ClassMonitor raises Rs 3.5 cr in pre-series A round from PATH India Ltd & Gulf Investors The ed-tech platform plans to use the funding to scale its current operations and significantly enhance its content, technology and marketing efforts by
Updated: May 19, 2021 12:10 PM
Homeschooling Edtech start-up ClassMonitor has raised Rs 3.5 crores as part of its pre-series A investment round from Indian construction company PATH India Ltd, UAE-based Calega family office investor group, and Sarvann, which is a group of Oman-based investors. The start-up will use the fresh funds to build its presence across other nations and strengthen its content and technology for the end-users.
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Homeschooling edtech startup ClassMonitor has announced on Wednesday to have raised INR 3.5 crore as a part of its pre-Series A investment round from Indian construction company PATH India Ltd, UAE-based Calega family office investor group, and Sarvann, which is a group of Oman-based investors.
The startup will use the fresh funds to build its presence across other nations and strengthen its content and technology for the end-users.
With a mission to provide holistic learning experiences using DIY kits for preschoolers and help parents keep their children away from the screens, the company was founded by childhood friends Vijeet Pandey and Vikas Rishishwar in 2016. Started as a messaging platform for parents and teachers, ClassMonitor pivoted in 2018 to a hybrid early learning tool that marries offline learning with digital cues and rewards. Essentially, the startup built
May 19, 2021
To use funding to expand, boost content and technology for end users
Edtech start-up ClassMonitor has raised ₹3.5 crore as part of its pre-Series A round from construction firm Path India Ltd, UAE-based Calega family office investor group and Sarvann, a group of Oman-based investors.
The start-up will use the fresh funds to build its presence across other nations and strengthen its content and technology for the end users.
To date, the company has raised ₹6 crore since its inception in 2016. As part of its angel round, ClassMonitor was backed by Piyush Jain, Chief Financial Officer of Al Hajri group, an angel investor who has invested in over 25 start-ups across the globe.
Indore-based Edtech start-up ClassMonitor raises INR 3 5CR Pre-series adgully.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from adgully.com Daily Mail and Mail on Sunday newspapers.