Interval, an EdTech platform that provides personalized, one-to-one learning for K-12 students, has recently received an investment of INR 2.25 crore from prominent angel investors in UAE. This investment round is a testament to the growing international interest in the Indian EdTech space.
Founded in 2021 by five youngsters- Ramees Ali, Sanafir O K, Najim Illyas, Shibily Ameen, and Aslah Thadathil, Interval provides personalized classes to children in the K-12 sector (from kindergarten to plus-two). With a team of experienced and passionate educators, the startup seeks 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.
Speaking about the investment, Co-founder & CEO of Interval, Ramees Ali, said: “We are thrilled 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.”
The pre-series funding will be primarily used to strengthen technology infrastructure, onboard more skilled teachers, and develop new educational content to enrich the learning experience for students further. In a short period of time, the company has expanded its customer base to over 30 countries, including India and GCC countries. Additionally, the K-12 EdTech startup has achieved revenue of ₹8.02 crore in the last fiscal year.
Interval is a great example of the potential of EdTech in India and the confidence investors have in the EdTech space. As the company continues to grow and expand its operations, it is well-positioned to play a key role in shaping the future of education in India.
