Private Equity VC Fund Investments
Spoken English focused edtech platform Stimuler bags $3.75 M led by Lightspeed, SWC Global
Source Inc42 (opens in a new tab)
Lucknow-based edtech platform Stimuler has raised USD 3.75 million (around INR 31.9 crore) in its pre-Series A round led by Lightspeed and Singapore-based SWC Global. The round also saw participation from M Venture Partners, Rebright Partners, Force Ventures, gradCapital and Operators Studio.Stimuler plans to use the fresh capital to boost its in-house AI infrastructure, expand tech team and bolster distribution.Founded in 2022 by Akshay Akash, Akshat Baranwal, Ankit Kumar Pandey, and Anesh Srivastav, Stimuler offers a voice-first AI tutor to help speakers improve their English speaking skills. The startup claims to have users in more than 150 countries.