Edtech platform Brainly raises $30M plans to expand user base in India
Poland-based Brainly which is a peer-to-peer learning community for students, parents, and teachers has raised $30 million in a funding round led by Naspers with other participants like Runa Capital and Manta Ray. Brainly provides a platform where middle and high school students can ask each other for homework help and now reaches out to students, teachers, and parents across 35 countries in solving their academic problems and exchanging knowledge. It has crossed 150 million monthly users. The company has received total funding of $68.5 million so far. It plans to use this funding to expand its user base in India and to enhance its service quality to help students and parents across the countries. Our goal is to extend that access to academic help to every student in the world, including India, giving them the resources and the tools to succeed while inspiring collaborative learning. This funding allows us to do just that. We also plan to utilise these funds to expand our offerings for the Indian community of students, parents, and teachers, by providing a platform to discuss and study in other local languages like Marathi, Gujarati, Bengali, Telugu, and Punjabi, to name a few.” said Brainly CEO and Co-Founder, Michał Borkowski.