The company said it will use the funding for product development, hiring senior leadership and for global expansion. The company had previously raised $3.7 million from Prime Ventures, FIITJEE and several angel networks. The company, which is growing 30% month-on-month, has coached students with more than one million classes across 13 countries. “We grew 45x over the past year and have plans to grow further by 30x over the next two years,” the company said in a statement. Apart from India, the company has presence across the US, West Asia and Europe. “The company will use the fresh funds to penetrate deeper into the existing markets and expand into new geographies,” said the statement. Founded in 2017 by Kunal Malik and Maneesh Dhooper, PlanetSpark is a platform that helps children become better communicators.