Cuelearn Pvt Ltd also known as Cuemath runs an Education start-up has raised $4 million from Sequoia venture capital firm and existing investor Unitus Seed Fund. With this round of funding, Cuemath aims to expand to international markets and increase the number of teachers that use its platform from 1,200 to 5,000. The firm declined to say how many students use its platform.
“What we are essentially saying is that we don’t require someone to teach actively. Unlike others, in our case, the system is doing the teaching, and not the teacher. Math is the biggest need for children. Fitting many subjects into the same time slot will dilute the learning,” said Manan Khurma, founder of Cuemath.
The firm had in August raised an undisclosed amount from Alok Mittal, former managing director of Canaan Partners. The firm is present in six Indian cities: New Delhi, Mumbai, Bengaluru, Hyderabad, Chennai and Pune.
Cuemath is one of the many education start-ups such as Vidyanext, Genius, Flipclass and Vedantu that are using technology to help change after-school tuitions in India. Cuemath uses physical worksheets, quiz cards, along with other tablet-based content it develops in-house and targets students from lower kindergarten to Class 8. It operates on a micro-franchisee model where local tutors sign up with the company.
“To deliver the most effective learning there has to be an offline component. A purely online pedagogy would not work especially for the segment of young learners. Training of the teachers is online, having an offline component is not a hindrance to scale,” said Khurma.