Devalaya Elearn Secures Rs 1 Cr Angel Funding from Zero To One Fund

• ByStartupStory     |    February 18, 2023

Zero To One Fund, an angel network focused on investing in innovative technology-based ideas, has provided angel funding of Rs 1 crore to Devalaya Elearn, a startup focused on skill education. This investment aligns with Zero To One Fund’s investment thesis and supports its commitment to fostering technological advancements in the startup ecosystem. 

According to Dheeraj Sharma, Co-founder of Devalaya Elearn, the recently secured funding of Rs 1 crore from Zero To One Fund will enable the skill education startup to expand its operations across India. The funds will be allocated towards establishing schools of excellence for students, teachers, and school management, with the aim of onboarding one million students in the first year of operation. This investment will support the startup’s growth plans and enhance its ability to provide quality education and training.

Devalaya Elearn is set to offer a range of hybrid programs aimed at enhancing education and training outcomes. These programs include skill education, counselling, teacher training, digital platform support, and exam-oriented guidance programs.

Additionally, the startup will provide a School Leadership Program for school directors and principals to promote effective management and coordination. This comprehensive offering is designed to deliver high-quality education and training and positions Devalaya Elearn as a leader in the education technology space.

Praveen Kaushik, Director of Zero One Fund, has emphasized the potential of skill education to drive early-age capacity building and revolutionize the education landscape. He believes that Devalaya Elearn’s Skill Enrichment Program, in line with the recommendations of the National Education Policy, will play a critical role in the successful implementation of NEP 2020 at scale.

 The startup’s comprehensive range of programs will empower students, teachers, and school management, and position them to excel in the rapidly evolving digital economy.

Follow Startup Story