Edtech Startup LetzConnect raises Pre-Series A Funding
LetzConnect, an educational networking portal, has raised an undisclosed amount in Pre-Series A funding from SucSEED Venture Partners, Obopay Mobile technologies and Japanese Investor Syndicate.
Praveen Ganesh, Founder of LetzConnect Technologies, said, “Our aim is to provide academic support to students and help them improve their chance of employment by making them more employable. The first step for us is to get the student with us, which we do by providing them reading the material and connecting them with a network. Once that happens, our AI enabled platform tries to understand a student’s choice, likes and dislikes and needs, to provide him/her contents and courses accordingly.”
Vikrant Varshney, Co-Founder and Managing Partner, SucSEED, stated, “With LetzConnect investment SucSEED now has a full range of investments in Education Sector starting from KinderGarten to K-12 to College. This gives us unique opportunity to help foster collaborations between the start-ups like OckyPocky, XploraBox, SRJNA and LetzConnect to create a unique value proposition for the Edtech Sector.”
Ajay Kalhan, an Active Investor with SucSEED, added, “Besides connecting students, faculty and providers with the content relevant to students, LetzConnect with their AI based platform allow organizations to connect, train and hire students as part of their social responsibility program. This, in turn, provides employment and future to the students in much need of help and that to SucSEED is the biggest game-changer for any platform.”