Despite the current challenges in the edtech sector, Bhanzu, an edtech startup, has secured INR 139 crore ($16.5 million USD) in Series B funding led by venture capital firm Epiq Capital. Mumbai-based Z3Partners, along with existing investors Lightspeed Ventures and Eight Roads, also participated in this round.

With this investment, Bhanzu aims to expand its presence in the US.

Founded in 2020 by Neelakantha Bhanu, Bhanzu provides a curriculum that enhances students’ math skills. This curriculum is built upon more than four years of research and data collection, offering a deep learning approach. Its AI-driven curriculum makes learning easier for students through interactive programs.