Saturday, November, 23,2024

Interval Learning Platform: A Kerala Edtech Startup Secures Funding and Gains Global Recognition

Kerala: Interval Learning Platform, a Kerala-based educational technology platform, is transforming the way students learn with its innovative approach. In 2021, five friends— Ramees Ali, Sanafir O K, Najim Illyas, Shibily Ameen, and Aslah Thadathil, founded Interval. The ed-tech platform is known for its personalised one-to-one learning experiences, tailored to the specific needs of each student.

Focusing on the K-12 sector, the ed-tech platform provides a wide range of academic and non-academic courses, covering over 1,000 options. Interval has quickly gained popularity, attracting students from over 54 countries, including a strong user base in both India and GCC countries.

Securing Funding for Robust Growth

Two years back, Interval surpassed a significant milestone by securing ₹2.25 crore in a pre-seed fundraising round two years back, with prominent angel investors from the UAE leading the investment. This highlights the growing international interest in the Indian ed-tech sector, which has been experiencing remarkable growth in recent years. 

Expressing excitement about the funding, CEO Ramees Ali stated, "We are thrilled to have secured this pre-seed funding, which will enable us to provide high-quality education to students across the K-12 segment. With the support of our investors, we are confident in our ability to transform the learning experience for children and empower them to reach their full potential."

International Recognition and Expansion

Interval is still young but it has expanded its reach and achieved impressive revenue of ₹8.02 crore in the previous fiscal year. The ed-tech brand plans to allocate its newly acquired funding towards strengthening the company’s technological infrastructure. 

Furthermore, using that funding, Interval will hire skilled tutors, and develop new educational content to enhance the learning experience for students. The ed-tech platform has been selected to participate in Finland's prestigious 'Talent Boost' project, initiated by the Ministry of Economic Affairs of Finland. Such a recognition highlights Interval's global impact and its commitment to innovation in education.

Transforming Trends in Edtech

Deviating from the conventional teaching options, Interval rises as the ultimate destination for quality education backed with the latest technologies. With a unique one-to-one live tutoring model, Interval ensures attention for each learner, setting it apart from traditional tech platforms. 

The company takes pride in its community of over 4,500 dedicated tutors and serves more than 40,000 students worldwide.

As the Interval Learning Platform continues to grow and expand its operations, it is set to play a significant role in shaping the future of education, both in India and internationally. With its headquarters in Areekode, Kerala, and plans for European expansion, Interval Learning Platform reflects the potential of innovative ed-tech solutions to transform the global education landscape.

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