The startup will use the funds to expand the core team, set up content machinery, and develop the product.
E-Learning platform, PingoLearn has raised INR 2 Crore in pre seed round of funding lead by Titan capital, Haresh Chawlaand AngelList’s syndicate. The startup will use the funds to expand the core team, set up content machinery, and develop the product.
Founded in 2021 by BITS Pilani alumni Mohit Menghani and Shubham Maheshwari, PingoLearn offers language courses with mini video lessons inspired by real-life conversations. Most language learning methods involve rote-learning of grammar rules and vocabulary without much context. Learners never get to engage with the actual language and eventually lose motivation. It isn’t how we learned our mother tongues. PingoLearn aims to build the “least boring” app to master a language.
On receiving funding, Mohit Menghani, Co-Founder, PingoLearn, said,“I come from a Tier-3 city and had very little exposure to spoken English in my school days. You speak what you hear, and that becomes your version of the language, be it vocabulary or pronunciation. My “version” of the English language has significantly improved over the years by consuming videos and getting feedback from my friends. We are artificially creating that environment at Pingolearn with snackable content for learning actual usable language and speech assessment engines for immediate feedback on pronunciation and fluency. This fresh round of funding and collaboration with these industry leaders will ramp up our development pace to create an authentic language learning experience.
Shubham Maheshwari, Co-Founder, PingoLearn, said, “1 in 4 people on earth are active language learners! English is just the starting point. Our pedagogy is scalable to other languages and geographies. Other than India, we are keen on testing the product in markets like East Asia, South East Asia, and Latin America. This funding round is going to be the fuel for our rocket ship.”
Bipin Shah, Partner at Titan Capital, said, “Learning another language can help individuals create new connections, advance in their careers, and express themselves in a better way. The global D2C language learning market will nearly double by 2025. We are excited to back the PingoLearn team as they innovate and create effective solutions for this fast-growing sector.”
PingoLearners have spent close to 3000 hours on the app since its inception in May 2021. The
app has a rating of 4.5 with 493 reviews on the Google Play Store. PingoLearn aims to build the
least boring app to master a language.
Source: Business World