Education technology firm Techmaghi has received a funding of Rs 20 lakh from startup-supporting LJ Knowledge Foundation, according to PTI report. It would take forward the Kerala-based company’s mission to bridge the gap between industries and educational institutions through up-skilling courses that meet the demands of a modern workforce, a statement said here on Saturday.…
Tag: edtech startup funding
Edtech unicorn LEAD raises Rs 160cr in fresh funding
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•LEAD, India’s largest School Edtech, announced that established banks and marquee investors have backed its robust and sustainable business model with an investment of ~Rs. 160 Crores. LEAD’s latest round of funding was via a mix of long term capital from Alteria Capital and Stride Ventures, India’s marquee venture debt investors; and working capital financing…
Collegedekho bags $9 mn funding from Winter Capital
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•Edtech startup Collegedekho has raised $9 million from its existing investor Winter Capital Partners, according to PTI report. The startup is a college admissions and higher education services platform. Founded by Ruchir Arora, Saurabh Jain and Rohit Saha, Collegedekho was launched as a student guidance platform in 2015. It connects prospective students with colleges using…
Edtech startup Uolo raises $22.5 mn funding led by Winter Capital
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•Uolo Technologies, a communication platform for schools, said it has raised $22.5 million in a Series A round of funding led by Dubai-based growth-stage investment firm Winter Capital. Earlier in November 2020, the startup had raised $3 million seed funding led by Blume. Other investors included Morphosis Venture Capital, another Dubai-based fund, and existing investor…
upGrad raises $210 mn in a fresh funding round
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•Edtech unicorn upGrad announced it has raised $210 million in a fresh funding round from marquee investors. upGrad, in a statement, announced that it has raised $210 million in a round that saw participation from ETS Global, Bodhi Tree, Kaizen Management Advisors and others. Moreover, the founder group also invested $12.5 million in this round to…
Ed-tech start-up Geekster raises $1.30 mn pre-Series A round led by Inflection Point Ventures along with MyNavi Corporation and others
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•Career-focused Edtech Platform Geekster has raised USD 1.30 mn (INR 10 CR) in a Pre-Series A round led by Inflection Point Ventures with participation from MyNavi Corporation,Japan. Existing investors We Founder Circle and Ah Ventures also participated in the round. The brand has raised a total of USD 1.5 mn including the current round. The fund raised will…
Delhi-based edtech startup Mindler raises $ 1.5 mn in pre-Series A funding round
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•Mindler, leading EdTech platform for career guidance and planning, has raised its Pre-Series A round of $1.5 million from investor groups associated with Edupreneur Village, Ecosystem Ventures, Inflection Point Ventures, and Chennai Angels. Edupreneur Village has invested $200K through its partner nVentures, a Singapore based VC Fund. Edupreneur Village (part of Sri Aurobindo Society) is…
Edtech startup Filo raises $23 mn in Series A funding round
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•Filo, an instant live tutoring startup, announced it has raised $ 23 million in a Series A funding round led by Anthos Capital, according to ETtech report. Existing investor Better Capital along with GSV, Sapling Capital, and a host of well known individual investors including Gokul Rajaram, Rob Frohwein (cofounder Kabbage), Mate Pencz and Florian…
Edtech startup upGrad enters unicorn club, bags funding from Temasek, IFC, IIFL
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•Edtech major upGrad has closed a $185-million funding round at a valuation of $1.2 billion, thus entering the coveted unicorn club. Singapore’s Temasek Holdings Ltd, the World Bank’s International Finance Corporation and IIFL participated in the funding round. “We are pleased with the investor interest ever since we opened up for fundraise, and had our…
Ahmedabad-based Saarthi Pedagogy raises Rs7 cr in funding
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•Saarthi Pedagogy, an edTech startup that provides Technology Platform to integrate all segments of K-12 education for enabling stellar learning outcomes, has raised Rs.7 Crores in its first funding round. The funding was led by Ecosystem Ventures which invests in disruptive startups and helps them scale. LetsVenture, JITO Angel Network and other HNIs also co-invested…
Bengaluru-based edtech startup Spark Studio raises funds from Better Capital
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•Spark Studio, the extracurricular edtech startup, announced it has raised its first round of investment from Better Capital, according to YourStory report. The current financing will be used to invest in building a strong team to develop the tech platform to deliver a superlative experience and to develop best-in-class curriculum and content. Anushree Goenka, Co-founder…
Bengaluru-based Teachmint raises $16.5 mn funding led by Learn Capital
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•Edtech startup Teachmint said it has raised $16.5 million in Series A funding led by Learn Capital. Existing investors Lightspeed and Better Capital also participated in the round, along with CM Ventures. The startup will utilise the fresh infusion of capital for hiring talent, R&D on teaching technology, strategic acquisitions, and further market expansion. The…
E-learning platform Newton School raises $5 mn in Series A round
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•Newton School, the Bengaluru-based edtech startup, has raised $5 million Series A round of financing led by RTP Global. Existing investors Nexus Venture Partners, Prophetic Ventures and Unacademy co-founders Gaurav Munjal, Roman Saini and Hemesh Singh also participated in the funding round. Flipkart CEO Kalyan Krishnamoorthy, CRED’s Kunal Shah, Freshwork’s Girish Mathrubootham, Udaan’s Sujeet Kumar…
Learning platform Kyt raises $5 mn led by Alpha Wave Incubation
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•Kyt, an online-first, global academy for extracurriculars, designed by the best educators from around the world, has raised $5 million in a Series A funding round led by Alpha Wave Incubation. Sequoia Capital India’s Surge, January Capital, Titan Capital, and other angel investors also participated in the funding round. Kyt is the first Indian company…
Brainly raises $80 mn Series D round led by Learn Capital, others
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•Brainly, the world’s largest online learning platform from Poland, announced the successful completion of an $80M Series D round led by Learn Capital, Prosus Ventures, Runa Capital, MantaRay, and General Catalyst Partners. Till now, the startup raised a total of $150 million in funding. The startup will utilise the capital raised to bring new products…