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Stimuler, an AI-powered edtech platform has raised $3.75 million (around Rs 31.9 Crore) in its pre-Series A round led by Lightspeed and Singapore-based SWC Global.
MVP, Rebright Partners, Force Ventures, gradCapital and Operators Studio, also participated in this round.
The funds will be used to strengthen Stimuler’s AI technology, expand its tech team, and attract more users.
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“It's one of those markets that is fundamentally changing with the development of AI. Over a billion people around the world are learning English in some form. So, we believe the market is truly massive for us,” chief executive Akshay Akash.
“Priority markets for us are Latin America, followed by Indonesia and India. So, the idea is to scale distribution capabilities in these regions,” added Akash.
Akash said that users can talk to Stimuler’s AI bot, Sara, to get feedback on their pronunciation, vocabulary, fluency, and other speaking skills. He added that the platform is made for people who already know some English and want to improve it further.
Harsha Kumar, partner, Lightspeed, said, “Stimuler is solving a universal need - making spoken English proficiency more accessible with sharp execution and deep product insight. As voice AI transforms learning, I believe Stimuler has built a platform to lead the category for the next billion users.”
“Consumer AI is an interesting category globally for us, and the team at Stimuler has built a global-ready product which is seeing a strong user engagement,” said Tuck Lye Koh, founding partner at SWC Global.
About Stimuler
Founded in 2022 by Akshay Akash, Akshat Baranwal, Ankit Kumar Pandey and Anesh Srivastav, Stimuler is a voice-based English tutor designed for people learning English as a second language.
The app has been downloaded over four million times and has more than 45,000 paying users on both Android and iOS.
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