Edtech startup GUVI raises $786k in Pre-series A funding
GUVI, a startup incubated by IIT Madras and CIIE.CO-IIM Ahmedabad has raised $786k in its Pre-series A round of funding from Education Catalyst Fund, an education-focused venture capital fund managed by CBA Capital.
CIIE.CO is a startup incubator established by IIM Ahmedabad.
An integrated ed-tech platform providing course contents in vernacular languages as well, GUVI has presence in over 1,000 engineering colleges.
"We will use the capital raised in this round to scale up operations, introduce newer courses in more vernacular languages and expand our geographical presence for our blended (offline+online) learning program ''Zen class''," S.P. Balamurugan, Chief Executive Officer, GUVI, said in a statement.
"During the lockdown, we are experiencing a huge surge in number of peo...