Pune, India-based edtech platform Zotalabs, on Wednesday, announced that it has raised $125K in its seed funding round led by Dhianu Das of Alfa Ventures. Prashant Narang from Agility Venture Partners served as the round’s India Accelerator.
The round also saw participation from Bhavesh Jain (CRO, Transa CIBIL); Sandeep Jain, CEO of Value Unlocked and Ex-Strategy Head of HT Media; Deepak Goyal (ISS Thailand); Ankur Shrivastava of Gen Real Property; and Vatsal Jain from Paypal.
The company in a statement shared that the freshly-raised capital will be deployed towards team development, product growth, technological enhancements, expansion across South-east Asia, and develop deeper insights for learners in the K-12 segment.
Founded in 2019 by Nausherwan Shah and Wasim Khan, Zotalab’s products include Eusembly, an edtech platform for all K-12 students globally, and Eumetry, a platform where teachers can upload live and recorded classes.
Zotalabs claims that it leveraged a big opportunity in the evolution of digital classrooms and experiential learning during the pandemic period. The startup also helped Amity Future Academy with a technology platform to promote their skill-development courses under the Aatmanirbhar Bharat initiative.
Speaking of the development, Wasim Khan, CEO of Zotalabs, in a statement said,
“We aim to democratise learning globally. We intend to connect educators and learners through one cohesive platform. In Zotalabs, we bring coaches, trainers, teachers and students together through a quality, blended learning experience,”
Dhianu Das, Founder of Alfa Ventures, said,
“I am keen on Zotalabs, as it serves to democratise the pursuit of knowledge for schoolchildren. Their call to action is simple yet insightful — why don’t we have an OTT for education? One that allows us to pay one time and learn for the entire year from different teachers, institutions, schools or universities.”