart of what we do at Swiflearn. They are selected through a rigorous selection process. The in-house team dedicates a lot of time on teacher training, capability building, orientation on using technology tools to deliver engaging online classes as well as to track students’ learning from technology. Our support in terms of content, lesson plans, assessments, tests, training, scheduling removes all the overhead work burdens of teachers and reduces the barrier for someone to become a great teacher and deliver great classes. We see this as a respectable, long-term income stream opportunity for many people, especially current school teachers, tutors, homemakers, and fresh graduates,” adds Anand Bakode.
The Swiflearn team is in the growth stage right now with around 40 full-time members working across content development, technology, product, business development, operations, marketing, and teacher excellence.
Swiflearn’s core team members are graduates from IIT Bombay and IIT Delhi, having secured top ranks in IIT-JEE, scholars of NTSE and national olympiads with a combined work experience of 40+ years. They have deep experience in top tier consulting, education, technology, entrepreneurship and learning models.
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