Clapingo, a platform offering on-demand English tutoring services, has successfully secured an undisclosed investment in its recent pre-Series A funding round. Notable investors, including Biswa Kalyan Rath, Sandeep Aggarwal, Appurv Gupta, and Foundership HQ, contributed to this funding endeavor. The capital infusion is poised to bolster Clapingo’s platform, particularly in refining its fluency report system, which ensures users receive timely and accurate feedback.
A significant portion of the raised funds will be allocated to amplifying Clapingo’s marketing initiatives, aimed at broadening its user base and bolstering its presence in the market. The company envisions leveraging this investment to propel its growth trajectory and enhance its market impact significantly.
Established in 2021 by Sameer Agrawal and Abhishek KG, Clapingo serves as a pivotal platform for English language learners, fostering a conducive environment crucial for professional success across diverse linguistic domains. Through its innovative peer-led and tutor-led models, Clapingo facilitates user interaction and practice sessions, supported by an AI teaching assistant. Subscriptions to Clapingo’s services start at a monthly fee of Rs 999.
Operating presently in India and the Middle East, Clapingo has reported notable revenue figures, with approximately Rs 1.5 crore in 2021, Rs 8 crore in 2022, and Rs 14 crore in 2023. The company aims for substantial growth this year, targeting a revenue milestone of Rs 80 crore.