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Language learning platform CultureAlley raises $6.5 mn from Tiger Global, Kae Cap, 500 Startups

Jaipur-based CultureAlley has raised around $6.5 million
from Tiger Global, with participation from investors such as Kae Capital and
500 Startups. 
According to regulatory filings made by
Intap Labs Pvt Ltd, the holding company of CultureAlley, Tiger Global partner
Lee Fixel has joined the board of the company.

Jaipur-based CultureAlley has raised around $6.5 million
from Tiger Global, with participation from investors such as Kae Capital and
500 Startups. 
According to regulatory filings made by
Intap Labs Pvt Ltd, the holding company of CultureAlley, Tiger Global partner
Lee Fixel has joined the board of the company.

According to a Economic Times report, the
startup had earlier received seed funding from angel investors Rajan Anandan,
Sunil Kalra and Kae Capital founder Sasha Mirchandani, who also serves on the
board of the company.

Co-founded by IIT-Bombay alumnus Nishant
Patni and Pranshu Bhandari in 2012, the startup launched its English language
learning application in October 2014. In eight months the English app has seen
three million installs on Android from India. 

“Our
aim is to become the de-facto English learning solution for millions of Indians
who are in the productive (working) age group,” Bhandari told the Economic
Times.

The Husband-wife duo Bhandari and Patni serve
on the board of the company. The company had earlier launched a range of games
and quizzes in languages such as Spanish, Hindi, Mandarin, and Punjabi. It is
now focused on its app – Hello English. 

“In
the next two years we want to become a household brand in the nation for
language learning. Once we nail India, we will look to other similar markets in
Asia,” Bhandari was quoted in the report as saying.

The company operates out of Jaipur with
about 17 employees and competes with global rivals such as DuoLingo, Memrise,
and Anki. 

Recently, Duolingo, an automated personal
tutor for students trying to learn a language, announced that it has raised an additional
$45 million in funding
. The latest round valued the Pittsburgh-based maker
of a popular language learning app at $470 million. 

 

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