Indian LMS edtech startup Saarthi Pedagogy closes pre-A funding round at $3.7Mn

Saarthi Pedagogy, an India-based edtech startup offering learning management solutions for educational institutions, announced recently that it has marked the final close of its pre-Series A funding round at $3.7 million (around Rs 30 crore). 

The round comprised of two tranches. In the first leg, the company raised $2.1 million from Prestige group’s arm Pinnacle Investments, while in the second leg it secured $1.6 million from GVFL Ltd and other high net-worth individuals. 

To date, the startup has raised $4.7 million in total funding. Saarthi plans to use the fresh capital for product development, hiring, content creation and in sales expansion. 

Founded by Sushil Agarwal in 2018, Saarthi Pedagogy offers learning management solutions for educational institutions to identify improvements in the learning outcomes of students.  

The startup claims to cater to 1,500 schools and 2,00,000 students and aims to grow the number to 5,000 schools and 8,00,000 students for the academic year 2023–24.  

"We are focused on solving the problem of 4.5 lakh budget schools that charge a fee between Rs 15,000 and 45,000. These are schools where affordability is a concern and students are value-conscious, but they also require a tech-driven learning solution to make a difference in their student's learning outcomes,” said Agarwal.