#Asia Online tutoring marketplace flipClass raises US$1M from S Chand, Blume Venture

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The startup recently launched a doubt clearing mobile app FlipTutor, which has a WhatsApp-like interface to provide answers in real time

flipClass Founder and CEO Vineet Dwivedi

flipClass Founder and CEO Vineet Dwivedi

Bangalore-based home and online tutoring startup flipClass has raised US$1 million in fresh funding from education content and services provider S Chand & Company, with participation from early-stage investor Blume Ventures.

In August 2014, the startup had raised seed funding via deal making site LetsVenture.

Founded in 2014 by Vineet Dwivedi, an IIT Kanpur graduate, flipClass.com is an online tutoring marketplace that aims at helping children succeed academically and progress intellectually. The startup offers home tuition and online tuition services from Kindergarten to class XII across various education boards, along with tutoring services for competitive exams and foreign languages.

Also Read: This CEO shares with us why tech hasn’t really impacted the education sector

The startup has an inbuilt assessment tool to gauge student learning and provide key inputs that help improve performance. The company recently launched a doubt clearing mobile app FlipTutor, which features WhatsApp-like interface to provide answers in real-time.

“flipClass has an active database of 4,000 students and 10,000 tutors and has delivered over 200,000 hours of home and online tuitions. We are very excited to have S Chand invest in our platform. We will also look to integrate their content with our learning tools and provide a more enriching experience to students,” said Dwivedi.

“At Blume, we are core believers of edtech and its ongoing relevance for years to come. Even with the advent of online solutions, home tuition and tutors continues to be a huge market with innate problems of discovery and selection. This is where we believe flipClass will play a significant role by aggregating tutors and parents onto a single platform,” said Karthik Reddy of Blume Ventures.

Also Read: flipClass aims to become the Flipkart for private tuitions in India

The S Chand group has been investing in the fast growing edtech space. The firm has completed five transactions since 2014 and created a presence in smartclass solutions, tablet-based content delivery, STEM-based activity kits, home tutoring and online test preparation.

The post Online tutoring marketplace flipClass raises US$1M from S Chand, Blume Venture appeared first on e27.

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