Edtech Startup AttainU secures angel funding to strengthen its business
Edtech startup AttainU, which offers live online courses as college alternative to individuals, has secured an undisclosed sum in angel funding. The company has raised funds from investors including Shailesh Rao, ex-Google India Head; Nikhil Rungta, ex-Intuit India Head; Anil Gelra, Founder, SnapMint; and Manish Kumar, Founder, KredX; and LetsVenture.
The fresh capital will be utilized by the company to further strengthen faculty, development of courses and counselling teams. The Bengaluru-based company will also use funds to build a semi-automated platform to cater to the huge inbound student demand AttainU is receiving.
Divyam Goel, CEO & Co-Founder, AttainU, said, “For us, the goal has always been about solving higher education in a systematic, scalable way. From the beginning, we have had a very strong focus on maintaining our high-quality learning outcomes as we scale. Over the last 10 months, we have been able to figure out many processes, complementing human psychology, to facilitate deep-rooted learning.”
“At this point, we are receiving double-digit thousand student applications every month and are very excited about the scale of impact we will be able to deliver through our tech-first approach,” he further added.
AttainU was founded by Divyam Goel and Vaibhav Bajpai in 2018. At present, the edtech startup provides full-time, online seven-month-long software engineering courses for users.
The company is targeting to serve students who have a college education but don’t have a job or a satisfactory job and more importantly, don't need to have prior coding experience.
Nikhil Rungta, MD of ex-Intuit India, stated, “Over 60 percent of the engineering students who pass out every year are either unemployed or are stuck in unrelated jobs. If we go beyond engineers, this problem multiplies 10 times. I feel the team at AttainU has identified this huge unsolved problem and are trying to solve it in a tech-first, structured and scalable way.”