Math learning startup Cuemath raised $15 million (nearly Rs 102 crore) in its Series B round of funding from CapitalG (formerly known as Google Capital) and existing investor Sequoia India. The company said that the funds will be used to develop its learning system and to expand to more cities across the country.
India Educational Investment Fund (IEIF), an early-stage impact fund established by the Michael & Susan Dell Foundation (MSDF), has invested undisclosed amounts in ed-tech firm ChipperSage and job portal Select Jobs. ChipperSage Education Pvt Ltd offers English proficiency solutions that aim to improve school students’ comprehension and communication.Select Jobs, run by Select Jobs Pvt Ltd, is a job placement company for candidates at the bottom of the socio-economic pyramid, such as delivery boys, electricians, plumbers, etc.
MessaGif Inc, a New Delhi-based social messaging platform, has raised $50,000 angel funding from a unnamed Silicon-based angel investor.The company plans to use the proceeds raised in angel round for technology, marketing and R&D.
Border security startup CRON Systems has raised an undisclosed amount in a pre-series-A round from early-stage venture capital firm YourNest. CRON Systems will use the capital for research and development and for hiring talent.
Singapore-headquartered and Delhi-based data analytics firm Connaizen has raised an undisclosed amount in pre-seed funding from Umang Moondra, former managing director of Citigroup, Singapore.The startup is soon going live with four private banks and the money will be used to help expedite the integration.