Exclusive: Ed-tech startup Nactus raises angel funding

Pooja-Khandelwal-01Jaipur-based ed-tech startup Nactus India Services Pvt Ltd has raised an undisclosed amount from a group of angel investors, said Rohit Dusad, co-founder and CEO, Nactus. The round saw investments by Sandeep Aggarwal, managing director, Nomura; Gautam Chhaochharia, head of India, research, UBS; and R Balachandar, joint general manager, ICICI Bank, among others. Dusad, a […]

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Weekly roundup on startup funding

startup-data-(7)Only two startup funding deals were recorded in the week gone by, in the leanest spell for early-stage investment activity for at least six months. Delhi-based Notesgen Technologies and Precious Pet Services were the only companies that raised angel or seed funding. Ed-tech startup Notesgen raised $148,000 from GHV accelerator and other investors while Precious […]

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Ed-tech startup Byju’s buys student profile-builder Vidyartha

VidyarthaEd-tech startup Byju’s has acquired Bangalore-based learning guidance tool and student profile-builder Vidyartha for an undisclosed amount. Vidyartha offers customised guidance platforms to schools to help students of classes 8-12 with their learning needs. It works with schools to create academic profiles of students to highlight their learning style and the path they should adopt, […]

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Ed-tech startup Kleverkid winds up operations

ClosedOnline marketplace for tutors Kleverkid, which is backed by Aarin Capital, has halted operations, co-founder Shabnam Aggarwal wrote in her personal blog. “All we had to go on was what the pundits told us: You’re not making enough money fast enough. It was a good question. When I tried to answer it, I came up […]

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Ed-tech startup Byju’s raises $15 mn from IFC

For-Byju-Story-VC_ThinkstockPhotos-514236802Ed-tech startup Byju’s has raised $15 million from International Finance Corporation (IFC), the World Bank’s private-sector investment arm. VCCircle had first reported in July that Byju’s was close to raising between $25 million and $50 million for international expansion, and had named IFC as one of four potential investors. IFC had also made a disclosure […]

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Facebook shortlists ed-tech startup XPrep for FbStart programme

facebookTutor enablement platform XPrep, run by Epsilon Eduventures Pvt. Ltd, has been selected by Facebook Inc. for its FbStart programme. The programme, aimed at developers, is designed to help early-stage mobile-focused startups build and grow their apps. Under the programme, the company will receive $40,000 worth of credits and services from Facebook and its partners […]

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Online learning startup Math Buddy gets seed funding

Seed_funding_shah_feMath Buddy, a Vadodara-based online math learning startup, has raised an undisclosed amount of seed investment from Menterra Social Impact Fund. The company will use the funds to expand to low-income schools in India and strengthen teacher engagement and training, it said in a statement. Math Buddy, run by Concept Learning Technologies Pvt. Ltd, was […]

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Online learning startup Math Buddy gets seed funding

Seed_funding_shah_feMath Buddy, a Vadodara-based online math learning startup, has raised an undisclosed amount of seed investment from Menterra Social Impact Fund. The company will use the funds to expand to low-income schools in India and strengthen teacher engagement and training, it said in a statement. Math Buddy, run by Concept Learning Technologies Pvt. Ltd, was […]

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Vocabulary learning startup VoLT gets seed funding

VoLT fundingEd-tech startup VoLT, run by Edutainment Spearheads Pvt. Ltd., has raised an undisclosed amount of seed funding from YMS Mobitech, a tech-based distribution company. VoLT (Vocabulary Learning Technique) simplifies vocabulary learning process using creative teaching methodologies, mnemonics, anecdotes and colored pictures for better retention. “Through its informative and entertaining products, VoLT is fast becoming indispensible […]

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Technology customisation key for education, says panellists at VCCircle event

Panel-4--(1)_feStartups in India have been using technology to change the way education is imparted for the past couple of years but it remains to be seen if this is leading to effective learning for students, panellists at the News Corp VCCircle Education Investment Summit said on Friday. The panellists discussed how entrepreneurs are using technology […]

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