Pune-Based EdTech Beep Raises $850K for AI Platform
Beep, a Pune-based EdTech startup, has raised $850,000 in a Pre-Series A round. The company will use the capital to scale its AI-powered career platform and expand its college partnerships. Beep's focus on employability and AI-driven career matching places it at the intersection of EdTech and HR technology.
- The Pre-Series A round brings Beep's total funding to $1.5 million and was backed by investors including Knowhere Ventures LLC, Pacific Global Solutions Limited, and LeadAngels FLV, with participation from angel investors Vipul Prakash, founder of wowJobs, and Sandeep Johri, CEO of Checkmarx. - Founded in 2021 by Saurabh Mangrulkar, Rakhi Pal, and Yogesh Nogia, the company aims to provide students in India's Tier 2 and Tier 3 cities with the same level of career access and opportunities available to those in Tier 1 locations. - Beep's product ecosystem includes B2B offerings relevant to HR tech, such as UniBeep, a tool for institutional placement management, and BeepHire.ai, which automates fresher recruitment using AI. - The platform currently reports a user base of 6.5 million, with partnerships established with over 1,500 colleges and 7,800 hiring companies across India. - Since its launch, Beep has facilitated over 30,000 placements, internships, and gig work opportunities for students and early-career professionals. - The new capital is earmarked for specific growth targets over the next nine months, including onboarding an additional 150 colleges and expanding its portfolio of more than 28 job-ready certification and internship programs. - Beep's AI-driven tools for users include a personalized career roadmap generator, an ATS-friendly resume builder, and an AI-powered mock interview tool that provides instant feedback. - The Indian EdTech market, valued at over $10 billion in 2024, is projected to grow to nearly $29-$50 billion by 2030-2035, with a growing focus on the link between education and employability.
