A social learning platform, Bluelearn, today announced the funding of USD3.5 Million in a seed round led by Elevation Capital and Lightspeed. The round also saw participation from Titan Capital, 2am VC, along with angel investors Vidit Aatrey and Sanjeev Barnwal (founders of Meesho), Awais Ahmed (Founder of Pixxel), Vivek Mohan (Private equity) and others. This is in addition to the previous rounds led by Lightspeed and 100x VC.
The company was founded in 2021 by Harish Uthayakumar and Shreyans Sancheti while they were studying at BITS Pilani, Goa. Bluelearn started off as a telegram channel for students to help each other with common questions and today their app has over 150,000 members from over 5,500 colleges and startups across 20+ countries and is growing 30 per cent month on month organically.
Commenting on the fundraise, Shreyans Sancheti, Co-founder, Bluelearn said, “People are at the core of everything we do, from our team to the entire community. With the new capital we plan on accelerating our market expansion to newer and previously untapped markets in India and globally. By strengthening our core tech and product teams we will continue building impactful products that help people grow in their careers and lives.
Amit Aggarwal, Principal at Elevation Capital said, “Bluelearn is uniquely building both a social network and a learning destination by bringing together communities of young learners, anchored around shared interest areas. We envision that Bluelearn will be the social learning destination for networking, upskilling and discovering the first employment opportunity for Gen Z.”
Bluelearn plans to use the funds to further strengthen the product and team as well as to grow their community user base by 10x within the year. The brand is actively hiring across functions such as product, tech, marketing, and operations and plans to almost double team size by the end of the year.