Practically raises $4 Mn to expand its footprint across India
Hyderabad: Hyderabad-based startup Practically, a product of 3rdFlix Visual Effects Pvt Ltd, on Tuesday announced that it has raised $4 Million in a pre-Series B round to strengthen its market position in Andhra Pradesh and Telangana and gear up for pan India presence.
With this, the company has now raised $ 9 million as it had earlier raised Series A funding of $5 Million in 2019. These funds will be invested in expanding the operations of Practically.
Practically is an intelligent, interactive, and immersive learning app for students of classes 6-12 with a focus on STEM learning.
It is the only experiential learning app that brings learning alive through immersive videos, interactive augmented reality, and 3D simulations.
It offers an edge over other learning apps by enhancing conceptual understanding and improving retention of concepts with features like life-like video content, hands-on learning, experiential learning, 24×7 seek help with access to subject experts for doubt resolution, live classes, Proton – the AI assistant and study buddy and Coding++. 3,00,000+ students have already benefited from the engaging content on Practically.
“The recent round of funding will be utilized strategically to expand the market for Practically beyond Telangana and Andhra Pradesh. Our expansion plan includes establishing a footprint pan-India in the next 12 months. We are also aiming to expand operations in the Middle East and set foot into the US market in the near future,” said Ms. Charu Noheria, Co-Founder & COO, Practically.
