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Kuwait's UEC leads $4.1 million Series B round in India-based Eupheus


Kuwait’s UEC leads $4.1 million Series B round in India-based Eupheus
Eupheus Learning, a Delhi based leading B2B edtech company has raised $4.1 million in Series B funding round led by United Education Company (UEC); Kuwait’s leading company in the education sector and Al Rayan Holding Company (ARHC) in which UEC holds a majority stake.
Eupheus will use the new capital for organic expansion in domestic markets largely in home learning solutions leveraging on creating depth in customer acquisition through its school ecosystem.
International expansion will be a focus area starting with the Middle East and foraying into other markets like Sri Lanka and Bangladesh. The company will also pursue inorganic growth opportunities through acquisitions. ....

Sri Lanka , Prakash Khatri , Sarvesh Shrivastava , Amit Kapoor , Shaikha Dana Nasser Al Sabah , Al Rayan Holding Company , United Education Company , Middle East , Eupheus Learning , Ved Prakash Khatri , World Book , ஸ்ரீ லங்கா , பிரகாஷ் கற்றி , சர்வேஷ் ஸ்ரீவாஸ்தவா , அமித் கபூர் , அல் ராயன் வைத்திருத்தல் நிறுவனம் , ஒன்றுபட்டது கல்வி நிறுவனம் , நடுத்தர கிழக்கு , வேட் பிரகாஷ் கற்றி , உலகம் நூல் ,

Edtech startup Eupheus Learning raises $4.1 million from Kuwait-based firms


Edtech startup Eupheus Learning raises $4.1 million from Kuwait-based firms
The Indian edtech market is expected to grow 3.7 times to become a $10 billion opportunity by 2025, says an expert.
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BENGALURU: Edtech startup Eupheus Learning has raised $4.1 million in a Series B funding round, led by Kuwait-based United Education Company (UEC) and Al Rayan Holding Company (ARHC) in which UEC holds a majority stake.
Last year, the four-year old, Delhi-based firm raised $4.3 million in equity and debt funding led by Yuj Ventures, the family office of Sid Yog, founding partner of The Xander Group.
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Eupheus Learning lands $4.1 million in funding


Eupheus Learning lands $4.1 million in funding
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Last Updated: Feb 15, 2021, 12:40 PM IST
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Synopsis
The Delhi-based startup said it will utilise the capital to grow its business organically in India with a focus on supplemental at-home learning solutions.
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Illustration: Rahul Awasthi
Eupheus Learning, a business-to-business education technology company, has raised $4.1 million in Series B funding led by Kuwait-based United Education Company (UEC), as it looks to expand its presence into the West Asia market.
The round also saw participation of AI Rayan Holding Company in which UEC holds a majority stake.
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Indian edtech startup Eupheus snags $4.1m from Kuwait's UEC, Al Rayan


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Singapore Reporter/s
In Singapore, we are looking to double our reporting team by this year-end to comprehensively cover the fast-moving world of funded startups and VC, PE & M&A deals. We want reporters who can tell our readers what is really happening in these sectors and why it matters to markets, companies and consumers. The ability to write precisely and urgently is crucial for these roles. Ideal candidates must have to ability to work in a collaborative, dynamic, and fast-changing environment. We ....

Sri Lanka , Sarvesh Shrivastava , Sid Yog , Shaikha Dana Nasser Al Sabah , Xander Group , Al Rayan Holding Company , United Education Company , Eupheus Learning , Kuwait Based United Education Company , Yuj Ventures , West Asia , Dana Nasser Al Sabah , ஸ்ரீ லங்கா , சர்வேஷ் ஸ்ரீவாஸ்தவா , சீட் யோக் , க்ஷண்தேர் குழு , அல் ராயன் வைத்திருத்தல் நிறுவனம் , ஒன்றுபட்டது கல்வி நிறுவனம் , குவைத் அடிப்படையிலானது ஒன்றுபட்டது கல்வி நிறுவனம் , யூஜ் முயற்சிகள் , மேற்கு ஆசியா , டானா நாசர் அல் சபா ,