Ed-Tech Startup Raises $7.5 Million Investment As Series A-Funding
Founded by Jhunjhunwala and Nikhil Naik, the ed-tech start-up raised $7.5 million in Series A funding. The CEO said, they will use the investment to scale up and accelerate hiring across the teams in multiple geographies. Furthermore, it was recently listed by HolonIQ on its annual list of the 100 most promising EdTech start-ups from India & South Asia. The company will also enhance education for students with new investments.
Tags: Investment, Ed-tech, Series A Funding, New Companies, Indian Company
Courtesy: Business Insider
TraceX Mints $1 Mn In Pre-Series A Funding
In the pre-series A funding, TraceX, an agritech startup company, raised $1 million, which is approximately Rs 7.5 crore. The pre-series A funding was led by Nabard-backed NABVENTURES fund. "The newly raised capital will be used towards scaling up operations across geographies in India," said TraceX in a statement. TraceX is led by a blockchain-powered traceability platform that enhances supply chain and maximises long-term value for… read-more
Tags: TraceX, Agritech, Startup, Series A Funding, NABARD
Courtesy: Live Mint