AI-based teaching assistant startup ByteLearn has raised $9.5 million in its seed round and is no longer in stealth status. According to the startup’s website, early access to the platform is now available.
Vedantu, an edtech startup, bought the doubt-solving platform InstaSolv in February 2021 to expand its test prep and K-12 teaching sectors. Aditya Singhal and Nishant Sinha, two of InstaSolv’s founders, left to start a new company called ByteLearn.
The funds will be used for product development, global expansion, and technological advancements by the startup. The company also intends to expand its team in the United States and India.
Venture Catalysts, Goodwater Capital, Earlsfield Capital, Kettleborough VC, PitchRight Ventures, and AdvantEdge VC all participated in the round, which was led by 9Unicorns, Chiratae Ventures, and Leo Capital. Srini Rai of Growthstory, Anand Chandrasekaran of F9, Arun Tadanki of Jio, Vikas Choudhury of Jio, Ravi Bhushan of BrightChamps, and others invested in ByteLearn’s seed round.
BytelLearn was founded in June 2021 by Singhal and Sinha and features AI/ML professionals such as Ankur Narang, PhD, and Hari Sankar, PhD. Their Silicon Valley design, product, and curriculum team comprises US-based edtech veteran Kitt Hirasaki, a former Khan Academy executive, and Teach for America alum Charuta Joshi.
ByteLearn is a startup that uses artificial intelligence to guide tutors and grade students without the need for a physical teacher. By supporting teachers in preparing examinations, quizzes, and homework on its platform, ByteLearn promises to save 40 percent of their time. Currently, the company focuses solely on mathematical concepts.
