Collaborative learning edtech platform Krayonnz raised Rs 1 Cr

Vedarsy Technologies Pvt Ltd, a peer to peer collaborative learning edtech startup, raised Rs 1 Cr as part of a pre-seed round of funding from GSF Accelerator. Angel investors including founder of Razorpay, Shashank Kumar also participated.

The latest introduction of funds would be used to build a 1 mn strong community of students and educators, and enable them to access and share course-specific study resources in the higher education segment.

The Ed-Tech platform helps students to share course-specific study material, and to earn money while solving doubts and questions of fellow students. Krayonnz said it generates revenue by charging an annual subscription fee for accessing study material and notes, along with an additional revenue share amount from value-added services such as personalized tutoring and counseling.

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