[Funding alert] Govt exam preparation startup ixamBee raises $300K in seed round
With this infusion of funds, ixamBee will enhance its offerings by investing in technology for richer customer experience and in developing content for courses for various government jobs.
0 claps
Share on
ixamBee, an online government exam preparation platform specifically focused on rural and semi-urban students, said it has raised
$300,000 (Rs 2.5 crore) in seed funding.
The round was co-led by Jain International Trade Organisation (
JITO)
Mumbai Angels, a platform focused on new venture investing.
Existing investors including
Chandraprakash Joshi, Founder of ixamBee, said,
“Team ixamBee is going to immensely benefit from the experience and network of JITO Angel Network. We are thankful for the belief placed in us by our existing investors. We are confident that with their support, we will become a catalyst in the government exam preparation space while building synergies with on
Mumbai
Maharashtra
India
Narendra-shyamsukha
Chandraprakash-joshi
Makemytrip
Angel-network
Jain-international-trade-organisation
Mumbai-angels
Keyur-joshi
Ideal-lead
மும்பை
[The Turning Point] Why this banker decided to launch test prep startup ixamBee
The Turning Point is a series of short articles that focuses on the moment when an entrepreneur hit upon their winning idea. Today, we look at story of how test prep startup ixamBee brought together two bankers and a tech expert.
0 claps
Share on
Growing up in a village near Nainital in Uttarakhand, Chandraprakash Joshi wanted to crack a government job. He managed to, but recalls how the lack of guidance almost derailed his plans.
This sowed a seed in his mind, and later led him to launch Delhi-based edtech startup ixamBee to help the millions of students in India, who want to crack competitive exams but miss out on appropriate guidance.
Nainital
Uttaranchal
India
Delhi
Mumbai
Maharashtra
Uttarakhand
Odisha
Orissa
Susheel-ragade
Narendra-shyamsukha
Tarunima-sinha
When courts give tax breaks
Want this newsletter delievered to your inbox?
SUBSCRIBE
We ll soon meet in your inbox. / Morning Dispatch
startups have asked to be exempted from the so-called ‘
angel tax’. Now, a ruling by the Delhi High Court could protect all startups from this 30% tax, provided they stick to tried-and-tested ways of calculating their valuations.
Elsewhere in today’s letter: Incoming: Social media tax
Delhi High Court gives startups a (tax) break
It’s no secret that, for a variety of reasons, many startups are overvalued. But the Delhi High Court has refused to tar them all with the same brush.
China
Delhi
India
Mumbai
Maharashtra
Hyderabad
Andhra-pradesh
Singapore
Pravin-rao
Narendra-shyamsukha
Janhavi-nilekani
Infosys-esops
vimarsana © 2020. All Rights Reserved.