This website stores cookies on your computer. These cookies are used to improve your website experience and provide more personalized services to you, both on this website and through other media.
Accept
EdTechReviewEdTechReview
  • News
  • Trends
  • Insight
  • eLearning
  • Research
  • Dictionary
  • EdTech Voices
  • More
    • Data & Statistics
    • Reviews
    • AWS for Education
    • Events

    Resources

    • Infographics
    • Reports & Case Studies
    • Videos
    • Books
    • Webinar

    Needs

    • 1:1 Learning
    • 21st Century Education
    • 21st Century Leadership
    • 21st Century Learning
    • 21st Century Teaching
    • 3D Printing
    • More Tags

    For

    • Students
    • Teachers/Educators
    • Administrators
    • Entrepreneurs/Startups
    • Govt. Officials/Policymakers
    • Parents
Explore
Search
Contribute
  • Submit A Post
  • EdTech Trainers and Consultants
  • Your Campus EdTech
  • Your EdTech Product
  • Your Feedback
  • Your Love for Us
  • EdTech Product Reviews
ETR Resources
  • About
  • Mission/Vision
  • Team
  • Services
  • Testimonials
  • Authors
  • Sponsor
  • Partner
  • Advertise
  • Our Clients
  • Media Kit
  • Press Release
  • FAQ’S
Reading: Enterprise SaaS Startup PlayAblo Pivots Business Model; Raises Rs 5.9 Cr in Pre-Series A Round
Aa
EdTechReviewEdTechReview
Aa
Search
  • News
  • Trends
  • Insight
  • eLearning
  • Reviews
  • Dictionary
  • EdTech Voices
  • Data & Statistics
  • Research
  • AWS for Education
  • Events
  • Voices
  • Tags
  • About
  • Contribute
  • FAQ’S
  • Our Clients
  • Partner
Follow US
Home > News > Enterprise SaaS Startup PlayAblo Pivots Business Model; Raises Rs 5.9 Cr in Pre-Series A Round
News

Enterprise SaaS Startup PlayAblo Pivots Business Model; Raises Rs 5.9 Cr in Pre-Series A Round

Stephen Soulunii Published Nov 10, 2021
Share
4 Min Read
Playablo Funding
Enterprise SaaS Startup PlayAblo Pivots Business Model and Raises Rs 5.9 Cr in Pre-Series A Round
SHARE

Forced to reinvent its model to tide over the COVID-19 crisis, schools-focused EdTech startup PlayAblo has pivoted its business model to focus on the enterprise SaaS-based opportunities for the learning needs of growing organizations.

AdvertisementWhy this Ad?

AdvertisementWhy this Ad?

The Bengaluru-based startup has also raised Rs. 5.9 crore from a clutch of the US and UK-based angel investors who were able to relate to the problem in workplace learning when it comes to staff training and how eLearning will be the long-term transition that growing companies will adopt in droves. The fundraise was participated by Karthik Natarajan (Ex-CFO, Vishal Megamart), Saurabh Sinha (CEO, EMIDS Technologies), Rajesh Ravindranath (SVP, ITC Infotech), Arnab Chatterjee (CPO, SmartKarrot), Hasanain Golam (CISCO Systems), Manindra Jha (TESCO), and Shashikiran BG (FortiSIEM).

Originally a schools-focused gamified learning platform, PlayAblo pivoted its positioning when the COVID-19 pandemic hit the school segment. The company found an opportunity in the space of workplace learning. Leveraging its existing gamified learning platform, it repositioned itself as new age and fresh-looking lightweight mobile-based enterprise LMS (Learning Management System).

With work-from-home restrictions forcing organizations to tweak their operations, ongoing training for employees was one of the most impacted processes. Compared to the western world, Indian companies have been slow to adopt eLearning as a vehicle for employee training, relying on the traditional classroom-based Instructor-Led Training (ILT) approach. COVID-19 changed all this as companies had no face-to-face access to employees. As companies rapidly worked towards updating their products, solutions, and processes to adapt to the new reality, the need to keep their staff and external partners trained and updated became more acute than ever. PlayAblo, with its originally schools-focused gamified learning platform, saw this crisis as an opportunity. Leveraging their existing platform, the startup quickly demonstrated the power of mobile-based lightweight and fun-to-use learning experience for enterprise users. Since the pandemic, PlayAblo has added customers from the space of IT Services, FinTech, Manufacturing, Staffing, Consulting, Not-for-profits, and Education.

PlayAblo continues to offer its solution in the K-12 segment on a partnership model with school chains and academic publishers instead of individual schools. The K-12 solutions from PlayAblo are custom-created, aligning with the partner’s pedagogical approach, content, and hybrid delivery model.

PlayAblo is an Enterprise SaaS solution offering customized LMS (Learning Management System) for the SMB segment. The startup was founded by Dheeraj Sharma (NIT Calicut), Ananthakrishanan G (IIM Kozhikode), and Suchitra Premkumar (BITS Pilani). Its existing investors include ABI Showatech (A Brakes India Group Company) and Brand Capital (Times Group).

Growing organizations with an increasingly spread-out workforce see a significant need to adopt LMS-based e-Learning solutions to keep their employees and partners uniformly trained and compliant. The enterprise LMS market in the Indian and APAC region is projected to grow at 34% CAGR, nearly double the global growth trends over the next 7 years.

TAGGED: EdTech Funding, Gamified Learning, K-12, Learning Management System, LMS, SaaS, Staff Training, Workplace Learning
Share This Article
Facebook Twitter Whatsapp Whatsapp LinkedIn Reddit Telegram Email Copy Link
By Stephen Soulunii
No more a student, but love to learn. Not a teacher, but care about how students are taught. Not an educator, but want everyone to be educated. Not a social worker, but desire to see change. Not a reformer, but always want to see a better world. The author believes that only sound education can bring a better future, better world and technology can help achieve a lot in this field.
Previous Article Craydel Funding Kenyan EdTech Craydel Raises $1M Pre-Seed Funding to Grow its Higher Ed Platform
Next Article Denmark-based FinEdTech Startup Female Invest Raises $4.5M to Empower Women to Invest
AdvertisementWhy this Ad?

Latest EdTech News To Your Inbox

Stay Connected

AdvertisementWhy this Ad?
AdvertisementWhy this Ad?

Latest EdTech News To Your Inbox

Stay Connected

AdvertisementWhy this Ad?

You Might Also Like

Alternative Digital University Altuni Raises $500k from Indian Angel Network
News

Alternative Digital University AltUni Raises $500K From Indian Angel Network

Sep 25, 2023
Madrid-based Correcto Raises $7m in Seed Round to Expand Its Presence in Latin America
News

Madrid-Based Correcto Raises $7M in Seed Round to Expand Its Presence in Latin America

Sep 25, 2023
Outschool Introduces Ai-powered Tool to Help Teachers Write Progress Reports
News

Outschool Introduces AI-Powered Tool to Help Teachers Write Progress Reports

Sep 25, 2023
European Union Co-funds Free Online Course on Sustainable Education Launches This September
News

European Union Co-Funds Free Online Course on Sustainable Education, Launches This September

Sep 22, 2023
Amsterdam-based Lepaya Raises $38m to Revolutionize Corporate Learning Through Ai
News

Amsterdam-Based Lepaya Raises $38M to Revolutionize Corporate Learning Through AI

Sep 22, 2023
Amity University Teams Up with Sekisho Corporation Japan to Offer Placements to Indian Students in Japan
News

Amity University Teams Up With Sekisho Corporation Japan to Offer Placements to Indian Students in Japan

Sep 22, 2023
Cloud-based Hrtech Platform Hibob Raises $150m to Expand into New Markets
News

Cloud-Based HRTech Platform HiBob Raises $150M to Expand Into New Markets

Sep 22, 2023
Iit Madras Centre for Memory Studies Introduces movingmemory App
News

IIT Madras’ Centre for Memory Studies Introduces ‘MovingMemory’ App

Sep 22, 2023
Show More
EdTechReviewEdTechReview

H433, 2nd Floor, Vikaspuri, New Delhi, India, 110018
Phone: 011 41321030

Follow US

Copyright © EdTechReview. All Rights Reserved.

  • Home
  • Advertise
  • Event Associations
  • Press Release
  • About
  • Services
  • Contribute
  • News
  • Trend & Insight
  • Data & Statistics
  • eLearning
  • Reviews
  • Research
  • Voices
  • Dictionary
  • Tags
  • Resources
  • Events
  • Courses
  • EdTech Product for Review
  • Our Clients
  • FAQ’S
  • Contact Us
  • Important Links
  • Sitemap
  • Terms of Use
  • Privacy Policy
newsletter
Join 100K+ subscribers!

Subscribe to our weekly newsletter that brings the latest EdTech news, trends, insights, reports, interviews, etc. for educators, school leaders, entrepreneurs, investors, & others.

Zero spam, Unsubscribe at any time.
Welcome Back!

Sign in to your account

Lost your password?