Language learning startup Multibhashi raises capital from Japan’s RareJob
RareJob of Japan, which conducts online English tutorials, has made its first Indian investment in language learning platform Multibhashi, top executives at the two companies said. The value of investment was not disclosed.
“The proceeds would mainly be used in expanding the team, improving the technology, enhancing the product with new features and in acquiring new users,” said Anuradha Agarwal, who founded Multibhashi in 2016.
“The company aims to become a go-to player for anyone trying to learn English. It also plans to expand to other languages of India and its neighbouring countries.”
“We look forward to learning from the Japanese player’s experience of having scaled the product and the team in a competitive market. A few other investors are also going to participate in this round,” she added.