Tutoring platform Genext Students today said it has raised USD 5,80,000 (around Rs 3.75 crore) in its pre-Series A funding round from undisclosed investors.
The fresh capital would primarily be used to expand presence to new cities.
Genext Students aims to leverage the freshly raised capital to strengthen its tech backbone and expand the services to new cities such as Bengaluru, Lucknow, Jaipur, Hyderabad and Chennai, it said in a statement.
Launched in February 2013, the platform provides private tutoring with technology-enabled learning for CBSE, ICSE and state boards.
Ali Asgar Kagzi, co-founder and director of Genext Students said, “With our fresh round of funds, we aim to expand our services to more cities across a greater number of geographies and make use of technology in an enhanced manner”.
The platform, which currently has services in Pune and Mumbai, provides digital study content to the students.