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EdTech startup, ixamBee appoints retired CGM, NABARD, Mr CP Mohan as Senior Advisor- Career Guidance
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[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.
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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
[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.
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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.
New Delhi: ixamBee, a leading online learning platform, providing best-in-class technology-based learning solutions for competitive exams, onboarded Dr. Sanjeev Sharma, former Regional Director RBI as Senior Advisory – Career Guidance. He is also a visiting faculty at IIM Ahmedabad where he has taught Corporate Communication. With the inclusion of Dr. Sanjeev Sharma, ixamBee aims to groom the new generation of smart learners and provide career guidance to 5 million students preparing for various government/bank examinations.
With the onset of COVID-19 pandemic, many private companies laid-off their employees which resulted in a tremendous increase in the popularity of government jobs among the youth of our country. More than 5 crore students are preparing for such exams and most of them come from small towns and villages. . With recruitment exams starting again after a long hiatus during the lockdown period, EdTech startup ixamBee, due to its high-quality content, flexible lea
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