Zotalabs raises $100,000 in Seed funding round

Pune: Zotalabs, an education-technology startup focussed on the K-12 segment, has raised $100,000 (around Rs 72.63 lakh) in a seed funding round from a clutch of investors.

Participating investors in this round include Alfa Ventures’ Dhianu Das, TransUnion CIBIL’s Bhavesh Jain, Value Unlocked Sandeep Jain, ISS Thailand’s Deepak Goyal, Gen Real Property’s Ankur Shrivastava, and PayPal’s Vatsal Jain.

Zotalabs, operated by Zotalabs Pvt Ltd, was set up by co-founders including company CEO Wasim Khan. The startup says it aims to provide students access to K-12 education globally through multiple educational institutions and a blended learning experience.

The company will use the capital raised in this seed round team and product development, product growth, and enhancing its technological infrastructure. It will also expand its presence across Southeast Asia.