ByteLearn raises $9.5M
ByteLearn, an AI-powered teaching assistant for students and teachers, has brought up a $9.5 million seed funding round headed by 9Unicorns, Chiratae Ventures, and Leo Capital.
ByteLearn is an AI-powered teaching assistant founded by serial entrepreneurs Aditya Singhal and Nishant Sinha that assists students with arithmetic problems, evaluates performance, grades tests, and allows them to study any topic using its AI-powered tutoring engine.
In addition, the assistant creates a knowledge graph of students’ abilities and analyses the gaps to assign grade or difficulty levels, providing teachers with actionable information.
ByteLearn also saves teachers up to 40% of their time by supporting them in preparing examinations, quizzes, and homework on its platform, according to the business.
Venture Catalysts, Goodwater Capital, Earlsfield Capital, Kettleborough VC, PitchRight Ventures, AngelList, and AdvantEdge VC all participated in the round, as did investors such as Srini Rai (Growthstory), Anand Chandrasekaran (Facebook, Five9), Arun Tadanki (ex-Waveform Ventures), Vikas Choudhury (Jio), Ravi Bhushan (Bright Champs), Giri Malpani (Malpani family), Abhishek Goyal (Traxcn), Ramakant Sharma (Livpsace), Ravi Garikipati (Ex Flipkart), Saurabh Saxena (Uable), Venkatesh SarvaSiddhi (Springer Nature), Tej Kapoor (Fosun), Alok Mittal (Ex. Canaan Partners), Ashish Sharma (Innoven), Abhishek Agarwal (Facebook).
“The funding will allow us to increase our AI capabilities, improve our product, strengthen our employees in India and the United States, and expand our reach across different countries,” said Aditya Singhal, co-founder of ByteLearn.
ByteLearn’s founders have been involved in the edtech field for over 15 years. Dr Ankur Narang (IIT Delhi) and Dr Hari Sankar (IIT Delhi) are among the startup’s founding members (IIT Madras).
Kitt Hirasaki (Harvard alum, ex-Khan Academy) and Charuta Joshi (Master fellow at Math for America), who have worked in US EdTech firms and school systems, are part of the design, product, and curriculum team based in Silicon Valley.
“We are reinventing the way maths is taught by the teachers and learned by students, by making it fun, interactive, and customised, as per students’ level of understanding,” said Nishant Sinha, Co-founder of ByteLearn.
ByteLearn appears to be a potential teaching assistant company. I am confident that it will continue to prosper in the future. I give my best greetings to the ByteLearn’s team.Shishir Gupta, Founder and CEO of Startuplanes
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