WizKlub Raised INR 7 Crore Seed Fund
WizKlub raised INR 7 Crore funding in a seed round led by Incubate Fund India. WizKlub is an educational technology startup that focuses on the students’ cognitive development by creating programs that facilitate Higher-order thinking skills (HOTS). They also improve learning opportunities for students by making SmartTech programs. This startup plans to use the seed fund to acquire fresh capital for product and market expansion.
The founder and CEO of WizKlub, Amit Bansal, said, “Supplemental education beyond the curriculum is the greatest need in the Indian education system today, and we are addressing this area with our research-based learning programs.”
Amit Bansal founded WizKlub in February 2018 in Bengaluru. The target age group of WizKlub is from 5-15 years. This startup’s primary objective is to help children develop cognitively using digital means such as artificial intelligence (AI). It aims to facilitate higher-order thinking in the minds of the students so that they can become skilled readers and problem solvers. Currently, it has over 150 centers in Bengaluru and around 3,000 students enrolled in its programs. WizKlub’s SmartTech model is subscription-based and it plans to enroll over 10,000 students in its programs in the next few months.
The founder of StartupLanes, Shishir Gupta says: In the future, education will mostly be digital. WizKlub is a futuristic startup that is thinking ahead of its time by connecting education to technology. Technology makes education cheaper and more accessible to students as we are seeing in the present time. It is commendable to see how WizKlub is focusing on improving the skills of students by bringing different technological mediums into the education sector. I am positive that WizKlub will keep expanding its operations in the field of EdTech. Congratulations to the Team.
Many startups are getting funded to digitize education especially, during Covid-19 times when learning is remote. It is the products of these startups that are helping students study and learn better.