Practo raises $55 mn in Series D round led by Tencent

PractoDigital healthcare platform Practo has raised $55 million in Series D funding led by existing investor China’s Tencent. Practo Technologies Pvt Ltd, which runs a doctor-appointment site and offers an ad platform to clinics, hospitals and diagnostic centres, also saw participation from three new investors—Russian venture capital (VC) firm ru-Net, Japan’s Recruit Holdings’ investment arm […]

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Exclusive: Ed-tech startup Byju’s to acquire gaming apps in US for up to $30 mn

Byju Raveendran, founder and chief executive of Byju’sBangalore-based ed-tech startup Byju’s, incorporated as Think & Learn Pvt. Ltd, is scouting for acquisitions in the US to accelerate its international expansion. The company is evaluating a couple of gaming and learning apps that cater to the lower grades, starting from kindergarten. Byju Raveendran, founder and chief executive of Byju’s, told TechCircle that the […]

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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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EduAce raises $1M from mobile internet firm MoMagic

Team-EduAce--Gaurava-Yadav-Founder-&CEO,-Kalpana-Singh-Co-Founder,Pooja-Singh,Pranav,Huma-Iqbal,-Neha-Tewari,Shabnam-and-SnehlataEducation startup EduAce Services has raised $1 million (around Rs 6.6 crore) in seed funding from mobile Internet firm MoMagic. This could possibly be the first time that a Lucknow-based startup has raised such a big amount of money. The capital raised will be utilised to build more school learning programmes, in addition to expanding […]

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