Edtech startup Kings Learning raises US$ 2.5 million in a funding round led by Michael & Susan Dell Foundation
NEW DELHI – August 31, 2017 – Kings Learning, a technology-driven spoken English learning startup, has raised US$ 2.5 million in funding from Michael & Susan Dell Foundation, together with other US based tech investors. The organization aims to address the employability issue in India amongst underserved youth owing to poor English language and communication skills, through offline, online and blended delivery channels.
Enguru, Kings Learning’s mobile-based spoken English app, allows users to self-learn both general spoken English and employability-focused conversational English. It also allows users to learn English in their native language and currently supports 28 different languages. The app has been downloaded about 2 million times till date, and is currently being used to improve spoken English skills by more than 120,000 active users monthly. The app’s platform is adaptive and gamified with real time assessments, which makes it easier for not just individuals but also corporates to use it for their employee training modules.
Mr. Arshan Vakil, Co-Founder and CEO, Kings Learning, said, “Our goal is to leverage innovative technology and creative content to deliver high quality and engaging English education to all. We are excited to partner with our investors as we move into the next phase of our growth which will primarily be focused on scaling up our offerings like Enguru, strengthening our technology and analytics engine and expanding the Kings Learning team.”
Ms. Prachi Windlass, Education Director, India, Michael & Susan Dell Foundation, said, “English has become a ticket to enter the booming knowledge-driven job economy of India, however, few have access to quality English language training. Almost half of the graduates in India, primarily from underprivileged backgrounds, are considered unemployable in most of the sectors due to lack of spoken English skills. Thankfully, mobile internet explosion, supplemented by exemplary work undertaken by technology-driven organizations like Kings Learning, is helping address this problem. We are excited to support Kings Learning’s efforts in their journey ahead.”
About Kings Learning
Founded in 2014, Kings Learning is an edtech startup aimed at providing employability focused English language & communication skills training through technology products. For more information, visit www.enguruapp.com/ and http://kingslearning.in/
About the Michael & Susan Dell Foundation
Founded in 1999, the central mission of Michael & Susan Dell Foundation is transforming the lives of children living in urban poverty through better education, family economic stability and health. Since 2006, the Michael & Susan Dell Foundation has invested more than INR 1,100 crores in non-profits and social enterprises in India. More information about MSDF is available at www.msdf.org.
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