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Advitiya Sharma of Housing.com left the venture to start an EdTech, quiz-based startup, Genius Teacher. Today, the startup has received angel investors fro India and the US. After having brought it 2 million dollars, the startup is still looking to raise another $5-8 million in venture capital funding or Series A in the next 12 months. The company aims to use this fund for product innovation.
The fund saw participation from WhatsApp India CEO Abhijit Bose; Serial entrepreneur Kunal Shah (also CEO of Cred); Freecharge co-founder Sandeep Tandon; Proptiger CEO Dhruv Agarwal; MMOne Online CEO Justin Sway; Cvent co-founder Dan Lapus and Let’s Venture President Nimish Kampani; Former Snapdeal Vice-President Gaurav Gupta; former AWS India Managing Director Bikram Bedi and Fynd co-founder Farooq Adam. Two institutional investors — Whiteboard Capital and VKG Ventures LLP — were also part of the round.
About Genius Teacher
In 2016, Advitiya Sharma quit Housing.com to start Genius Teacher, in a bid to transform education into a learning adventure. An AI-based learning platform, Genius Teacher has 5,000 quizzes, 10,000 personalised videos for children, supports over 10 curricula and offers scholarships and internships with companies such as WhatsApp, Mahindra & Mahindra, Singapore University and Indian Institute of Technology Madras) among others.
“We have raised this investment from marquee investors during these Covid times, and now our focus would be growing the application as quickly as possible. We will utilise the funds for product innovations such as live quizzing and grow fast to million-plus students in the next 12 months. Our mission is to make the company the Netflix of education in India,” Genius Teacher Founder Sharma said.
“We are already getting a lot of inbound interest from investment funds and with the capability of the team, we would be able to achieve all the milestones we have set for ourselves. We would look at raising further funding of about $5-8 million in the next year or so.”