January 14, 2022 / by Taniya Saini / Funding, investment, News, Startup, StartupLanes
Games and e-sports streaming platform Rooter has raised $25 million in its Series A funding round led by Lightbox, March Gaming, and Duane Park, as well as existing investors such as leAD Sports and Health Tech Partners. 9Unicorns, ADvantage Sports Tech Fund, Capital-A, and Goal Ventures also participated in the round, Rooter said. The startup […]
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Edtech firm iNurture raises $15M to propel growth
May 10, 2022 / by Aditi Pathak / Funding, investment, News, Startup, StartupLanes / 0 comments
iNurture Education Solutions, an Edtech firm in higher education, has raised $15 million in a combination of debt and equity from ADM Capital, an investment firm with a focus on financing growth, cross border transactions, acquisitions and special opportunities across the Asia Pacific region. As part of this transaction, ADM Capital has also acquired Ventureast’s […]
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Edtech startup iNurture raises Rs 75 Cr in debt
April 25, 2022 / by Aditi Pathak / Funding, investment, News, Startup, StartupLanes / 0 comments
Edtech company iNurture, which provides higher education programmes in India, raising Rs 75 crore in debt. The Bengaluru-based company passed a resolution in their shareholder meetings to offer 1,500 non convertible debentures (NCD) at issue price of Rs 5,00,000 each to raise Rs 75 crore. The 13-year-old firm launched by Ashwin Ajila provides industry-relevant graduation […]
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Edtech startup Leverage Edu raises $22M in Series B round; valuation jumps to $120M
March 22, 2022 / by Aditi Pathak / Funding, investment, News, Startup, StartupLanes
Global study abroad platform Leverage Edu announced that it has raised $22 million in its Series B round of financing. The round saw participation from a consortium of funds, family offices, and individual angels. These included Kaizenvest Private Equity, DSP Mutual Fund Group, Artha Ventures, UAE-based NB Ventures, 9Unicorns; plus returning funds Blume Ventures, DSG […]
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BYJU’s valuation jumps to $22B; Founder Raveendran leads $800M round
March 12, 2022 / by Aditi Pathak / Funding, investment, News, Startup, StartupLanes
Edtech decacorn BYJU’s on Friday said it raised $800 million in its latest funding round, including a personal investment of $400 million by Founder Byju Raveendran. The round, which saw participation from Sumeru Ventures, Vitruvian Partners, and BlackRock, has valued the company at an estimated $22 billion. This is the first time that Byju has […]
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Edtech unicorn Emeritus raises $350M in debt from CPP Investments
March 8, 2022 / by Aditi Pathak / Uncategorized
Emeritus, the global platform in making quality education accessible and affordable to individuals, companies, and governments around the world, has announced that it has secured $350 million in debt financing from Canada Pension Plan Investment Board (CPP Investments) through its subsidiary CPPIB Credit Investments Inc. According to an official statement, the latest funding will be […]
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Rural social network startup Krishify closes $6.2M in pre-Series A round
February 22, 2022 / by Aditi Pathak / Funding, Interview, News, Startup, StartupLanes
Rural social network Krishify on Wednesday announced that it has closed $ 6.2 million in Pre-Series A round with the additional participation of agritech VC fund Omnivore, alongside existing investors Ankur Capital, Omidyar Network India, and Orios Venture Partners. Krishify had already raised $ 2.7 million in August 2021, and has now closed the Pre-Series […]
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Rooter raises $25M in Series A round
January 14, 2022 / by Taniya Saini / Funding, investment, News, Startup, StartupLanes
Games and e-sports streaming platform Rooter has raised $25 million in its Series A funding round led by Lightbox, March Gaming, and Duane Park, as well as existing investors such as leAD Sports and Health Tech Partners. 9Unicorns, ADvantage Sports Tech Fund, Capital-A, and Goal Ventures also participated in the round, Rooter said. The startup […]
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LEAD becomes unicorn after raising $100M
January 14, 2022 / by Taniya Saini / Funding, investment, Startup, StartupLanes
Edtech startup Lead has raised Series E funding of $100 million at a valuation of $1.1 billion. The first edtech unicorn of 2022 is also the first school edtech player to enter the coveted club. The round, led by WestBridge Capital. The round also saw the participation GSV Ventures. This is one of their largest […]
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Vidyakul raises undisclosed funds from Dholakia Ventures
October 19, 2021 / by Taniya Saini / edtech, Funding, investment, News, Startup, StartupLanes
Dholakia Ventures has invested an undisclosed amount in Vidyakul, a Vernacular after-school e-learning platform. The investment arm of Diamond King of Surat Savji Dholakia saw the potential and topped up the bridge round raised by the platform in early September 2021. Angel investors including- Gaurav Juneja, Saurabh Agarwal, and Puneet Mittal also participated in the […]
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Creative Galileo raises $2.5M led by Kalaari Capital
October 13, 2021 / by Taniya Saini / Funding, investment, News, Startup, StartupLanes
Creative Galileo, an edtech startup, announced that it has raised $2.5 million in a round led by Kalaari Capital Partners. Kalaari Capital has invested $2.1 million in the funding round. The round also saw participation from angel investors such as Harish Bahl, Shashin Shah, Jinesh Patel, Atul Nishar, Ashwin Puri, and Giridhar Malpan. Creative Galileo, […]
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