Bluelearn raises $3.5 mn in seed funding from Elevation Capital, Lightspeed

Titan Capital, 2am VC, a few angels also invested; Bluelearn, which began as telegram channel for students, has over 150,000 members from 5,500 colleges and startups across 20 countries

bank, credit, growth, loans, funding, capital, cash, m&a, payment
Aryaman Gupta New Delhi
2 min read Last Updated : Feb 08 2023 | 5:11 PM IST
Social learning start-up Bluelearn has raised $3.5 million in a seed-funding round led by Elevation Capital and Lightspeed. The round also saw participation from Titan Capital, 2am VC, along with angel investors Vidit Aatrey and Sanjeev Barnwal (Meesho), Awais Ahmed (Pixxel), Vivek Mohan (Private equity), and others.

This is in addition to the previous rounds led by Lightspeed and 100x VC.

The company plans to use the funds to further strengthen the product and team as well as to grow their community user base by 10x within the year. The brand says it is actively hiring across functions such as product, tech, marketing, and operations and plans to almost double the team size by the end of the year.

“With the new capital we plan on accelerating our market expansion to newer and previously untapped markets in India and globally. By strengthening our core tech and product teams we will continue building impactful products that help people grow in their careers and lives, Shreyans Sancheti, Co-founder, Bluelearn.

Founded in 2021, Bluelearn started off as a telegram channel for students to help each other with common questions. Today, the firm claims their app has over 150,000 members from over 5,500 colleges and startups across over 20 countries and is growing 30 per cent month on month organically.

“Bluelearn is uniquely building both a social network and a learning destination by bringing together communities of young learners, anchored around shared interest areas. We envision that Bluelearn will be the social learning destination for networking, upskilling and discovering the first employment opportunity for Gen Z,” said Amit Aggarwal, Principal at Elevation Capital.

Rohil Bagga, Investor at Lightspeed added, “Over the last couple of years, the platform has grown to become one of India's largest digital communities of students, presenting its members with unique opportunities to learn new skills, connect with like-minded folks and participate in the formal workforce via gigs & internships. We feel excited to continue supporting the incredible team at Bluelearn in their mission to redefine the digital learning landscape!”

One subscription. Two world-class reads.

Already subscribed? Log in

Subscribe to read the full story →
Subscribe to Business Standard digital and get complimentary access to The New York Times

Quarterly Starter

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

Save 46%

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

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

Access to Exclusive Premium Stories Online

  • Over 30 behind the paywall stories daily, handpicked by our editors for subscribers

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

Topics :fundingsMeeshoStartup India

Next Story