Portfolio Review: Why we invest in eJoy and our take on education
Summary
These are the few notes we took about the future of education: With the availability of information, learners are taking control of their own learning experiences, and teachers become more like mentors guiding along the way. EJoy put foreign language back to its most fundamental function: as a key to enter the world, unlock learning materials or entertainment content in video format. This active approach to language learning has shown great improvements for intermediate learners which results in over one million users worldwide, 80% of them coming to eJoy organically! Looking into the future, eJoy will expand this learning methodology to other languages and explore the beginning-level learner group.What strikes us when we first met the founding team is the passion they have for education and product development. This is also the first female-led startup in our portfolio and Im so excited about that!We are more than happy to get on board BK Fund from Hanoi University of Science and Technology (HUST) as a co-investor in this round.