Astronomy-focused edtech startup, based in Hyderabad, Navars Edutech has announced that it has secured an undisclosed sum in angel funding round from Faad Network. Sravan Varma Datla, Navars Founder & CEO, noted, “Education is important to astronomy as it impacts both the recruitment of future astronomers and the appreciation of astronomy by citizens and country…
Edtech startup Hero Vired has announced the appointment of Satyajit Menon as Head of Human Resources. A statement informed, “Menon will be tasked with setting the tone for building a high-performance culture where goals and results are made transparent, the purpose is made clear to the organisation’s talent, engagement models are built to measure employee…
New Delhi-based Edtech startup Leverage Edu has raised $2 million from Trifecta Capital in a debt funding round. Speaking on the investment, Rahul Khanna, Co-Founder & Managing Partner at Trifecta Capital, said, “Leverage Edu is on a mission to democratize access to overseas education. It has scaled rapidly and has access to a global University…
Edtech startup Bambinos.live has announced that it has secured $500,000 in its seed round. The funding round saw participation from HNIs as well as angels, including Co-founder of Cure.Fit and CEO of Eat.Fit – Ankit Nagori, Co-founder and COO Xto10x – Neeraj Aggarwal, Director of Business Development, Netflix India – Abhishek Nag and MEL’s family…
Tekie, an edtech startup, has announced that it has secured $1.5 million in its latest funding round. The seed round was led by GSV Ventures and Multiply Ventures. The round also saw participation from Better Capital. The Bengaluru-based company informed in a statement, “the startup plans to utilise the funds to scale its operation to…
upGrad, South Asia’s higher education company, and EyeWay Vision has announced their partnership, enabling upGrad to become the first Indian edtech company with an enhanced AR-driven learning experience, according to a statement. EyeWay Vision Ltd, an Israeli company developing an innovative wearable augmented reality platform, will bring immersive augmented reality (AR) to upGrad learners. “Partnering…
Edtech startup Leap has raised $17-million in Series B funding round from Jungle Ventures and Sequoia Capital. “The Covid-19 pandemic helped the company build offerings to cater to the pent-up demand created last year as an overwhelming number of students deferred their international education plans,” said Vaibhav Singh, co-founder. “Demand is like never before in…
Quizizz – an Edtech startup with a presence in India and the U.S. – has announced a $12.5 million Series A funding round led by Eight Roads Ventures with participation from GSV Ventures, Rocketship VC and existing investors Nexus Venture Partners and Prime Venture Partners. Co-Founders Ankit Gupta and Deepak Cheenath tested the first version…
Scaler, an upskilling platform by InterviewBit that enables both students and working professionals to unlock their talent, announced the appointment of Naren Krishna as the Business Unit Head of Career. In his new role, Naren will be responsible for managing the entire Career division with an aim to position Scaler as the preferred destination to…
iNurture Education Solutions, a Bengaluru-based ed-tech startup that provides formal higher education programmes in India, announced that it has raised Rs 10 crore in debt funding from Mumbai-based new-age venture debt platform, BlackSoil. This is in addition to the undisclosed amount of equity capital the company is raising from its existing investors. The Ed-tech startup…
GetMyUni, a Times Internet-backed ed-tech start-up revolutionizing the college admissions space in India, announced that it has acquired online learning startup Avagmah from AEON Learning in an all-cash deal on June 18, 2020, according to a YourStory report. Post acquisition, GetMyUni will be using its existing distribution of a 40 million annual user base and…
InstaSolv, an edtech startup that provides AI/ML powered solutions where students can simply scan vernacular questions and receive instant step-by-step solutions, announced that it has raised $2 million in pre-Series A funding from undisclosed investors, according to YourStory report. The startup will utilise the fresh funding to expand the question and answer base to state…
Edvizo, an education-technology startup that acts as a marketplace for competitive exam institutes, announced that it has raised $150,000 in seed funding from Inflection Point Ventures. The infusion from IP Ventures marks the company’s first institutional investment, CNBC-TV18 reported. The startup said that it will use the capital to enhance its technological infrastructure, strengthen its…
Edtech streaming platform MasterClass recently announced that it has raised $100million in Series E funding round. The fundraiser was led by Fidelity Management & Research Company with participation from new investors including Owl Ventures, 01 Advisors. Existing investors NEA, IVP, Atomico, and NextEquity also participated in the funding round. Founded in 2015, the streaming platform…
Riding on the new wave of increasing user base and sharp growth in business revenues, edtech startups are now raising new funds to improve their services and expand into newer markets. Recently, Ahmadabad based edtech startup Pedagogy has raised $400,000, led by Inflection Point Ventures (IPV). Founded by Archin Shah along with Abhilash Sonwane and…