Edtech startup LectureNotes has raised Rs 2.5 crore from HNIs as part of its angel round. The fresh capital will be used by the Bhubaneshwar-based company to enrich its technology platform, expand its operations as well as focus on business growth.
The startup will also heavily invest the funds in building an AI-based system, current skills, and reading habits to help them concentrate better, setting a career path and helping them proceed on the same to build a successful career.
Ayush Agrawal, Founder of LectureNotes, said, “We are a platform for teachers to share notes and get connected with thousands of students all across. We have over 20,000 teachers and over one million users registered with us who use around 17 minutes every day on the platform, finding teachers, notes and contents to learn for the University based curriculum. We have generated over 3 million pages of contents and all of these are generated by uploads from the users themselves.”
Founded by Ayush Agrawal in 2017, LectureNotes is a community-driven platform where all the contents are offered and shared by the users themselves which are made available to students to read from, for free. It helps the students to learn and understand the concepts with better notes provided by the best of the faculties.
LectureNotes is further eyeing at serving close to 5 million students over the course of the next year.
“We want to be the way people in education connect and communicate, helping students, teachers and institutions come together to improve learning. We want to be the team to be instrumental in setting career paths for our users. We want to take the role of the personal mentor, using the AI to become the go-to person that every student need to guide him on a journey beyond just academics,” Agrawal added.
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