Lucknow, India-based EdTech startup EduGorilla has raised US$ 0.72M led in a seed funding round held in September 2020. It was led by Auxano Entrepreneur Fund along with a group of angel investors including SucSEED Venture Partners, Pune Angels, Hem Angels, and VG Angels.
Proceeds from the funding round will be used by EduGorilla to enhance its marketing and sales efforts to meet the demands presented by the recent upsurge in users.
Founded in 2016 by Rohit Manglik, EduGorilla is a edtech startup which offers the latest information on exams, tutoring, schools, test series, study material, etc. It also helps students in securing admission in coaching Institutes, find appropriate details related to exams, remain up to date with news, kickstart exam preparation among many more such features.
Members of the EduGorilla community enjoy many benefits such as:
1. Students can hunt and discover the best Institute in their neighborhood (57,132 profiled coaching centres and 840,231 schools)
2. Get access to a vast collection of study material (70K+ study materials)
3. A medium where students, Institutes, and counselors can openly collaborate, discuss academic questions and share their thoughts and opinions (1M+ topics and more than 10K engagements per day)
4. Be up to date with the latest changes in the education sector along with curated content from thousands of websites and articles on all the major exams, courses, coaching, etc.(30,239 plus articles)
5. Identify and analyze from a huge repository of careers (200+ careers evaluated to date on EduGorilla)
The platform is not just confined to the English language but includes various other regional languages of India. EduGorilla has developed an AI-driven demand and prediction algorithm to analyze the effective profitability of various competitive examinations that are given by its students. The EdTech startup is also present in cities like Delhi, Jaipur, Indore, and Ahmedabad.
Its goal is to reach 0.6-0.7 million daily users from the present figure of 70K. It also aims to create content for over 3K competitive examinations in nine vernacular languages with the help of fresh capital.
About Auxano Entrepreneur Fund
Auxano Entrepreneur Fund is a Gurugram, India-based venture capital firm that was founded in 2016 by Brijesh Damodaran with a vision of promoting entrepreneurship, innovation, and growth. It provides a systematic process of investing in businesses to investors. It is backed by founders focused on solving problems and building sustainable business models. Auxano offers focus, depth and tactics to entrepreneurs to enable them to build and develop their businesses.
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