Edtech Startup HashLearn Raises Funding From Binny Bansal And Others

On-demand mobile tutoring platform, HashLearn, has raised an undisclosed amount of funding from leading angel investors including Flipkart co-founder Binny Bansal.

Other investors who participated in this round were Bhavish Aggarwal (CEO & co-founder, Olacabs), Rajan Anandan (MD, Google SE Asia & India), Max Gabriel (CTO Taylor & Francis, UK), Sujeet Kumar (Former President-Operations, Flipkart), Mekin Maheshwari (Former CPO, Flipkart), Sunil Kalra (Angel Investor), Singapore Angel Network, Anupam Mittal (CEO & founder, People Group/Shaadi.com), and Krishna Mehra (CTO & co-founder, Capillary Technologies), etc.

Bangalore-based HashLearn was founded in 2013 by Jayadev Gopalakrishnan and Gokul Janga. It is building a scalable platform connecting educators and students, starting with testprep. It covers subjects like Physics, Chemistry, Math – Board & Entrance Exams from class 8-12.

Jayadev Gopalakrishnan, CEO & co-founder said, “Coaching classes and private tutoring are an urban phenomenon. With only 20% of the testprep market organised, there is a huge market to be tapped in affordable, high quality tutoring. Our vision is to provide an educator to every student at scale.”

Students attending conventional coaching classes, experience lack of personalisation and the unavailability of tutors to provide individualised help. HashLearn addresses this by connecting students to tutors 24/7, in an affordable way through its app.

HashLearn’s subscription plan starts from INR 499/month. The tutors at HashLearn are from IITs and BITS who have cracked these exams.

The Edtech space is experiencing great traction. Just yesterday, Bangalore-based, Byju’s raised $75 Mn from Sequoia India and Belgium-based investment firm Sofina. Other players in this segment include Avagmah, Meritnation, Simplilearn, Englishleap, Testbook etc.

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