Edtech startup Filo has raised $ 23 million in its Series A round led by Anthos Capital.
The round also saw participation from existing investor Better Capital along with GSV, Sapling Capital, and a host of well-known individual investors including Gokul Rajaram, Rob Frohwein (cofounder Kabbage), Mate Pencz and Florian Hagenbuch (founders, Loft) and Ross Lipson (cofounder, Dutchie).
The Gururam-based startup plans to use the fresh capital for product development, expanding the team, tapping new categories, and scaling its tutor base across the country.
Founded by Imbesat Ahmad, Shadman Anwer and Rohit Kumar, Filo claims that it connects students with India’s top 1% tutors in less than 60 seconds, any time during the day and night. Students get exclusive access to 1-1 personalised learning sessions through live video and voice calls.
The platform claims to have more than 1.5 million downloads and over 350,000 monthly active users. In the next 12 months, the platform plans to onboard over 200,000 tutors across India and conduct 2 million live classes every day.
The startup had previously raised a pre-seed round at the idea stage and then a $2 million seed round in September 2021 – both from Better Capital.