The online learning platform, PingoLearn has said, “It has raised Rs 2 crore in pre-Series seed round funding co-led by Titan Capital and Haresh Chawlaand AngelList’s Syndicate.”
The startup will use the funds to expand the core team, set up content machinery, and develop the product.
Founded in 2021 by BITS Pilani alumni Mohit Menghani and Shubham Maheshwari, PingoLearn offers language courses with mini video lessons inspired by real-life conversations.
Speaking on receiving funding, Mohit Menghani, Co-Founder, PingoLearn, said, “This fresh round of funding and collaboration with these industry leaders will ramp up our development pace to create an authentic language learning experience.”
“1 in 4 people on earth are active language learners — English is just the starting point. Our pedagogy is scalable to other languages and geographies. Other than India, we are keen on testing the product in markets like East Asia, South East Asia, and Latin America. This funding round is going to be the fuel for our rocket ship,” Shubham Maheshwari, Co-Founder, PingoLearn added.
Commenting on the investment, Bipin Shah, Partner at Titan Capital, said, “Learning another language can help individuals create new connections, advance in their careers, and express themselves in a better way. The global D2C language learning market will nearly double by 2025. We are excited to back the PingoLearn team as they innovate and create effective solutions for this fast-growing sector.”