It functions on a hybrid model which combines digital content and aggregates un-branded tutors for personalised learning for students. The content includes notes, sample question papers, videos, and ebooks. Students can opt for home tutors as well. It has also introduced a game based learning module – NABUmania.
The funding will be used to build technology, expand its team, and for scaling marketing strategies. Ali Asgar Kagzi, co-founder, Genext Students said, “The funds will be used to accelerate product technology development and enhance our marketing efforts.”
The investor, 1Crowd is a sector-agonistic platform that co-invests and engages with portfolio companies in areas of organisation building, strategy, sales and marketing. It works with both B2B and B2C startups. It has recently invested in a community services platform, ZIPGRID. In March 2016, 1Crowd also invested in a technology and analytics-based startup Proximiti.