Education technology startup Learntron, which caters to the learning needs of both educational institutions and enterprises, has today announced that it has secured an undisclosed amount of funding in its latest round from Kae Capital.
Commenting on this investment, Shubhankar Bhattacharya, Venture Partner, Kae Capital said that they saw Learntron as a productivity enhancement and engagement product with global appeal and a clear validation of product-market fit.
Learntron, which is based in Chennai, with sales operations in Mumbai, was founded earlier in 2016 by a duo of serial entrepreneurs Subbu and Kuljit. Subbu is an alum of IIT-Madras, ISB and a former McKinsey executive, whereas Kuljit who is also an alum of ISB has worked with startups like Cleartrip and consulting companies like E&Y earlier.
The platform includes latest learning design principles like bite-sized learning, social learning, gamification and micro-learning and created a solid, feature-rich product. One of the major elements of Learntron is live learning and the best thing about it is that it also works in low-bandwidth conditions.
The platform does not develop any of its own content. It claims to have built a platform that makes content companies its potential customers and not competitors. Kuljit, COO and co-founder, Learntron, said,
We have reinvented the virtual classroom experience to make it activity-based and interactive, as opposed to boring screen-share webinars. Our technology is resilient and works in bandwidth as low as 100 kbps, which despite the 4G revolution, is the reality of internet infrastructure in India.
We have built a good network of partners in the Middle East. We have also entered the Thailand market and will be expanding to other markets in Asia soon.
The customers for the ed-tech startup include companies like the Mahindra Group, Britannia, Scope International and Delhivery and educational institutions such as TalentEdge, DPS Doha, Birla High School, Kolkata and GD Goenka Schools. The company has recently launched sports courses on the platform in partnership with Baseline Ventures.