WeSkill raises over $400,000 in pre-seed funding round

The round was led by Shrishti Sahu from Swadharma Source Ventures (“SSV”) and was supported by premier angels such Umang Vohra (MD and Global CEO, Cipla), Arpan Sheth (Senior Partner, Bain & Company), Nikhil Srivastava (Partner and MD, Head of India Private Equity at PAG), Renu Satti (COO, Paytm), Narendra Rathi (Investments VP, SoftBank Vision Fund) , Raj Shastri (ex-Partner, Kaizenvest), Sayan Ghosh (VC at International Finance Corporation) , Soonicon LLP (Managed by Former Fitso Founder’s), Mayank Gupta (Co-founder, Zopper), Aditya Pittie (CEO, Pittie Enterprises Group), Rajesh Razdan (Co-founder, Devtron Labs), and IIT Madras professors among others.

Founded by three IIM Ahmedabad alumni, Shaurya Joshi, Shashank Patidar, and Praneet Agarwal, in November 2020, WeSkill was started with the aim of solving the problem of inadequate access and infrastructure to extracurricular activities for children.

The platform will utilise the funding to advance its product offerings (launch new course categories and build new tech-enabled learning experiences), explore new channels for growth and build a team that can deliver on the platform’s vision to democratize holistic education for more than 270 million K12 learners in India

Speaking about her reasons behind this investment, Shristhi Sahu from SSV said, “Within edtech, the extracurricular segment in India is already a $5.8 billion market in 2021, and continues to expand at an 18% CAGR. The team is aggressively gaining marketshare by compounding 20% m-o-m in this large market by a product-first approach backed by solid execution and obsession with customers.”

The WeSkill platform currently offers courses and workshops for a wide variety of activities like Dance, Music, Arts and Chess, through live online and interactive classes delivered by professionally trained instructors. Since its inception, more than 40K parents have signed up for their courses and the platform has successfully delivered more than 1.5 million learner minutes of online classes.