AET Fund and angel investors including Sanpdeal's Kunal Bahl and Rohit Bansal, and Razorpay founders Harshil Mathur and Shashank Kumar also participated in the round through Marsshot Ventures.
The startup plans to use the investment to expand its reach and add 20 more people by the end of the month. It is looking to include all post-kindergarten grades in the coming months and its target is to have over 3 million students by the end of this year.
Founded in 2019 by Akhil Singh, Mohsin and Rohit Pande as Realearning.in, an AI-based solution for handwritten answer sheets, the founders were forced to pivot during the pandemic when handwritten sheets went out of the system. Aided by improved online connectivity among students and teachers, the company implemented its current model.
Commenting on the fundraise, the founders in a statement said, “We are building an Education Data Stack to empower teachers with deep insights that allow for a more customized and effective learning experience.”
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QUestt takes inspiration from companies like Kahoot in the US and 17zuoye in China.