education startup
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Franchise India Bureau Apr 23 2019 - 1 min readEruditus, the online education startup, grew its revenue nearly three times to around $69 million in the just concluded financial year. In comparison, Byju’s, India’s largest ed-tech startup, announced that it would plan to close FY19 with revenues of about $200 million. Byju's is operating largely in the K-12 education segment with millions of users, while Eruditus' ...
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Franchise India Bureau Sep 10 2018 - 1 min readThe edutech startup Imarticus Learning has raised $2 million in a Series B funding round from venture capital fund CBA Capital. The startup offers online and classroom-based educational teaching. Imarticus Learning will utilise the series B capital towards expanding its international operations in Dubai, Africa, and Manila and for establishing institutes in cities like Ahmedabad, ...
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Franchise India Bureau Jul 31 2018 - 1 min readPE Firm Gaja Capital, a major investor in the lower end of the middle market, has funded $25 million (Rs 171 crore) in Ahmedabad-based ed-tech firm Educational Initiatives Pvt. Ltd, a press statement from the company said. Gaja Capital had been in advanced talks to invest in the company, which uses machine learning and artificial ...
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Franchise India Bureau Jul 27 2018 - 2 min readBombinate Technologies Pvt. Ltd, which runs vernacular knowledge-sharing platform Vokal, has raised $5 million (around Rs 34 crore at current exchange rates) in a Series A round of funding led by Chinese venture capital firm Shunwei Capital. Bengaluru-based Vokal said in a statement that early-stage VC fund 500 Startups had also come in as a ...
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Franchise India Bureau Jul 24 2018 - 3 min readBengaluru-based skill learning platform Kidovators has raised seed investment of $180,000 (Rs 1.2 crore) from impact investor Gray Matters Capital’s edLABS initiative. M Chandrasekaran, board member at Sylvant Advisors and former corporate advisor to the Manipal Group, also participated in the funding round. The startup will use the funds to scale its programmes to over ...