Social commerce startup Winuall raises Rs 17 crore in funding from Dream Incubator

Social commerce startup Winuall raises Rs 17 crore in funding from Dream Incubator
ETtech
Rate Story
Share
Font Size
Save
Comment
Synopsis

Winuall will use the capital raised in the round for hiring and expanding business.

ETtech
Graphic: Rahul Awasthi
Social commerce startup Winuall has raised Rs 17 crore in funding from Dream Incubator, Inflection Point Ventures, and Beenext, among others.

Founded in 2019 by Ashwini Purohit and Saurabh Vyas, Winuall provides tutors the tools to expand their business by sharing curated online courses.

Over the last six months, the company claims to have witnessed a 100% month-on-month growth, and sold over 35,000 courses in the last four months. More than 1,200 tutors have onboarded the platform.

“We are break-even and on track to make our marketplace business profitable in the next three months,” said Ashwini Purohit, chief executive officer of Winuall. “We are humbled by the massive adoption of our platform across India and we are now excited to double down on building the company.”

Purohit said his startup wants to build a platform for tutors that can make their job easier by providing them complete freedom to customise the courses.

The startup will use the capital to improve its tech stack and hire and onboard more tutors. It also aims to achieve a gross merchandise value (GMV) of $100 million by the end of next year.

Discover the stories of your interest

Experience Your Economic Times Newspaper, The Digital Way!

Read More News on

Stay on top of technology and startup news that matters. Subscribe to our daily newsletter for the latest and must-read tech news, delivered straight to your inbox.
...more

ETPrime stories of the day

7 mins read
6 mins read
3 mins read