Reportcard, a Dubai-based student management platform has closed a pre-seed round led by Kuwaiti venture capital firm Arzan VC. The size of the investment remains a mystery considering that neither of the parties involved has so far specified the financial details of the deal.
Reportcard was co-founded by Suraj Talreja, Anuj Chhabria, and Nitin Nandwani in 2017 as a cloud-based student management platform that enables educators of all types and sizes to adequately manage their students from an all-encompassing dashboard. The flexibility offered by the platform has made it a worthwhile choice for private tutors, colleges, schools, language centers, and pretty much any educational institute one might think of.
The Reportcard web app helps educators share lesson plans, schedule classes, organize inquiries, automate the invoicing process, process staff payrolls, and more. Additionally, it also provides helpful insights to educators about competencies and interest of individual students.
“Today, almost all our decisions are data-driven. Our Fitbits and Apple Watches tell us to run another mile to meet our daily health goals. Our banks alert us on our spending. We are also actively relying on business intelligence in our places of work. We wanted to extend the same convenience to students and educators, as there is plenty of unmined student information. We believe this could be groundbreaking in terms of having a happier workforce for tomorrow,” said co-founder Suraj Talreja in a conversation with the media.
The company plans on using the newly raised fund in boosting its growth momentum, while simultaneously improving its product based on user feedback.