Edtech Startup Questt Raises USD 6.75M From Celesta Capital & Others
Questt, an edtech startup, has raised $6.75 million in its Series A round led by Celesta Capital and Premji Invest. Existing investors like AET Fund, First Cheque, Chiratae Ventures, Titan Capital and MarsShot Ventures also participated in the funding round.
According to a release shared by the company, the round comes only seven months after the edtech startup scooped up $1.35 million in the seed round.
“As our nation recovers from the effects of the pandemic, some changes are imperative. Leveraging AI, we aim to drive real value and empower students and teachers. Regardless of where children are, they must have a meaningful and effective learning experience,” Akhil Singh, Co-founder, Questt, said.
“Going forward, Questt will enable predictive and adaptive learning to help students pre-empt the problems they might face in the future,” Akhil added.
Founded by Akhil, Mohsin M and Rohit Pande in December 2020, Questt is a homework and assessment app.
With 10,000 teachers on the platform and two lakh students, Questt is looking to expand its tech capabilities and userbase with the new fundraising. It also plans to hire more experts.
“We work in a way with students that they understand their mistakes and over time our app is able to understand their patterns,” he added.
According to Quest, the app allows students to spend time upskilling by replacing the need for expensive coursework.
With schools closing down and people turning to online education, the edtech sector boomed during the pandemic. Unacademy and Vedantu raised massive rounds to enter the Unicorn list whereas BYJU’S became the biggest edtech startup in India.
According to a release shared by the company, the round comes only seven months after the edtech startup scooped up $1.35 million in the seed round.
“As our nation recovers from the effects of the pandemic, some changes are imperative. Leveraging AI, we aim to drive real value and empower students and teachers. Regardless of where children are, they must have a meaningful and effective learning experience,” Akhil Singh, Co-founder, Questt, said.
“Going forward, Questt will enable predictive and adaptive learning to help students pre-empt the problems they might face in the future,” Akhil added.
Founded by Akhil, Mohsin M and Rohit Pande in December 2020, Questt is a homework and assessment app.
With 10,000 teachers on the platform and two lakh students, Questt is looking to expand its tech capabilities and userbase with the new fundraising. It also plans to hire more experts.
“We work in a way with students that they understand their mistakes and over time our app is able to understand their patterns,” he added.
According to Quest, the app allows students to spend time upskilling by replacing the need for expensive coursework.
With schools closing down and people turning to online education, the edtech sector boomed during the pandemic. Unacademy and Vedantu raised massive rounds to enter the Unicorn list whereas BYJU’S became the biggest edtech startup in India.
