Language Training Startup Inzpira Raises INR 2.3 Cr To Enhance Its Tech Platform
Inzpira, an AI-enabled, on-demand live language learning & soft-skills training platform for adults and kids, announced that it has raised INR 2.3 Crore (around $300K) as part of its seed round led by Angel investors Raj Nair, Chairman with the participation from Avalon Consulting, and Gopinath Latpate, Executive Director, JLL.
The round was also backed by other investors like Arvind Kapil (Country Head – Retail Lending, HDFC Bank), Yash Chamria (Joint VP, Piramal Capital), Naveen Raju (Executive Director, TIE Mumbai), Ajay Nayar (Associate Partner, IBM), P Sreekumar, Vedika Thorat, Abdul Gafoor, Jyoti Rahul Devjani, Akshar Panchmia, Dipen Shah, Vikas Sisodiya, Manish Manoj, Mannan Manoj, Michael Samuel, Pankaj Ramachandran, Roshan Ajitkumar.
With the fresh funding, the startup plans to improve its tech platform, enhance brand presence and expand its customer base.
Founded in 2020 by Rohith Namboothiri and Sruthy Ramesh, the Kerala-based startup is disrupting how adults learn English and soft skills through its AI-enabled platform where the users can conveniently choose their comfortable time to learn and get instantly connected with a trainer.
Commenting on the funding, Co-founder and CEO of Inzpira, Rohith Namboothiri, said, “Working professionals, despite realizing the importance of attaining English language proficiency to advance in their career, simply cannot find time to join a program due to their busy work schedule and other commitments. At Inzpira, we are building a platform that provides on-demand live, individual language training where users can learn anytime according to their convenience, as easy as booking a cab or ordering food. We intend to revolutionize the language learning sector by giving both adults and kids an immersive learning experience by enabling them to practice and learn from hundreds of trainers.”
Inzpira has a pool of hundreds of trainers working remotely from different parts of the world. Currently, the startup serves India, the United Arab Emirates, Saudi Arabia, Bahrain and the rest of the Middle East. Inzpira is also establishing its presence in Southeast Pacific countries such as Singapore, Thailand, Malaysia, and Vietnam.
According to the founders, language learning requires constant interactions with people who speak the language. One cannot learn by interacting with a single tutor for a few weeks or months.
Chairman of Avalon Consulting, Raj Nair, added, “I have invested in Inzpira because I found that the promoters have a certain spark in them, besides a mature head on their shoulders. Most of all, they are playing in a large market that is underserved. There is also scope to add more value to customers through additional offerings in the future.”
Earlier this year, Inzpira had raised $2.5 million as part of its pre-seed round from 100X.VC and was part of their class 04 cohort.
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