DebugsBunny, the Edu-tech platform that teaches K-12 students coding and programming, announced that it has completed a Rs 1.4 cr angel funding led by India Angel Fund.
The funding will be utilised to expand its reach as well as broaden and accelerate in Tier 2-3 cities and build a roadmap for the new markets.
Commenting on this funding, Rahul Narvekar and Narendra Firodia, from India Angel Funds said, “DebugsBunny’s offering is well-timed with the rapidly increasing demand for online coding classes. And, I’m impressed how team is focused on Bharat and NOT just India and the way they are planning its market expansion where the major potential lies.”
“Information asymmetry has been the core problem with quality education in India. Students lack the resources and knowledge of the available resources in neo-middle class families. We are trying to solve this problem by trying to reach out to every last student through our platform. Offering quality education at a very affordable cost has been our core philosophy. With the same focus and momentum, we plan to increase our student base to 1 lakh in the next six months with a major focus on Tier-2 cities,” said Sumit Singare, CEO, DebugsBunny.
“Most of their students are from tier 2 and tier 3 towns of India. With a special focus on this market, they are strengthening their foothold with their aggressive plans. The full equipped digital labs which they have set up in these places have helped them garner a good response,” the release said.
“As an industry, we’re just scratching the surface. 65% of the Indian population live outside Tier 1 cities and 90% of Indian HHs don’t have a personal computer. With our inclusive approach, we are not just spreading awareness about the importance of coding as a part of early education, but we are also bridging the infrastructure gap. At present we are operating in 11 states and in next six months, we plan to operate in 26 states,” said Nilesh Borole, CTO & Co-founder, DebugsBunny.
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