Amid the challenges facing the edtech sector, Bhanzu has raised $16.5 million (approx. INR 139 crore) in a Series B funding round led by Epiq Capital, with participation from Z3Partners, Lightspeed Ventures, and Eight Roads.
Founded in 2020 by Neelakantha Bhanu, Bhanzu offers a research-driven curriculum designed to improve math proficiency. The company plans to use the funds to expand its presence in the US market, where it sees a major opportunity to disrupt the math education space. Despite competition from large, established companies, Bhanzu aims to fill the gap left by firms that haven’t innovated or embraced technology effectively.
In addition to India, Bhanzu operates in the US, UK, and the Middle East.
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