, an individual language learning platform, recently closed its seed financing of $ 1 million. The tour was led by MVK Group, a venture capital firm based in London and manages some of the major business families in Dubai, Singapore, London and Switzerland that executed the investment.
This is a sequel to the December selection round.
The amount raised will be further used for business expansion in India and the Middle East, with a focus on providing children between the ages of three and 15 with access to premium content across the world.
Devvaki Aggarwal, Founder and CEO, instrucko noted,
âInstrucko takes pride in creating top quality content to enhance learning pedagogy. We’ve always focused on great content and great teaching, while technology has only been an aggregator. Our mission is to equip learners with the skills to succeed globally. This funding will help us grow, create more content, and focus on AI-powered technology and analytics. “
Devvaki Aggarwal, Founder and CEO, instrucko
Founded in july 2020, instrucko specializes in teaching English, French, Spanish, Mandarin, German, Hindi, public speaking and creative writing for children from 3 to 15 years old. Live instrucko lessons are taught by Indian teachers as well as native speakers.
Headquartered in the UK, with offices in London, Mumbai and Delhi, the startup’s business-to-business segment says it continues to see growing demand from schools in India and the Middle East. These schools use instrucko teacher training content and courses, and offer more certified and specialized courses such as EtonX. EtonX courses are designed to help teens get into the best universities.
Manish Karani, CEO of MVK Group VC, added,
âHaving invested and exited several mainstream brands over the past few years, we were delighted to have the opportunity to invest in instrucko, which we believe brings the highest quality of education to the Indian market. “
âThe edtech market has seen a lot of ‘noise’ since COVID-19, with many brands only launching services just to capitalize on the sudden shift to online education. Instrucko has been unique in this regard by itself. focusing on content input and delivery, which is more suited to the global market compared to the local market, and thus gives each of its clients an edge over their peers, âadded Manish.