Funding Alert

Vernacular e-learning platform Vidyakul raises $500K from We Founder Circle, others


Startup investment platform We Founder Circle (WFC) has led an investment of $500,000 in Vidyakul, a vernacular after-school e-learning platform. The Bridge round also saw participation from other investors including JITO Angel Network and Thinkuvate. Vidyakul is aimed at providing after-school e-learning for the state board students in vernacular languages. The platform understands that education is best delivered when in one’s own language. The edtech startup is currently delivering education in four languages and has already enabled the same for 10 lakh students from 10 states.

Vidyakul has attracted investors from Gujarat, who appreciated that despite the pandemic, the brand has strived to serve more than two lakh students from the region alone through its platform. Gaurav Singhvi, Co-founder, We Founder Circle, who is based in the Gujarat region said, “We have started helping Vidyakul since 2019, and have invested $100,000 in January 2021 as we were very bullish on vernacular e-learning consumer growth. Since the startup launched the Gujarati language sessions after starting with Hindi, a lot of our investors and local business community were keen to actively work with them. That is how with overwhelming demand from the Gujarati community we are able to reinvest $250,000 in this round again.”

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“Rural education in India has been the prime focus of the government. Vidyakul majorly focuses on the BHARAT region with a huge content bank of over 100,000 video lectures covering 10+ state boards across Maths and Science. We at JITO Angel Network are proud to be part of Vidyakul and are very confident that the founders will lead the company to great heights,” said Sunil Kumar Singhvi, Vice Chairman, JITO Angel Network.

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