Tuesday, May 21

Tag: EduTech

TagHive raises $10 million in funding from South Korea based Joon Hyon
FUNDING

TagHive raises $10 million in funding from South Korea based Joon Hyon

New Delhi, July 8, 2020: Samsung Ventures-backed Edtech startup TagHive raises $10 million in funding from Complement Capital Managing Partner Joon Hyon. While the company did not disclose the amount of funding raised in the pre-series A round, sources said the amount ranged between Rs 3-5 crore. "Our efforts to develop the product in South Korea have paid rich dividends to us as we now cater to over 400 schools there,” Pankaj Agarwal, founder, and CEO of TagHive, said. Class Saathi, as a platform, has already been proven to be effective in India in collaboration with the governments of Uttar Pradesh and Madhya Pradesh, he said, adding that the startup will deploy the funds to strengthen its presence in these two states. The funds will also be used to rapidly grow the presence...
Board Infinity raises $320k funding from Angel Investors
FUNDING

Board Infinity raises $320k funding from Angel Investors

New Delhi, 8th July 2019: Board Infinity, an Ed-Tech Startup raises $320k (Rs 2.2 crores) in an angel funding from a group of angel investors. Founded in 2017 by Abhay Gupta and Sumesh Nair, Board Infinity provides short skilling courses delivered by industry experts in live classes format across emerging technologies, management roles. The startup will use the funds to improving the technology platform and expand its current learner base in Tier 2-3 cities.  Angel investors who invested in Board Infinity includes Mr. Ambarish Raghuvanshi Ex-CFO of Infoedge; Maheshwer Peri - Founder of Careers360; Vishal Soni & Ritu Soni - Founders of a Health & Wellness startup; Manish Gupta, Founder of UINCEPT- EdTech accelerator; Nirmal Singh, MD of Atraxn Ventures and founder of Wheebox ; ...
Fintech startup Propelld raises $2 million funding
FUNDING

Fintech startup Propelld raises $2 million funding

A strategic Education financing startup, Propelld which enables student education loan has raised $2 million in Series A funding from Stellaris Venture Partners and Indian Quotient. Propelld, a prominent name in a fin-tech startup was founded in 2017 by Bibhu Prasad Das, Brijesh Samantaray and Victor Senapaty. Based in Bengaluru, Propelld helps in financing education of students pursuing vocational training courses in areas like machine learning, hospitality management, etc. Propelld has a wide network of tie-up with around 150 educational institutes across India. They raised a seed series round from IAN in 2018. AAS Regina Legal, assisted Propelld through the entire lifecycle of deal commencing from structuring the transaction, drafting and negotiating the term sheet transa...
Unacademy Raises $50 Million in Series D Funding
FUNDING

Unacademy Raises $50 Million in Series D Funding

Bengaluru, June 26th, 2019 :  Unacademy, India’s largest learning platform, closes of its $50 million Series D funding round from Steadview Capital, Sequoia India, Nexus Venture Partners, and Blume Ventures. Aakrit Vaish (Co-Founder & CEO, Haptik) and Sujeet Kumar (Co-Founder & CEO, Udaan) also participated in the round, along with Unacademy Founders, Gaurav Munjal, and Roman Saini. Speaking to Pixr8 News, Co-founder and CEO Unacademy, Gaurav Munjal said, “We have more than 400 top educators from across the country taking live classes every day on Unacademy Plus. This is available to every student, irrespective of their location. By leveraging technology and high-quality educators, we aim to move closer to our mission of democratising education at all levels, starting with...