Avishkaar Box Raises 5 Cr Funding
New Delhi based education startup Avishkaar Box had raised Rs 5 crores in pre-series A funding from Auxano Deals. As per the data, the total equity dilute was around 20% and the deal values Avishkaar Box at around USD 4 million.
The company intends to use these funds to strengthen its presence pan-India and for a rapid expansion in Asia.
With this investment, founder and CEO, Tarun Bhalla, plans to propel Avishkaar Box to bring about a revolution in Science, Technology, Engineering and Mathematics (STEM) learning, not only in India but also in the Asian and middle-eastern markets, with an expansion.
"We have created a platform that inspires children to innovate. This platform has the power to continuously grow along with its user and give him/her super powers to continually innova...