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On-demand English tutoring platform Clapingo raises pre-Series A round

EntrackrEntrackr ยท 1y ago
On-demand English tutoring platform Clapingo raises pre-Series A round
Medial

Clapingo, an on-demand English tutoring platform, has raised an undisclosed amount from notable investors including Biswa Kalyan Rath (comedian and writer), Sandeep Aggarwal (Droom and Shopclues) and Appurv Gupta (comedian and satirist) and Foundership HQ. The proceeds will be used to enhance Clapingoโ€™s product, specifically to develop the fluency report system on the platform, ensuring customers receive prompt and precise feedback. According to the company, the funds will also be invested in marketing efforts to attract more users and significantly expand the user base, driving the companyโ€™s growth and impact in the market. Founded in 2021 by Sameer Agrawal and Abhishek KG, Clapingo is an English learning platform providing a supportive environment for practice, essential for professional success in diverse linguistic landscapes. Offering peer-led and tutor-led models, Clapingo enables learners to connect and practice with each other using an AI teaching assistant starting from a monthly fee of Rs 999. Clapingo is currently active in India and the Middle East and claims to have achieved approximately Rs 1.5 crore in revenue in 2021, Rs 8 crore in 2022, and Rs 14 crore in 2023. This year, Clapingo is aiming for Rs 80 crore in revenue.

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Startup news and updates: Daily roundup (June 11, 2024)

YourStoryYourStory ยท 1y ago
Startup news and updates: Daily roundup (June 11, 2024)
Medial

Healthtech startup C3 Med-Tech has secured its first equity investment from Industrial Metal Powders. The funding will be used to launch telemedicine and AI-driven devices for detecting eye diseases, expanding the company's presence, and conducting research and development. BlackSoil has invested over Rs 40 crore in JCB Salons India to support acquisitions and business expansion. Clapingo, an on-demand English tutoring platform, has raised an undisclosed amount of funding to enhance its product and attract a wider user base. Blockchain for Impact and UNICEF have partnered to support India's Universal Health Coverage initiatives. L&T Technology Services and IIT Hyderabad have formed a partnership to advance research in ADAS and CV2X technologies.

Stimuler raises $3.75 Mn in pre-Series A round led by Lightspeed

EntrackrEntrackr ยท 4m ago
Stimuler raises $3.75 Mn in pre-Series A round led by Lightspeed
Medial

Stimuler, an AI-driven spoken English learning platform, has raised $3.75 million in its pre-Series A round led by Lightspeed and SWC Global. MVP, Rebright, Force Ventures, GradCapital, and Operators Studio have also participated. The proceeds will be used to enhance its AI infrastructure, expand its technical team, and grow its presence in global markets, particularly in Latin America and Southeast Asia. Stimuler aims to increase monetization fivefold over the next 12 to 18 months. Stimuler offers a voice-first tutor for English-as-a-second-language (ESL) users. The app claims to have recorded over four million installs and has more than 45,000 paying users across Android and iOS. A majority of its users are based outside India, with significant adoption in Indonesia and other markets. Its platform provides users with real-time feedback on fluency, pronunciation, vocabulary, and grammar. The firm serves users in over 175 countries.

AutoDukan raises $1 Mn in pre-Series A round

EntrackrEntrackr ยท 13d ago
AutoDukan raises $1 Mn in pre-Series A round
Medial

Snippets AutoDukan raises $1 Mn in pre-Series A round AutoDukan, an AI-driven automobile aftermarket platform, has raised $1 million in a pre-Series A round led by Choice Group and select HNIs. Existing investors MetroMax Group (India) and Ankit Sajnani also participated. The startup earlier raised a seed round from Rohit Goyal, Windrose Capital, and Raghu Venkatraman, followed by an angel round from MetroMax Group (USA) and Ankit Sajnani, which helped launch and expand its core platform. AutoDukan works in the auto aftermarket by digitising spare part procurement, insurance claim workflows, and multi-brand workshop enablement. Its AI-powered platform maps spare parts to vehicle models, predicts demand, and automates procurement, delivering speed and transparency to insurers, fleet operators, and workshops. The new funds will be used to scale operations across key automotive regions, enhance AI capabilities in demand prediction and claims automation, and deepen partnerships with insurers, fleet operators, and OEM suppliers. The company also plans to strengthen its team across AI, operations, and market development. AutoDukan reported 10ร— growth in the past two years, serving over 2,000 clients nationwide, mapping 2 million spare parts, and maintaining a live inventory of 200,000 parts updated daily. The firm competes with players like GoMechanic, Automovill, and OEM-backed service platforms.

B2B mobility startup DriverShaab raises pre-Series A round

EntrackrEntrackr ยท 5m ago
B2B mobility startup DriverShaab raises pre-Series A round
Medial

B2B mobility startup DriverShaab raises pre-Series A round Business-to-business (B2B) mobility solutions provider DriverShaab has raised Rs 2.82 crore in a pre-Series A funding round co-led by Firstport Capital and Inflection Point Ventures (IPV). The Kolkata-based company had previously raised $39.8K from IIMCIP and others. The proceeds will be utilized to scale its driver aggregation platform, enhance operational excellence, and strengthen technology infrastructure, DriverShaab said in a press release. Founded in 2019 by Avijit Das, DriverShaab offers on-demand driver services, logistics support, and employee transportation solutions for businesses. The startup leverages technology to streamline driver aggregation, making operations more reliable and efficient for enterprises across industries. According to market research, India's mobility market is valued at $900 million. DriverShaab leverages technology to streamline driver aggregation, ensuring seamless deployment, reduced downtime, and enhanced service reliability. The platform simplifies the driver aggregation model and is built to streamline fleet operations for businesses. The company aims to create seamless, tech-driven solutions that address the unique challenges of driver services. DriverShaab addresses driver supply challenges, operational inefficiencies, and fleet management complexities through its tech-driven approach. Currently, it has facilitated transactions worth Rs 26 crore since its inception, demonstrating strong demand and adoption of its platform.

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