The fresh capital will help the Mumbai-based company to fuel growth and make significant investments to its core AI-based technology and product stack.
Skilling platform Caymus Technology Ventures (Caymus) has raised Rs 1.2 crore in an angel round from a clutch of angel investors from India and the US. The fresh capital will help the Mumbai-based company to fuel growth and make significant investments to its core AI-based technology and product stack.
The round has also seen participation from Rob Solomon, Silicon Valley technology leader. He will join the advisory board as a mentor to the Founder and CEO.
Founded in 2018 by Kavita Mehta, Caymus is a leading education platform for global university and MBA placements.
Kavita Mehta, Founder and CEO, Caymus, said, “Today there are many online platforms that bring instructional content from universities and organizations to learners’ personal space, allowing them to upskill while working. Such players have cracked open the ed tech market in a big way. Now, however, there is mass confusion over which courses to opt for. Traditionally, we have relied on guidance from friends and family or seniors at work. On Lore, we leverage AI so that candidates can make their own informed, right-fit decisions about the skills they want to add to their portfolio.”
Rob Solomon, CEO of San Francisco-based crowdsourcing platform GoFundMe and Caymus investor, stated, “I have known Kavita for over two decades and have worked closely with her at two global companies. This long-standing association gives me confidence that she possess the right skill sets, range of experiences and global network to make an impact at scale.”