The Edtech startup Birla Brainiacs plans to raise $10 million in order to hire 1500 teachers in the next two years. This is an external round of funding and the company is in talks with the investors, the founder, Nirvaan Birla told a daily news portal recently.
The e-learning startup, which was launched last year in April, is a collaborative learning app for imparting teaching and learning in Mathematics, Science and English for Classes 1to 12.
The company will hire teachers to expand the business and to meet the requirements. The focus of the platform is not limited to the school curriculum; it also offers courses on software coding, mental ability, vedic math, competitive exam preparations (IIT/medical), etc.
India’s education sector is poised to grow from the current $117 billion to $225 billion by financial year 2025.