Eduncle will use the newly added capital to achieve its expansion objectives and to create new products for additional testing, to start live classes and to strengthen its technical infrastructure.
Mumbai Angels Network, a premium platform for early stage investments with other investors, participated in the USD 750k round for EdunCall, an online learning platform for IIT JAM, UGC NET and CSIR NET. Eduncle will use the newly added capital to achieve its expansion objectives and to create new products for additional testing, to start live classes and to strengthen its technical infrastructure. The platform plans to enhance its query-solving features with the integration of AI and ML.
Dr. Arpit Parek, Co-Founder and COO of Eduncle, said, “Eduncle was established to provide easy access to high quality education for every student in India. Our overall approach to learning solutions makes Eduncle a one-of-a-kind platform in the league of Ed-tech apps and is also highly scalable. Our platform provides students with end-to-end exam preparation and guidance for higher education such as live classes, video lectures, printed material, automated doubt solving and personalized test series combined with one mentorship session after another. We are pleased that marquee investors have been able to support us on our growth journey. Capital will allow us to increase our offer and scale more. “
Eduncle, an online learning platform for higher education, aims to provide holistic learning solutions to every student in the country. In terms of traction for IIT JAM, UGC-NET, and CSIR-NET, Eduncle is the # 1 platform, with over 200 students in the top 100 AIR selecting 4000+ in NET and JAM exams. Eduncle has earned over INR 27 crore. Revenue and has over 45,000+ paying customers so far With over 7.3 million visitors and 33 million + registered students, Eduncle is a growing organization. The company currently has about 150 employees, 5 top teachers and more than 500 tutors working diligently 24 * 7 to fulfill its mission of making quality education accessible to all.