E-learning platform Dhurina, owned and operated by Dhurina Ventures Pvt Ltd, has raised $1.2 million in its second funding round led by RCVF India Growth Fund, floated by Rajasthan Asset Management Company Pvt Ltd, and LetsVenture Technologies Pvt Ltd, the company said in a statement. RBD Publications, India Accelerator, Precision Startup Advisory, and Pai Ventures also participated in the funding round, reported VCCiRCLE.
The company will use the funds to enhance its technology and improve the product’s functionality for students. Dhurina had previously raised $135,000 from Chandigarh Angels Network and Modulor Capital, taking the total amount raised to $1.3 million till date, the statement said.
Launched in 2019 by Ajay Kumar Rathore, Sachin Sardana and Murai Singh, Dhurina is an online learning and competitive exam preparation platform, primarily focused on SBI PO, CGL, RPSC, RSMSSB, CHSL, Railway RRB & IBPS, SBI Clear.
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The company claims to have had 2.5 million downloads. Dhurina is looking to clock $10 million revenue by 2022-2023 (FY23) and have a user base of over 10 million. The company claims to have more than 150 educators across the country, and said it offers more than 350 courses for over 100 state-level competitive exam categories. The platform also has skill-development courses. Dhurina has live classes, recorded lectures, PDF notes, test series, doubt-solving sessions and short videos, the statement said.
“With these funds, we will now consolidate our position and spread to other big states of the country. Apart from expanding the company’s market at PAN-India level, we also plan to invest the funds in employee’s growth, scaling platform infrastructure and enhancing the product’s features,” said Sachin Sardana, Co-founder, Chief Executive Officer, Dhurina.