Qriyo Infolabs gets backed by Idein Ventures
Jodhpur, India | Red Newswire | Jan 29, 2016 Last Updated at 11:25 AM IST.
A fit and active lifestyle startup, Qriyo Infolabs has raised $160K seed funding from Idein Ventures, the early – stage VC firm.
As per the deal, Ashwin Srivastava of Idein Ventures will join Qriyo as director.
Rishabh Jain and Mudit Jain founded Qriyo in 2015 as a startup that offers a number of home courses about academics, co-curricular and fitness. The courses it offers are semi-customizable and are taught by trained instructors.
Mudit said, “A year ago I was searching for a yoga provider and even after endless search through aggregators and marketplaces, I could not find a suitable match. Only persons with very high motivation will go through endless jumble of phone numbers, demos and cancelled sessions to find a suitable instructor. The current market is lacking reliable provider for home based learnings, with Qriyo we wish to solve the problem in holistic way. We wish to make home learning convenient, reliable and affordable.”
The Jodhpur-based startup also aims at providing employement opportunities to individuals with skills. The startup is planning to expand to Bengaluru and Mumbai.
The company said it will use the funding to improve its technology and team.
Rajeshwar Prasad, Partner at Idein said, “Qriyo is not a curated marketplace or an aggregator like many other players in the market. It offers those services which it takes full responsibility for, and uses intelligent technology to control that. This makes it very interesting.”