The Bahrain Economic Development Board (EDB) has announced the signing of a memorandum of understanding (MoU) with Foundation Holdings, a healthcare and education investment firm with major investments in India and the Gulf including Mumbai-based Edutech firm Toppr, to invest Rs. 218 crore into launching its affiliate companies in Bahrain, including a new state-of-the-art medical…
Tag: Foundation Holdings
Mumbai-based GrayQuest raises $1.2 mn pre-Series A funding
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•GrayQuest, an education-focused fintech startup based in Mumbai, announced it has raised $1.2 million in a Pre-Series A funding round led by Foundation Holdings. The funding will be used to increase access to affordable education in India. Other investors that participated in the funding round include the Mahansaria Family Office, Jeejeebhoy Family Office, Ambit Capital…
Mumbai-based edtech startup Toppr raises Rs350 cr funding
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•Toppr, an education technology startup, announced that it has raised Rs 350 crore in a fresh round of financing led by Foundation Holdings, a global investment firm focused on building sustainable, industry defining companies in the GCC and India’s healthcare, education and consumer sectors. The company will use the proceeds from the Series D round…