Ed-tech startup ConveGenius raises Rs 2 crore in fresh round of funding.
New Delhi, India | Red Newswire | Source: ET Bureau | 17 Nov, 2015 11:13 PM IST.
Noida and Singapore based Ed-tech start-up, ConveGenius said that it has raised Rs 2 crore in a fresh round of funding aided by ‘Enablers’, a web-based platform, connecting and facilitating fundraising transactions between investors and startups.
The investment comes as a pre-Series A round while the company prepares for the larger Series A round in the near future, the company said, adding that the capital raised from investors based out of India and South East Asia will be used for product enhancements and expansion of their technology and content aggregation team.
Founded in 2013 by Jairaj Bhattacharya and Shashank Pandey, alumni of IIT Hyderabad and the Young India Fellowship Program of Ashoka University, ConveGenius is an ed-tech company aimed at making learning affordable, fun and rewarding.
The aim is to provide access to educational content, and opportunities such as scholarships, career counselling and jobs to the masses by building products that are agnostic to vernaculars and the paying capacity of our users” said Jairaj Bhattacharya, Co-founder ConveGenius.
The company said that its products are focused on mobile based learning via technologies of gamification, adaptive analytics and intelligent content aggregation. It is ‘mobile-only’ with products focused on education and skill development for emerging markets via the power of smart-phones.
ConveGenius has reached out to more than 50,000 students in the last one and half year via their products. It recently launched an app, Battle of Minds, which is receiving aggressive organic traction for gamified learning.