ConveGenius Raises $5 Mn From BAce Capital, Heritas Capital And 3Line Venture Capital The learning platform aims at making quality education accessible for middle- and low-income groups across India and make quality education accessible to 100 million marginalized children in India

By Prabhjeet Bhatla

Opinions expressed by Entrepreneur contributors are their own.

You're reading Entrepreneur India, an international franchise of Entrepreneur Media.

Unsplash

ConveGenius on Tuesday announced that it raised $5 million in venture capital funding to launch its conversational AI platform, ConveGenius AI in India and global markets. The pre-seed round was led by new investors, BAce Capital, Heritas Capital, and 3Lines Venture Capital as well as an existing investor, Michael and Susan Dell Foundation.

"We are excited to launch ConveGenius AI for democratizing digital access to billions of users globally and make knowledge and content accessible with a one-click experience," said Jairaj Bhattacharya, chief executive officer, ConveGenius Group.

ConveGenius aims to expand its products on the WhatsApp ecosystem and other Conversational AI-based channels horizontally, to service more customers across different verticals and allow developers to launch their solutions on the platform.

"As schools were closed over prolonged periods during the pandemic, we believe that ConveGenius is well placed to tackle the learning crisis and gaps that have severely impacted students across India and in other emerging markets in the region. We are pleased to support ConveGenius in their mission to further scale their impactful solutions, providing greater access to affordable quality education for all," shared Janet Chia, head of venture capital, Heritas Capital.

ConveGenius' edtech use case has blitz scaled to 14 million monthly active users in India with 35 million daily conversations, catering to 10 different languages, and continues to grow at a rapid pace.

"ConveGenius has focused on the broad and hitherto unserved market of 235 million students who belong to the first-generation mobile internet users with households using smartphones and mobile devices for the first time. Its focus on mass-market users and democratization of personalized content distribution by building conversational user experiences for mobile devices has created a niche segment for innovation and value creation," commented Pallab Chatterjee, chairman, 3Lines VC Rocket Fund.

"The Dell Foundation first invested in the company in 2016 and we believe this is the right time to take the product to millions of children by launching the direct-to-consumer (D2C) version," added Prachi Windlass, director, Michael & Susan Dell Foundation.

The learning platform aims at making quality education accessible for middle- and low-income groups across India and making quality education accessible to 100 million marginalized children in India.

Prabhjeet Bhatla

Former Staff

Business Ideas

70 Small Business Ideas to Start in 2025

We put together a list of the best, most profitable small business ideas for entrepreneurs to pursue in 2025.

News and Trends

Atlys Acquires Artionis UK to Enhance European Visa Services

With this move, Atlys aims to simplify visa paperwork and provide faster services, with plans to expand into Germany and France soon.

News and Trends

India's Foreign Direct Investment Rebounds, But Net Inflows Remain a Concern

The services sector remained the top recipient, accounting for 19.1 per cent of total equity inflows in the first half of FY25.

Business Solutions

Get a Lifetime of Powerful PDF Tools That Won't Give You a PDF Headache

Banish frustrating PDF issues forever and just breeze through all of the old problems with editing, formatting, converting, annotating and more.

News and Trends

Probus Smart Things Closes USD 5 Mn Funding Led by Unicorn India Ventures

With the fresh funds, Probus aims to scale its smart grid communication tech, integrate AI into networking solutions, and expand dual communication modules for smart metering across multiple Indian states.

News and Trends

Meet the CEO, Visionary Behind the Future Growth Matrix

With over eight years of marketing expertise and three years of entrepreneurial experience, Çakmak has played a pivotal role in transforming corporate enterprises and startups.