Delhi-based, edutech startup, Cue Learn has raised an undisclosed amount from former Managing Director of Canaan Partners, Alok Mittal. The startup is a portfolio company of Unitus Seed Fund, which earlier led the seed round investment in the company.
Cue Learn has plans to expand operations across India to reach 25,000 teachers and around half a million students in next three years, with an aim to reach 1,000 teachers within an year.
Cue Learn was formed by Manan Khurma and Jagjit Khurma in 2013. The startup provides after-school math learning (tuition) solutions among K8 students. The startup uses unique combination of paper-based worksheets, tablet-based interactive learning technology and skilled instructors resulting in high level of student engagement.
CEO and Co-Founder of CueLearn, Manan Khurma said, “CueLearn is enabling homemakers and other non-working individuals to become at-home educator-entrepreneurs by adopting our revolutionary tech-driven learning systems.” The startup claims that these micro-franchisees can earn upto $310 (INR 20,000) in a month while working for few hours in a week.
CueLearn’s flagship product, CueMath, is an approach to make math learning delightful by engaging students through experiential learning. Unlike traditional classroom-based tuition providers, Cue Learn is capital efficient and highly scalable, enabling rapid growth from Tier I, metro cities to the smallest rural village.
Former MD of Canaan Partner, Alok Mittal, said, “After-school learning space in India as the opportunity is immense, with no real market leaders at present. CueLearn’s approach to this problem is a business model that is asset-light and extremely scalable, while ensuring high-quality academic delivery.” Alok is an active angel investor and co-founder of Indian Angel Network and Indifi.
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