Interval, an innovative EdTech platform that delivers personalized, one-to-one learning for K-12 students, has secured INR 2.25 crore in a pre-seed round led by prominent angel investors from UAE, demonstrating the growing international interest in the Indian EdTech space.
With this investment round, the startup, which encompasses over 1,000 academic and non-academic courses, plans to accelerate its growth trajectory, expanding its reach and enhancing product offerings.
Founded in 2021 by five youngsters- Ramees Ali, Sanafir O K, Najim Illyas, Shibily Ameen, and Aslah Thadathil, Interval offers personalized classes to children in the K-12 sector (from kindergarten to plus-two). With a team of experienced and passionate educators, the startup aims to bridge the gaps in the traditional classroom setting, where students often get lost in the crowd due to the mass learning system with a one-size-fits-all concept, and break this setup by building the world’s fastest-growing individual tuition concept.
Speaking about the capital raised, Co-founder & CEO of Interval, Ramees Ali, said:
We are excited to have secured this pre-seed funding, which will fuel our aim to provide personalized and high-quality education to students across the K-12 segment. With the support of our investors, we are confident in our ability to transform the learning experience for children and empower them to realize their full potential.
Ali added:
The pre-series funding will be primarily utilized to strengthen technology infrastructure, onboard more skilled teachers, and develop new educational content to enrich the learning experience for students further.
Within a short time, the company has expanded its customer base to over 30 countries, fostering a robust community of customers in India and GCC countries. Notably, the K-12 EdTech startup has succeeded in achieving revenue of ₹8.02 crore in the last fiscal.
According to Ramees, the pre-seed funding round saw participation from a select group of UAE-based angel investors known for their strategic investments in promising startups. Also, this success serves as a testament to the strong market potential and investor confidence in the country’s EdTech sector. As the company continues to scale and expand its operations, it expects to play a key role in shaping the future of education in India.
