Inzpira raises Rs. 2.3 Cr in seed funding
AI-enabled edtech Inzpira recently raised Rs. 2.3 crores in seed funding led by angel investors Raj Nair and Gopinath Latpate. The round also saw participation from investors like Arvind Kapil (HDFC Bank), Yash Chamria (Piramal Capital), Naveen Raju (TIE Mumbai), Ajay Nayar (IBM), P Sreekumar, Vedika Thorat, Abdul Gafoor, Jyoti Rahul Devjani, Akshar Panchmia, Dipen Shah, Vikas Sisodiya, Manish Manoj, Mannan Manoj, Michael Samuel, Pankaj Ramachandran, and Roshan Ajitkumar.
The Kerala-based startup plans to utilise the capital raised to improve its platform, enhance its brand presence, and grow its user base.
Inzpira CEO and co-founder Rohith Namboothiri said, “Working professionals, despite realising the importance of attaining English language proficiency to advance in their career, simply cannot find time to join a program due to their busy work schedule and other commitments. At Inzpira, we are building a platform that provides on-demand live, individual language training where users can learn anytime according to their convenience, as easy as booking a cab or ordering food. We intend to revolutionise the language learning sector by giving both adults and kids an immersive learning experience by enabling them to practice and learn from hundreds of trainers.”
Founded in 2020 by Sruthy Ramesh and Rohith, Inzpira offers its users an AI-enabled platform wherein they get connected with a trainer to help them learn and practice the English language and soft skills.
Commenting on his investment, Raj Nair stated, “I have invested in Inzpira because I found that the promoters have a certain spark in them, besides a mature head on their shoulders. Most of all, they are playing in a large market that is underserved. There is also scope to add more value to customers through additional offerings in the future.”
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