EdTech Startup Knorish Raises $1.1M In Pre-Series A Round Led By Inflection Point Ventures
- ByStartupStory | July 27, 2021
Delhi-based online course creation platform, Knorish, has raised $1.1 million in a pre-Series A round of funding led by Inflection Point Ventures, along with participation from Rockstud Capital, Pentathlon Ventures, Prophetic Ventures syndicate, among others. The latest round comes closely after a $323,000 round in June last year, bringing the total amount raised to $1.4 million, Knorish said in a statement. Knorish established by Kinner N Sachdev and Rakhi Wadhwa. It enables coaches, instructors, and organisations to build and launch online academies with sales funnels and automation. In less than a year, the platform already supports over 22,000 academies across 200 domains and half-a-million monthly active users buying courses from over 37 countries.
The funds raised will be utilised to empower the startup to create the world’s most advanced stack for building sales funnels and automations for Online Academies, it added. “Coaches and instructors are good at teaching, but they struggle to sell. With Knorish’s Funnel builder, over 90 percent of content sellers are able to cross $1,000 within the first few months of launching their first funnel,” added Kinner N Sacchdev, Co-founder and CEO, Knorish.
“Post-COVID-19, it is no longer just an option but a necessity for anyone looking to build a course and reach out to its target segment, to be present online and be able to have the right tools to scale. Knorish has created a platform that not only helps in building one’s course online but also be able to sell it to its target audience and have all the analytics to review performance,” said Abhishek Agarwal, Managing Partner of Rockstud Capital.
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