# PingoLearn Education Private

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/pingolearn-education-private

- Industry: Education/Training
- Headquarters: India
- Website: www.pingolearn.com
- Total disclosed funding: $0.3M
- Latest round: Seed (Nov 25, 2021)
- Investors on record: 2

## About

PingoLearn Education Private Limited specializes in innovative language learning solutions, utilizing artificial intelligence to enhance English speaking skills through interactive exercises and real-time feedback, catering to a diverse range of learners globally.Founded in 2021 and headquartered in India, PingoLearn Education Private Limited focuses on developing language learning tools. The company has secured one funding round, raising INR 20 million in a SEED round co-led by Titan Capital and AngelList India on November 25, 2021. The founders, Mohit Menghani and Shubham Maheshwari, have established a firm base in the language education sector with a current company valuation of INR 139.996 mn and total funds raised at INR 20 mn.PingoLearn offers an AI-driven language learning platform known as Lingopanda, which helps users improve their English-speaking skills through interactive speaking exercises and immediate feedback on pronunciation. The platform provides lessons crafted by native speakers, vocabulary expansion games, and a reading material library, targeting English learners ranging from students to professionals across over 150 countries, accessible on iOS and Android devices.In the most recent fiscal year 2023, PingoLearn recorded a revenue of INR 8,100.3 mn with an EBITDA of -INR 77,375.4 mn, reflecting its investments in product development and user acquisition.Following the INR 20 million SEED funding received in November 2021, PingoLearn plans to utilize these funds to expand its team, enhance content creation processes, and accelerate product development. The company is strategizing to roll out new features and products aimed at enhancing its educational offerings, with specific plans to enter additional international markets in the coming years.

## Funding rounds

- Seed, Nov 25, 2021, $0.3M — Titan Capital, AngelList India

## Investors

- Titan Capital — Seed
- AngelList India — Seed