Hyderabad-based `Bhanzu' raises $15M to fight math phobia among TS students

Bhanzu, a global math learning platform based in Hyderabad, has raised $15 million Series A round led by global investment firm Eight Roads Ventures.

Neelakantha Bhanu, the World's Fastest Human Calculator, founded the company in 2020.

B Capital, another global investor, also contributed to this round. Bhanzu will use the funds to improve its technology infrastructure in order to provide an exceptional student learning experience and to strengthen its math curriculum with more interesting and outcome-focused content.

According to the National Achievement Survey 2021, math literacy among 5th-grade students in Telangana has been abysmally low. It is a mere 35% in terms of overall math performance.

Bhanu, who is a native of Hyderabad, was keen to develop a holistic math curriculum that will allow students to enjoy the subject like never before and excel in future careers be it, Science, Mathematics, or Engineering.

Shakuntala Devi's math records have been broken by Neelakantha Bhanu, the Founder, and CEO of Bhanzu. He made the entire country proud by winning India's first Gold Medal at the Mind Sports Olympics in 2020. Later, Bhanu founded Bhanzu, a math-learning platform dedicated to eliminating math anxiety.

"I believe that every child in the country is capable of learning math with the right learning methods. My math curriculum assists students in overcoming their fear of math while also inspiring them to pursue careers in fields such as Science and Engineering. From Aryabhatta to Ramanujan to Shakuntala Devi, India is a land of math legends, and Indian minds are capable of unimaginable competence. Bhanzu wants more Indians to realize their full mental potential, and math is the best way to do so. Every student can begin learning and loving math the right way with the help of Bhanzu math courses," he said

The company provides mathematics learning programmes for students aged 6 to 16 years old. It assists them in becoming four times faster and better at mathematics and, more importantly, laying the groundwork for students to develop cognitive abilities.

Neelakantha Bhanu personally curates Bhanzu's curriculum after extensive data collection and research across the globe over the course of four years, which revolves around questioning the very foundation of math learning by constructing a bottom-up approach.