E-learning SaaS Startup Languify secures $180K in seed funding
- ByStartupStory | August 8, 2022
Languify, a B2B SaaS company has secured $180,000 in a seed round guided by Titan Capital, the VC arm of Rohit Bansal as well as Kunal Bahl, Smile group led by Manish & Ramit Arora, Goel family fund headed by Hitesh Bindal, Pawan & Vishwas Goel, Alsisar Impact led by Anuj Sharma, CIIE led by Chintan Bakshi, Sethu Raman, CEO at Bewise, Anand Lakra, Partner at JS, Mridula Chettri, CEO of Inmovidutech. In addition, Sourabh Chourasia and Arjun Mallya took part in the round.
The funds will also be utilized to create the company’s core staff, as well as for product development and expansion, to realize the 1.5 million USD in LOIs produced. Languify was launched in January 2021 by Lokap, Shivam, & Mohak Sahu as an IIT-Bombay-based firm attempting to tackle the problem of a lack of customized connection between students and professors. They received assistance from their college lecturer, Parag Bhargava, now a mentor and essential member of the firm.
Lokap Sahu stated, “With the funding obtained, we are looking forward to expanding our team and scaling our technology to the finest.” We are also excited about gaining early traction, revenue, and growing the product.”
“Team Languify’ being driven by such an enthusiastic leader with a profoundly involved team made me incredibly enthusiastic to be a part of it,” says Sethu Raman, CEO of Bewise. Their approach to gradual modification and improved learning behavior is unique. Indeed, their desire to help individuals better their communication abilities inspired me to trust in this useful product.”
Businesses generate more income and save more money with Languify, resulting in 1.5 million USD LOIs and an extensive network of clients (73 MoUs signed) eager to minimize expenses while boosting the value proposition of their product. Languify has deployed with Apli, Skilledge, Cipher School, and others, and is in discussions with UpGrad, Harappa, and others to integrate the application. The Languify team is searching for additional money to develop and grow more quickly.
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