Kochi-based startup ‘Entri’ has raised $1.7 million from a set of investors led by Good Capital.
With this funding, the startup closed its Pre-Series A funding round at a total of $3.1 million (raised $1.4 million in February).
The funding round also saw participation from several angel investors from Silicon Valley and India, including HyperTrack Founder Kashyap Deorah and Hari TN (Head of HR at BigBasket).
As per the startup, it plans to use the newly-raised fund to capitalize on the opportunity ahead and ramp up marketing.
Entri also wants to produce more content in the coming months.
This vernacular language learning platform for jobs said that 3 million users have used Entri so far (out of which 90,000 are paid users).
Entri is targeting to reach 10 million users in the next 18 months and is on track to reach five million users in 2020.
Talking about the platform, Mohammed Hisamuddin, Founder and CEO of Entri, said,
“Only five percent of all the people in the world have English as their first language. The rest have their own mother tongue like Malayalam, Tamil, Hindi, Arabic, etc.”
He also added,
“What we have experienced at Entri is that when we provide quality content in their mother tongue they understand and grasp it far better than English for obvious reasons. This is the problem Entri is solving, and the platform has so far seen users consume more than one crore minutes of video lessons and 27 crore questions practiced in local languages.”