ConveGenius raises $5 million to launch its conversational AI platform

Mumbai: ConveGenius, an edtech startup backed by Michael and Susan Dell Foundation, has raised $5 million in a pre-seed funding round led by BAce Capital, Heritas Capital and 3Lines Venture Capital.

The Dell Foundation too participated in the fundraising.

The capital will be used to launch ConveGenius.AI in India and global markets. The platform aims to expand its products on the WhatsApp ecosystem and other conversational AI-based channels horizontally, to service more customers across verticals and allow developers to launch their solutions on the platform.

“We believe this is the right time to take the product to millions of children by launching the direct-to-consumer version,” said Prachi Windlass, director at the Dell Foundation.

Founded by Jairaj Bhattacharya and Shashank Pandey in April 2013, ConveGenius aims to deliver educational content to children in 100 million middle- and low-income households in India. And with the launch of the AI platform, it aims to scale that to a billion homes globally. The Singapore-based startup claims to have at present 14 million monthly active users and 35 million daily conversations.

“We are excited to launch ConveGenius AI for democratising digital access to billions of users globally and make knowledge and content accessible with one-click experiences,” CEO Bhattacharya said.

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According to Janet Chia, head of venture capital at Heritas Capital, ConveGenius is well-positioned to fill the learning gap left by the Covid-19 pandemic. “We are pleased to support ConveGenius in their mission to further scale their impactful solutions, providing greater access to affordable quality education for all.”

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