In order to complete its INR 30 crore pre-Series A investment, Saarthi Pedagogy, an Ahmedabad-based edtech startup, has received INR 10 crore from renowned VC firm GVFL Limited. Pinnacle Investments, a subsidiary of Prestige group, was also a participant in this round.
The money raised in this round will be used to expand the sales footprint, build up the technological team, and improve the product, as per reported by Entrepreneur.com.
“We are laser-focused on solving the problem of 4.5 lakh budget schools that charge a fee between INR 15,000 – 45,000. These are schools where affordability is a major concern and students are extremely value conscious, but they also require a tech-driven learning solution to make a meaningful difference in their student’s learning outcomes,” said Sushil Agrawal, the founder of Saarthi Pedagogy.
Saarthi Pedagogy, which was introduced in 2018, provides to tailor and make easier the teaching and learning processes based on the needs of the learners.
“India’s edtech market, which was valued at $2.8 billion in 2020, is projected to expand at a CAGR of 39% and reach $10 billion by 2025, with K-12 learning solutions accounting for 41% of the total market size. Saarthi is India’s fastest-growing K-12 pedagogy company that provides 360° solutions to affordable schools through their customized academic content mapped with AI Backed LMS and modern ERP features. It gives us immense pleasure to join hands with Saarthi which bridges the gap between grades and knowledge and delivers an end-to-end solution for schools, teachers, and students, as opposed to point solutions available in the current Ed-tech Industry,” said Kamal Bansal, managing director, GVFL Limited.
About Saarthi Pedagogy
The fastest-growing pedagogy company in India, Saarthi Pedagogy, offers a competitive advantage to deliver high-quality instruction across all significant boards. Through specialised academic content mapped with AI-backed LMS and contemporary ERP capabilities, they provide schools with 360-degree solutions.