Quizizz raises $3 mn in funding led by Nexus Venture Partners

Image
Press Trust of India New Delhi
Last Updated : Aug 09 2018 | 3:40 PM IST

Quizizz, an online learning platform, today said it has raised USD 3 million (over Rs 20 crore) in funding led by Nexus Venture Partners.

The funding, which saw participation from existing promoters Prime Venture Partners and angel investors, will support new products, a statement said.

The company has recently hit a milestone by passing the 10-million active user mark, it added.

Quizizz combines game-design elements with self-paced questions and instant feedback to help students learn. Teachers can use their own content or choose from millions of educator-created quizzes.

The company said its platform has seen a massive organic adoption in the US schools. Quizizz was founded by Ankit Gupta and Deepak Joy Cheenath in 2015 and its team is based in California and Bengaluru.

"Our mission is to motivate every learner. When we hear that a student initially struggled on a math assignment but then replayed it six or seven times because he/she wanted to improve, we know we're on the right track," Gupta said.

Ram Gupta, Managing Director at Nexus Venture Partners, said with Quizizz, teachers save time and students learn while having fun.

"It is a win-win, and that's why we've seen it adopted in more than 50 per cent of US schools with over 10 million students using it," he added.

Disclaimer: No Business Standard Journalist was involved in creation of this content

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Aug 09 2018 | 3:40 PM IST

Next Story