Early-stage online learning platform Entri, based in Kerala, has closed its Pre Series A round with a total funding of $3.1 million.
Entri, a startup supported by Kerala Startup Mission (KSUM), is a regional language learning app for jobs, providing multiple types of learning content in five languages. The platform has a vision to enable the job aspirants secure jobs in private and public sectors.
Since the lockdown, Entri has witnessed a 100 per cent increase in new users and 150 per cent growth in revenue
Entri, which was founded in 2017 by Mohammed Hisamuddin and Rahul Ramesh, is active in Malayalam, Tamil, Kannada, Telugu, and Hindi with contents in different formats, including mock and adaptive tests, flashcards and video lessons.
Entri has raised a fresh funding of $1.7 million, and in February, it netted in $1.4 million. A set of investors led by Good Capital led the funding round.
Angel investors in Silicon Valley and in India were part of the investment round. The investors include HyperTrack Founder Kashyap Deorah and Hari TN of BigBasket.
Entri has more than three million users, adding 10,000 users per day
Entri has more than three million users, adding 10,000 users per day. According to the founders, the startup is targeting 10 million users in the next 18 months.
Since the lockdown, Entri has witnessed a 100 per cent increase in new users and 150 per cent growth in revenue.
“Domestic market offers huge potential for smart entrepreneurs, that’s what the success of Entri shows. Entri has helped lakhs of job seekers during the last few years. The funding round of over $3 million is a testimony that there are silverlinings even in these difficult times,” Saji Gopinath, CEO of Kerala Startup Mission, said in a statement.
Entri had received a scale up grant from KSUM, the nodal agency of the Kerala Government for entrepreneurship development and incubation activities.