# Avanti Learning Center

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/avanti-learning-center

- Industry: Education/Training
- Headquarters: Mumbai, India
- Website: www.avantifellows.org
- Total disclosed funding: $6.6M
- Latest round: Series B (Feb 13, 2016)
- Investors on record: 3

## About

Avanti Learning Center is an educational organization based in Mumbai, India, that provides extensive support services for high school students pursuing admission into top Science and Technology colleges.Founded in 2010 by Akshay Saxena, Avanti Learning Center operates in Mumbai, India. The organization specializes in educational support for underprivileged high school students, encompassing mentorship and test preparation services. Avanti secured a total of INR 30 million in Series C funding from The Michael and Susan Dell Foundation on December 21, 2020, bringing its total amount raised to INR 30 million and current valuation to INR 1,219.336 million.Avanti Fellows specializes in providing comprehensive educational support services aimed at high school students aspiring to gain admission to top-tier Science and Technology colleges in India. Their core offerings include free test preparation programs, mentorship, and career services that collectively enhance students' prospects for success in competitive examinations such as JEE and NEET. Since its inception in 2014, Avanti has focused on serving underprivileged students primarily through partnerships with government school systems, effectively addressing the barriers faced by these students in accessing quality education. The organization's impact extends across 29 states and union territories in India, significantly benefiting a diverse client base consisting of high school students from varying socioeconomic backgrounds. The end goal of Avanti's programs is to facilitate upward mobility and help students break the cycle of intergenerational poverty.In the most recent fiscal year, Avanti Learning Center recorded a revenue of INR 817,782.9, with an EBITDA of INR -103,814.1. The organization operates on a revenue model that primarily relies on partnerships with educational institutions and potential donors, focusing on providing free services to end-users.Avanti Learning Center aims to expand its offerings by designing new programs tailored for different educational needs, with plans to launch them by mid-2024. The organization also targets expansion into additional regions of India, specifically in underserved rural areas, by late 2024. The recent funding round will be utilized to enhance program development and facilitate outreach to a larger student demographic.

## Funding rounds

- Series B, Feb 13, 2016, $4.7M — The Michael and Susan Dell Foundation, Pearson Ventures
- Series A, Dec 5, 2014, $1.5M — Draper Richards Kaplan Foundation, The Michael and Susan Dell Foundation, Pearson Ventures
- Seed, Dec 6, 2013, $0.3M — Pearson Ventures

## Investors

- Pearson Ventures (https://capitalatlas.ai/funds/pearson-ventures) — Seed, Series A, Series B
- Draper Richards Kaplan Foundation (https://capitalatlas.ai/funds/draper-richards-kaplan-foundation) — Series A
- The Michael and Susan Dell Foundation — Series A, Series B