Edtech startup Bhanzu has raised $2 million (around Rs 15 crore) in its seed round led by Lightspeed Venture Partners.
Angel investors and founders, including Nitin Gupta, Uni chief executive; Kunal Shah, Cred founder; Ashish Gupta, former Helion managing director; and Gaurav Munjal, Unacademy founder, among others also participated in the funding round.
The company said that funds will be used to scale Bhanzu’s live classes in multiple geographies including the US, Canada, the UK, and the Middle East, and accelerate hiring across its tech and product teams.
“My journey in becoming the world’s fastest human calculator has not stopped with me winning awards, breaking records, or doing stage shows. Having spent more than four years teaching math across the world, I have realised that building strong relevance and sparking curiosity in students leads to unprecedented learning outcomes,” Neelakantha Bhanu, founder and chief executive, Bhanzu, said.
Bhanzu, founded by the World’s Fastest Human Calculator Neelakantha Bhanu, is a math-learning platform with a meticulously designed curriculum that helps students become 4x quicker and better at math by nurturing their cognitive abilities and building their core math acumen.
“We are very excited to partner with Bhanzu in his mission to revolutionise math education. We have been awed by his journey from being a math enthusiast and educator to an entrepreneur and are proud backers of his vision to rethink how kids across the globe learn math,” Shuvi Srivastava, vice president, Lightspeed, said.
The vision of Bhanzu is to build the most thought through math curriculum using personalised AI-aided methodology, which builds confidence in students, by enabling them to apply math in the real world.