$2M raised by PaaS startup BitClass
Established in 2020, BitClass raised $2M in seed round which was led by Venture Highway. This would enable Bengaluru-based startup to invest in technology and grow business to attract more Teacherpreneurs onto its platform.
BitClass, a Bengaluru-based PaaS (Product-as-a-Service) startup engrossed in aiding "teacherpreneurs" set up and develop their independent live classes and assemble gainful organizations on the web, it reported that it has brought $2 million up in seed financing. The round is driven by Venture Highway, with interest from AET Japan, Figure Eight Investments, and Waterbridge Ventures, who reestablished their pledge to BitClass in this round.
Established in April 2020 by sequential business person Gunjan Kejriwal and Utsav Tiwary, BitClass engages any individual who desires to teach their aptitudes to the world. The startup enables them to set up and develop their business online by giving them all the devices. The stage is intended to permit educators with no specialized information to set up live classes in only a couple of minutes and develop their image. BitClass cases to have 2,200+ teacherpreneurs effectively instructing and selling their live classes going from moving areas like yoga and wellness, programming for youngsters and grown-ups, music and move, expressions and art, information science, character improvement, sewing, craftsmanship making, to odd ones like gems plan, hair styling, DIY veil, merry sweets making, home embellishments, etc.
Gunjan says that their emphasis has been on constructing growth-focused tech apparatuses and highlights which includes an Al-based sales assistant that makes it simple for teacherpreneurs to scale their live teaching organization. but class is the third interest in an edtech startup by Waterbridge Ventures. "With this follow on in the seed round, in the wake of having contributed through our Fast Forward Program, we are restoring our promise to great business visionaries, Gunjan and Utsav, and to the tech empowered instruction and learning market," said Ravi Kaushik, Partner at Waterbridge Ventures.