EdTech startup Entri.app has raised $7 million in Series A round of funding led by Omidyar Network India, with participation from Boston-based Innospark Ventures and Integrated Capital, a Hong Kong-based private equity.
Some other angel investors including Gokul Rajaram, a board member of Pinterest and Coinbase, and Sriram Krishnan, a partner at Andreessen Horowitz (A16Z), a venture capital firm in Silicon Valley, also participated in the round among others.
The company said that funds will be utilized for content development across existing and new languages, senior-level hirings, and strategic acquisitions that will accelerate Entri’s growth.
“Entri.app is focused on the non-English speaking segment in India which has over 40 crore people in the age group of 18-35. We feel that with the right kind of training and learning in their mother tongue, they can improve their employability chances and increase earning capabilities. We are focused on this segment and firmly believe we can impact more than four crore users’ lives in the next three years with the kind of headstart we have got.” Mohammed Hisamuddin, Founder and CEO, Entri.app, said
Founded in 2017 by Mohammed Hisamuddin and Rahul Ramesh, the startup said it has more than 8 Mn registered users with over 250K paid subscribers. It offers 500+ courses in eight languages including Malayalam, Tamil, Kannada, Telugu, Hindi, Marathi, Bengali, and Odiya.
“Entri.app has made great progress in terms of the variety of courses offered, number of local languages catered to, and the number of students taking up the offering. We are excited to back the team at Entri.app as they march on their mission to become the #1 learning destination for ‘next half billion’ users to improve their employability and earning capabilities,” said Sarvesh Kanodia, Principal, Omidyar Network India.
EdTech startup Entri.app is India’s Vernacular Learning and Preparation App for Jobs skills.