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Indore-based AI EdTech startup Arivihan is set to raise around INR 95.86 crore in Series A funding. The round will be led by existing investors Accel and Prosus. The fresh capital will be used for working capital, technology and business expansion.
According to a report by Entrackr, the company’s board has approved the issuance of 4,648 Series A CCPS. These shares have been issued at a price of INR 2,06,248.06 per share. The issue will help the company raise around INR 95.86 crore, equivalent to approximately USD 10 million.
In the funding round, Accel and Prosus will each invest around INR 47.48 crore. Angel investors Dinesh Chandra Agarwal, Dinesh Gulati, GSF Accelerator Founder and CEO Rajesh Sawhney and Gaurav Kapoor will collectively invest around INR 91 lakh.
AI Learning Model to Get Expansion
According to available estimates, Arivihan’s valuation in the new Series A round could be around INR 570 crore, which is approximately 3.3 times higher than the nearly INR 171 crore valuation recorded in the previous Pre-Series A round. This valuation is an estimate based on reported filings.
The company will use the new capital for working capital requirements, business expansion and growth. Moneycontrol reported in February 2026 that Arivihan was in talks with Accel and Prosus to raise a USD 10–12 million Series A round.
Arivihan had raised USD 4.17 million, or around INR 36 crore, in a Pre-Series A round in July 2025. The round was led by Prosus and Accel, with participation from GSF Investors. The new round reflects the company’s expansion in terms of both funding and valuation.
AI-Powered Personalised Learning for Students
Founded in 2024 by Ritesh Singh Chandel, Sonu Kumar and Rishabh Kothari, Arivihan provides an AI-powered personalised learning platform. The company focuses on making affordable and local-language digital learning accessible to students in smaller cities and rural areas.
Arivihan’s platform offers features for Class 10, 11, and 12 students, along with preparation-related offerings for board examinations and NEET. According to the company, these include AI-based interactive lectures, personalised learning paths, doubt support, practice sets, question banks and study plans. The company also focuses on making its services available in multiple Indian languages.
According to the company, its AI system can personalise content and learning paths based on a student’s pace and requirements, ask questions during lectures and help track progress. Arivihan also uses AI models for tasks such as doubt solving, personalised lectures and content generation.
Focus to Remain on Students in Smaller Cities
Arivihan’s model targets students who have limited access to offline coaching or quality educational resources available in larger cities. According to the company, its platform has been designed to provide affordable digital education to K-12 students in Tier-II cities and rural areas.
The company has also recorded strong early-stage growth in its financial performance. In FY25, Arivihan’s revenue increased nearly 14.8 times to INR 3.14 crore, compared with INR 21.29 lakh in FY24. However, the company reported a loss of INR 4.45 crore in FY25. The company has not yet filed its FY26 financial results.
According to available filing-related data, following the issue, Accel India will hold a 23.54% stake, while Prosus will hold 18.57%. Rajesh Sawhney, Dinesh Chandra Agarwal, Dinesh Gulati and Gaurav Kapoor will hold 1.71%, 1.32%, 0.96% and 0.66%, respectively. With the new capital, Arivihan will focus on scaling its AI technology and expanding its learning services to reach more students.
