GuruQ, a digital built-in platform connecting tutors and college students has raised an undisclosed quantity in seed funding from High Net Worth Individuals.
On the investment, Minal Anand Founder and CEO at GuruQ said:
This capital gives us additional resources to support our debut in the Delhi-NCR region. Based on this pilot run, we will also use the funds to accelerate our technology and product development and boost our marketing efforts not only in Delhi-NCR but also in other parts of the country especially Tier2/3 cities where a pressing need for quality educators exists.
Further explaining their plan of expanding the business, she added:
Our expansion plans are very exciting for our investors as they foresee a huge potential for our business model. We are all geared up to kick off a year of growth for GuruQ and its associates
Minal Anand founded GuruQ with an aim to fulfill the need for a single, simplified and cohesive ed-tech platform. She wanted a platform that can provide both online and offline tutoring. GuruQ not only connects tutors to students so that they can teach them but tutors have additional benefits such as they can gain more recognition.
Along with that, tutors also can manage time efficiently. With more recognition, tutors can have a significant increase in their earnings.
On the other hand, Students and parents can use the platform to search for tutors in their locality and can decide the tutor on the basis of past reviews and ratings. GuruQ also provides tutors with a ‘GuruQ certificate’ so that they can be distinguished from others.
This can help students and parents as they can pick reliable ‘GuruQ Certified’ tutor options for primary, secondary, higher secondary as well as undergraduate courses. GuruQ also helps students in managing their timetables and assess progress.
The seed funding received by the company is expected to be used in expanding their business in other areas of the country. Along with expanding the business, they are also aiming to enhance their technologies. The company will also put its efforts in product development and in the marketing sector.
GuruQ targets to achieve a database of 20,000 registered tutors within the first quarter.