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24May By Sheldan RungasamyNo Comments

FUNDING

Ed-Tech E-commerce Raises Pre-Series A Funding

Edyoo, an e-commerce platform focused in selling school products, recently raised $1 Mn in pre-series A funding from RS Shanbag, Chairman and MD of Valuepoint Group. The funds raised will serve the purpose of product development, technology, marketing and expansion of team in its areas of operation. Edyoo was founded in June 2017 by Rakshit Kejriwal – who also co-founded DropKaffe -- and is an online marketplace that offers items destined to school children between the ages of four and 18, notably, uniforms, stationery, water bottles, and more. Additionally, the e-commerce platform offers several other value-added products and services, such as EMI on school fees, health check-up plans, insurance on education, sports packages and edutainment. Edyoo currently boasts a team of 30 e...

11May By Sheldan RungasamyNo Comments

FUNDING

Mumbai-Based E-learning Platform Raises $2.3 Mn Debt Funding

Toppr, the personalised e-learning and online test preparation platform, recently raised a debt funding round worth $2.3 Mn from Alteria Capial – a new investment fund launched by Ajay Hattangdi and Vinod Murali. The Mumbai-based company was founded in 2013 by Zishaan Hayath and Hemanth Goteti to assist students preparing for competitive entrance exams such as IIT, JEE Mains and Advanced, NEET, BITSAT, etc… The company provides e-learning solutions for students from 5th to 12th Grades in programs that includes questions, solutions, concepts, practice tests, and videos for app subscribers. “The Alteria team understands the needs of entrepreneurs and is sensitive to their requirements. Venture debt has been a very useful tool to grow our business without additional dilution and we are ...

Simplilearn Appoints Ashish Virmani as VP – Marketing and Categories

7Sep By PriyankaNo Comments

News

Simplilearn Appoints Ashish Virmani as VP – Marketing and Categories

Global ed-tech company Simplilearn has further strengthened its leadership team by the appointment of Ashish Virmani as Vice President – Marketing and Categories. Ashish will focus on driving growth for the business through integrated plans across marketing and category functions. Ashish comes with over 11 years of diversified experience across India’s fastest growing start-ups and established FMCG brands as well. He joins Simplilearn from FreeCharge where he was the Associate Vice President – Marketing. Prior to that, he used to head Offline Marketing initiatives at Flipkart. The appointment is the latest in a series of strategic hires by Simplilearn, as a part of building a strong leadership team for its rapidly growing presence in India, U.S and other markets. In March this year, t...

Ex-IAS Officer Led Startup Unacademy Raised $500,000

12May By AdityaNo Comments

FUNDING

Ex-IAS Officer Led Startup Unacademy Raised $500,000

Led by Ex-IAS officer, Unacademy a education technology platform has raised $500,000 led by Blume Ventures. Google's Rajan Anandan, CommonFloor founder Sumit Jain and redBus founder Phanindra Sama, among others has also participated. "Unacademy's vision is to distribute knowledge of the educators and innovators in the form of mini courses having lessons of not more than 10 minutes each," said Gaurav Munjal, CEO, Unacademy, who started the company along with 24-year old Roman Saini. "Delivery of education in India needs radical shifts," and Karthik Reddy,Managing Partner, Blume Ventures. "Unacademy is a manifestation of the team's vision to make all forms of educative material so intuitive and accessible that learning becomes extremely interesting and scalable," he added. ALSO ...