Learntron, a learning-productivity tech startup, raised an undisclosed amount from Kae Capital, a venture capital firm that focuses on seed-stage investment. The Chennai-based startup's customers include companies and educational institutions. It was founded by Subbu Viswanathan, an alumnus of IIT-Madras and Indian School of Business and a former McKinsey executive, along with Kuljit Chadha, also an alumnus of ISB who worked with Cleartrip and EY.
The duo said they exited their previous ed-tech venture by selling it to a European education fund, but declined to disclose any names citing confidentiality terms.
According to Viswanathan, who is also the company's chief executive, learning is equally applicable on corporate who have started to realise that it can be a strategic organisational lever to help improve business performance.
Kuljit Chadha, Chief Operating Officer, said, "While brick-and-mortar educational institutions are looking at new delivery models for learning, enterprises are also looking at mobile learning as a key driver of productivity."
The company recently launched sports courses in partnership with Baseline Ventures.
Learntron is a software-as-a-service company that provides a platform that can be used by companies with educational content. Its customers include companies like the Mahindra Group, Britannia, Scope International and Delhivery, and educational institutions such as TalentEdge,DPS Doha, Birla High School, Kolkata and GD Goenka Schools.
Shubhankar Bhattacharya, Venture Partner, Kae Capital, said, "What we saw in Learntron was a productivity enhancement and engagement product with global appeal and a clear validation of product-market fit."