Campus 365 Edunet Pvt Ltd, an EdTech platform that provides cloud-based solutions to schools and colleges to manage their daily activities, has raised INR 2.15 Crore in seed funding round led by Bengaluru-based angel investors.
The Gurugram-based startup plans to use the fresh funds to accelerate the development and rollout of new product offerings, increase its school network in Tier II and III cities, hire talent across domains, and make strategic acquisitions.
Founded in 2017 by Mayank Singh, Sandeep Verma, and Shashank Trivedi, Campus 365 offers an online and hybrid model (physical and digital) in classrooms for students from kindergarten to the 12th grade and claims that average percentages of students have improved to 75% from below 50% since its adoption.
Campus 365 is on a mission to empower schools with tools that serve people in the most human, helpful way. The innovative school management software solutions are aimed at providing the best School ERP features and safety measures to school going children.
Commenting on the funding, Co-founder and Chief Executive Officer of Campus 365, Mayank Singh, said, "We are eagerly looking forward to reaching out to the 1.5 million schools and 260 million school-going children in India so that we can transform the arc of education in this country. Our investors are known as a specialized edtech fund that backs innovation-oriented education companies."
The tech-enabled company brings a new mode of learning with the use of technology to students and the administration alike. It has several helpful features that track the students’ productivity and grades while also having a concise system that tracks grades, reports, assignments, and so on. It is meant to be used by anyone who is associated with the schooling system and does so while leaving a hassle-free experience by providing simplified solutions.
The startup claims to have a SaaS (software-as-a-service) platform that integrates school curriculum, teaching methods, and vendor resources.
Adding further about the investment, Co-founder, Shashank Trivedi, said, "If there are people who have great solutions for students but are unable to build a reach, we can do that for them. It will continue to be in the K-12 segment."
In the near future, Campus 365 plans to cover over 1,000 schools and 400,000 students in the country and aims to cater to 30,000 institutes.