Byju's-owned Aakash's former CEO Aakash Chaudhry is making a comeback into the Indian edtech landscape with the launch of online learning platform Sparkl.
The new edtech venture has raised seed funding from Rainmatter, the fund led by Nithin Kamath, co-founder and chief executive of Zerodha, and Deepinder Goyal, founder-CEO of Zomato, Chaudhry told Mint without disclosing the size of the investment.
"We will allocate the funds raised into three major areas: hiring top talent, both teaching and non-teaching; investing in technology, especially around AI; and marketing efforts to get the message out," he said.
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