AI-based teaching assistant startup ByteLearn raised $9.5 million in seed round led by 9Unicorns, Chiratae Ventures and Leo Capital, where Venture Catalysts, Goodwater Capital, Earlsfield Capital, Kettleborough VC, PitchRight Ventures, AdvantEdge VC and several investors such as Growthstory’ Srini Rai, F9’s Anand Chandrasekaran, Arun Tadanki, Jio’s Vikas Choudhury, BrightChamps’ Ravi Bhushan, among others also participated
In February 2021, edtech startup Vedantu had acquired the doubt-solving platform InstaSolv to boost its test prep and K-12 tutoring verticals. Two of InstaSolv founders Aditya Singhal and Nishant Sinha took an exit and went on to build a new venture — ByteLearn.
The startup plans to use the funds for product development, global expansion and enhancing technological capabilities. The startup also plans to ramp up its team in the US as well as India.
Founded in June 2021 by Singhal and Sinha, the founding team of BytelLearn includes AI/ML experts such as Ankur Narang, PhD, Hari Sankar, PhD. Their design, product and curriculum team in the Silicon Valley includes US-based edtech expert ex-Khan Academy executive Kitt Hirasaki and Teach For America-alum Charuta Joshi.
ByteLearn is an AI-powered teaching assistant startup that guides tutors and grades students independent of a physical teacher. For a teacher, ByteLearn claims to be saving 40% of their time, by assisting them in creating tests, quizzes, and homework on its platform. Currently, the startup only caters to mathematical concepts