Zenith secured $1.4 M Seed funding from Trihill Capital to enter in edtech
In order to enter the edtech market, Zenith Learning Group, which runs offline tutoring centres in Singapore, has raised US $1.4 million in seed funding from Trihill Capital.
Despite the Covid-19 pandemic, the company, which was founded in 2019, has expanded into six centers that now serve 3,000 students in the city-state.
Other investors include Ascend Angel Network, Trihill Capital, East Ventures, Orvel Ventures, and One Leaf Capital.
Zenith, which aims to provide “Singapore-quality education to those who can’t afford it,” says it wants to devote more money to team expansion and edtech product research and development.
Zenith Academy+, a hybrid learning program that combines physical centers and an online gamified platform to let parents monitor their children’s academic progress using data-driven insights, is about to be released by the company for primary students.
Instead of concentrating solely on one vertical, an increasing number of edtech companies are turning their attention to hybrid learning. An Indonesian edtech company called Zenius recently declared that it would resume its pre-pandemic strategy of giving priority to offline learning.