Math learning platform Bhanzu raises $15 million in Series A round led by eight roads

Math learning platform Bhanzu has raised $15 million in its Series A funding round led by Eight Roads Ventures, with participation from B Capital, which invested from its Ascent fund, and existing investor Lightspeed.

This is the second investment for the Hyderabad-based EdTech company in the past seven months. The company last raised $2 million in a seed round in February of this year.

The company plans to use the fresh capital to expand its operations globally across multiple geographies, improve its technology infrastructure to create a better learning experience for students, grow its workforce and strengthen its curriculum with more engaging and results-oriented content.

Founded in 2020 by the world’s fastest human calculator Neelakanth Bhanu Prakash, Bhanzu aims to eradicate math phobia and encourage careers in math and STEM fields among students around the world. It offers experiential math learning programs for students ages 5-16 to help them become 4X faster and better at math and build the right foundation for cognitive development.

Bhanzu’s curriculum was personally prepared by Neelakantha Bhana after extensive data collection and research over four years. Bhanu holds four world records and 50 Limca records as the world’s fastest human calculator.

According to Neelakantha Bhan, every student is capable of learning and loving mathematics if taught the right way. With the Bhanzu way of teaching math, the company aims to eradicate global math phobia, and with the latest funding, it envisions becoming the largest and most influential math education entity in the world in the next few years, he said.

According to its website, Bhanzu has trained more than 30,000 students through its range of courses.

Aditya Systla, partner at Eight Roads Ventures, said: “Low mathematics proficiency is a deep problem, caused by a lack of qualified teachers, low engagement and maths anxiety among students. We are very impressed with Bhanzu’s own pedagogy and curriculum, which result in superior learning outcomes, cognitive development and future readiness.”

With the latest round, Bhanzu has raised a total of $17 million, including $2 million in its first round from Lightspeed and a number of angel investors and founders of Indian startups such as Nitin Gupta (CEO of Uni), Maninder Gulati (Global Chief Strategy Officer at OYO ), Gaurav Munjal (CEO Unacademy), Kunal Shah (CEO Cred), among others.

about the author

Author: Stjepan Soulunii

Stjepan Soulunii

I’m not a student anymore, but I like to learn. He is not a teacher, but he cares about how students are taught. I’m not an educator, but I want everyone to be educated. I’m not a social worker, but I want to see change. I am not a reformer, but I always want to see a better world. The author believes that only quality education can bring a better future, a better world, and technology can help achieve a lot in this field.

Do you like what we do?

The latest EdTech news in your inbox

Follow us: