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Home Venture Capital

Super Scholar raises US$ 400K from Magic Fund, 2am VC and others

New York Tech Editorial Team by New York Tech Editorial Team
January 24, 2022
in Venture Capital
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Super Scholar raises US$ 400K from Magic Fund, 2am VC and others
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100X.VC portfolio company Super Scholar, an edtech platform, has raised US$ 400K in the recent funding round. Renowned investors such as MAGIC Fund, 2am VC, Astir VC, JITO Angel Network, and many others entrusted Super Scholar to continue building an ecosystem where monetary barriers don’t stop students from engaging in productive online courses. The platform will utilise recent funding to strengthen its courses and scholarship offerings to ensure more students can leverage these facilities or grants.

Rohan Lodha, Co-founder, Super Scholar said, “We are delighted to have raised first cheque from 100X.VC and close US$ 400k follow-on funding. We started Super Scholar with a massive vision to make online courses accessible to every student in India and across the world and it’s time to execute now.”

Founded in 2019, Super Scholar is the brainchild of Rohan Lodha and Priyes Bamne. The platform was founded with a vision to make online courses affordable to every student. Considering that most students, though interested in taking online courses, can’t pursue it because of affordability factors, they decided to develop a solution. The platform works on a mission to provide students with the education they deserve through exclusive scholarships and grants. At present, it has more than 16,000 users and is forecasted to reach one million users by the end of 2022.

Super Scholar is a part of 100X.VC’s Class 06 portfolio companies were announced in December last year. Ninad Karpe, Partner, 100X.VC, added, “We are delighted to be the first institutional investor in Super Scholar, which has pioneered the concept of edtech scholarships for GenZ students. Given that many brilliant students are looking for some way to support their studies without facing financial burdens, we strongly believe that Super Scholar can grow tremendously and become a leader in this space.”

“Super scholar is aiming to solve a real pain point for Indian Gen Z learners. What got us excited was Super Scholar’s aim to help learners with their own self-learning discovery. We felt their mission aligns well with India’s Gen Z desire to shift away from a forced reactive type of learning to a personal and desired based proactive type of learning,” said Hershel Mehta, Co-founder and Partner, 2am VC.

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