Gurugram-based artificial intelligence education platform Questt has raised $6.75 million in Series A funding in a round led by Celesta Capital and Premji Invest, VC Circle has reported.
Existing investor Chiratae Ventures increased its shareholding in this round.
The company’s investors include AET Fund, MarsShot Ventures, Titan Capital, and First Cheque.
Questt is owned and operated by Reallearning Technologies and offers a platform that automates homework assessment for teachers, while gamifying homework completion for students. The company stated it will use the new funding to build deep-tech capabilities to increase its user base.
In March this year, Questt raised $1.35 million in a seed round led by Chiratae Ventures, with participation from AET Fund, Snapdeal founders Kunal Bahl and Rohit Bansal, 91springboard founder Pranay Gupta, LivSpace’s Ramakant Sharma, First Cheque and the founders of Razorpay.
Akhil Singh, co-founder of Questt, said: “Going forward, Questt will enable predictive and adaptive learning to help students pre-empt the problems they might face in the future. We are excited to have the support and trust of our investors as we build out a unique and comprehensive education data stack that is poised to benefit millions of students and teachers in India.”
Sudhir Rao, managing partner, India, Celesta Capital, commented: “Questt will enable learning pathways for each child on an individual basis – adding to the teacher and tutor’s need to assist each child in their pursuit of learning and overcoming the difficulties on the learning route. Delivering micro-learning at the right time is needed to optimise learning outcomes. We are excited to back this transformative company.”
Atul Gupta, partner at Premji Investment, added: “We are not just investing in Questt, but the potential of shaping the future of next-generation minds. The founders embody the true spirit of resilience, innovation, and bias for action that makes what they are building even more special.”
Date published: 21 October 2021