In a Seed funding round led by 9Unicorns, Chiratae Ventures, and Leo Capital, ByteLearn, an AI-powered teaching assistant for students and teachers, raised $9.5 million (Rs 72 crore).
Venture Catalysts, Goodwater Capital, Earlsfield Capital, Kettleborough VC, PitchRight Ventures, and AdvantEdge VC also participated in the round.
ByteLearn is an AI-powered teaching assistant founded in June 2021 by serial entrepreneurs Aditya Singhal and Nishant Sinha that assists students with math problems, evaluates performance, grades tests, and allows them to study any topic using its AI-powered tutoring engine.
According to the statement, ByteLearn will use the funds to grow its AI capabilities, improve its product, strengthen its staff in India and the United States, and expand its presence across several geographies.
“We are reinventing the way maths is taught by the teachers and learned by students, by making it fun, interactive, and customized, as per students’ level of understanding,” said Nishant Sinha, Co-founder of ByteLearn.