Edtech platform Student Ink raises funding from We Founder Circle
- ByStartupStory | September 22, 2022
Student Ink, an edtech platform, has secured an undisclosed seed round through its accelerator program, EvolveX, from investor We Founder Circle (WFC).
WFC participated in the fundraising round and has been working with other key angels to improve the company’s efficiency and productivity. The funding came from We Founder Circle’s global accelerator program EvolveX.
Nihar Sheth, Jayraj Jadeja, and Kevin Ritter launched Student Ink, which gives students UI/UX-like social networking with curated and curriculum-specific instructional material to minimize the amount of time they spend online surfing.
“We sincerely appreciate our lead investor WFC’s and all other investors’ faith in our model and concept. The investment will pay off and contribute to the hyper growth of our business, allowing us to scale our platform more rapidly. Our business model is already profitable, and with such strategic angels on board, we intend to achieve our ambition of disrupting the industry at an accelerated pace,” said Nihar Sheth, co-founder, and CEO of Student Ink.
The company said that it would utilize the funding to rapidly grow its platform.
Student Ink has over 300 schools, over 6,000 instructors, and over 1.6 lakh users. It provides more than 600 courses on its site and has successfully obtained an average engagement duration of 22 minutes from youngsters in 14 Indian states.
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