Clapingo, an innovative on-demand English tutoring platform, has successfully raised an undisclosed amount in a pre-Series A funding round. The investment comes from an impressive roster of notable investors, including comedian and writer Biswa Kalyan Rath, entrepreneurs Sandeep Aggarwal (Droom and Shopclues), Appurv Gupta (comedian and satirist), and Foundership HQ.
The newly acquired funds will be strategically allocated to enhance Clapingo’s product offerings, with a particular focus on developing a sophisticated fluency report system. This system aims to provide users with timely and accurate feedback on their progress, ensuring a more effective learning experience.
Additionally, Clapingo plans to invest in marketing efforts to attract a broader audience, thereby significantly expanding its user base. This growth strategy is expected to drive the company’s expansion and bolster its presence in the competitive market.
Founded in 2021 by Sameer Agrawal and Abhishek KG, Clapingo offers a comprehensive English learning platform designed to foster a supportive environment for language practice. This is crucial for professional success in diverse linguistic landscapes. The platform features both peer-led and tutor-led models, enabling learners to connect and practice with each other through an AI teaching assistant. Subscription plans start at an affordable monthly fee of Rs 999.
Currently operational in India and the Middle East, Clapingo has shown remarkable growth since its inception. The company reported revenues of approximately Rs 1.5 crore in 2021, which surged to Rs 8 crore in 2022 and Rs 14 crore in 2023. Looking ahead, Clapingo is ambitiously targeting Rs 80 crore in revenue for the current year.
With this latest funding round, Clapingo is poised to enhance its platform’s capabilities, attract a wider user base, and continue its impressive growth trajectory in the online English learning space.