NextBillion - An Initiative of the William Davidson Institute at the University of Michigan

Bhanzu, an India-based math learning platform, announced Thursday that it has raised $15 million in Series A funding led by global investment firm Eight Roads Ventures.

Another global investor B Capital, also invested in the round from its Ascent Fund, Bhanzu said in a statement.

According to the statement, Bhanzu will utilise the funding to expand its business globally across multiple geographies, enhance its tech infrastructure to create an extraordinary student learning experience, increase its workforce, and strengthen its curriculum with more interesting and outcome-focused content.

Bhanzu also aims to develop curriculum in multiple languages to better cater to the various local audiences across Asia.

Photo courtesy of Jonathan Ernst.