Enablers successfully raised an undisclosed amount of seed funding for Delhi-based edtech startup, CivilsDaily from Manoj Kumar of Malgharia Capital Advisors along with a few HNIs.
CivilsDaily was founded in 2015 by Shikhar Sachan and Rohit Pande. The startup aggregates and curates news items that are relevant for test preparation, from authenticated news sources and connects their backstory in full. The platform is an online education venture by Apeirogon and is available on Android platform where it has become the #1 app in terms of ratings and search rankings in its segment within a year of its launch.
An aspirant can also log on to the website and browse through material available from several of its categories, namely, Economics, Environment & Biodiversity, Geography, History, Polity, Science & Tech, Trivia and World Events.
The startup will use the money to expand its team and develop the product, besides exploring upcoming sectors of news consumption. A Hindi module for daily newscards, will be added to cater to an audience that does not have a reliable medium for preparation along with upgradation of content management system to release niche offerings in other sectors of news consumption.With CivilsDaily maturing as a platform, Apeirogon looks forward to expand and reimagine news and its communities by understanding news reading patterns across sectors.
CivilsDaily enlisted with Enablers in December 2015.
Enablers is a web based deal platform that facilitates start-up companies and small and medium enterprises (SMEs) to connect with HNIs, Angels and VCs for fund raising. It helps entrepreneurs become investor ready and handhold them through various stages of fund raising.
DealStreetAsia – http://www.dealstreetasia.com/stories/ed-tech-startup-civilsdaily-raises-funding-led-by-malgharia-capitals-manoj-kumar-33087/
Iamwire – http://www.iamwire.com/2016/03/funding-aahaa-civilsdaily-tinystep-migme/133258
Inc42 – http://inc42.com/flash-feed/civilsdaily-funding/
IndiaInfoline – http://www.indiainfoline.com/article/news-top-story/more-funding-snapchat-civilsdaily-arcatron-mobility-raise-funds-116030400516_1.html
Startup City– http://www.startupcity.com/news/delhibased-edtech-startup-civildaily-seizes-an-undisclosed-amount-for-product-development-nid-2607.html
TechStory – http://techstory.in/civilsdaily-raisesfunding-4032016/
TheInternet – http://theinternet.co.in/online-news-curator-civilsdaily-raises-seed-funding/
VC Circle – http://www.vccircle.com/news/technology/2016/03/04/online-news-curator-civilsdaily-raises-seed-funding
Nternet.in – http://nternet.in/online-news-curator-civilsdaily-raises-seed-funding
E27 – https://e27.co/edtech-startup-curates-news-test-preparation-bags-funding-20160304/
WikiNews – http://www.wikinewsindia.com/tag/civilsdaily/
Medianama – http://www.medianama.com/2016/03/223-funding-roundup-civilsdaily-vanitycube-mygubbi-more/