Funding · Education & Skilling
Arivihan raises Rs 96 crore in Series A funding
By Startup Enthusiast ·
- Date
- Company
- Arivihan
- What it does
- AI-powered vernacular edtech platform
- Kind
- Funding
- Amount
- Rs 95.86 Cr
- Stage
- Series A
- Based in
- Indore
- Founded
- 2024
- Sector
- Education & Skilling
What they do
Arivihan runs an automated vernacular [local language] online education platform delivering interactive lessons and doubt resolution for school students
What happened
The startup secured Rs 95.86 crore in its Series A funding round co-led by existing backers Accel and Prosus
Why it matters
The fresh capital will support working capital requirements alongside business expansion and overall growth initiatives across target markets
The details
- Educational technology startup Arivihan secured Rs 95.86 crore (approximately $10 million) in a Series A financing round.
- Existing backers Accel and Prosus co-led the investment round by committing Rs 47.48 crore each.
- The company issued 4,648 Series A compulsory convertible preference shares at a price of Rs 2,06,248.06 per share.
- Angel investors including Dinesh Chandra Agrawal, Dinesh Gulati, Rajesh Sawhney, and Gaurav Kapur jointly contributed Rs 91 lakh.
- The transaction elevated the company valuation by 3.3X to Rs 570 crore compared to its previous funding round.
- Corporate filings indicate the fresh funds will finance working capital needs, geographic expansion, and overall corporate growth.
- Following the transaction, Accel India and Prosus will hold stakes of 23.54% and 18.57% respectively.
The bigger picture
- The transaction marks the second institutional fundraise for the two-year-old enterprise within a fifteen-month span.
- The previous pre-Series A round valued the company at Rs 171 crore with backing from Prosus and Accel.
- Revenue reached Rs 3.14 crore in FY25, registering an increase from Rs 21.29 lakh in FY24 while posting a net loss of Rs 4.45 crore.
About the business
- The platform provides automated online learning services tailored for students residing in smaller towns and rural regions.
- Academic offerings focus on board examinations and competitive test preparations including Class 12, CBSE, and NEET.
- Technology infrastructure utilizes open-source large language models to deliver automated lectures, custom practice sets, and doubt-solving assistance.
- Content delivery spans multiple regional Indian languages to accommodate learners facing language barriers.
- Monetization relies on digital course subscriptions offered at lower price points than traditional physical coaching centers.
What happens next
- Scale operations and support business expansion
- Meet working capital requirements
The deal
- Type
- Series A
Investors
Founders
- Ritesh Singh Chandel, CEO
- Sonu Kumar Prashant, CTO
- Rushabh Kothari, COO
About Arivihan
- Product
- AI edtech startup
- Customers
- School students preparing for board exams and NEET, especially in tier II cities and rural areas
- How it makes money
- Offers an AI-powered learning platform with automated coaching for students
- What sets it apart
- Fully automated AI-led coaching with interactive video lessons, instant doubt-solving, and AI study plans
Same day
- Air IQ files confidentially for Rs 1,000 crore IPO25 September 2026 · IPO · Rs 1,000 crore
- CARESY launches iOS app for hospital companions25 September 2026 · Launch
- CodeKarma in talks for $6 Mn round25 September 2026 · Funding · $5-6 Mn
- EDT opens offline with ten Mumbai stores25 September 2026 · Launch
- Gradeless AI signs Tata Indian Institute of Skills25 September 2026 · Partnership
- Rapido takes food app Ownly to Hyderabad25 September 2026 · Launch