Edutech start-up ConveGenius raises Rs6 crore
New Delhi: ConveGenius, an education-technology company that offers mobile solutions for education, has raised Rs.6 crore from The Michael & Susan Dell Foundation, the company said in a statement on Wednesday.
“With the current investment, we seek to scale our operations, build on our existing archive of educational content by aggregating more exciting content providers across various languages,” said Jairaj Bhattacharya, co-founder of ConveGenius. The company also plans to strengthen its technology.
ConveGenius Edu Solutions Pvt. Ltd, that operates as ConveGenius, is backed by Ashish Gupta, founder and trustee of Ashoka University and former chief operating officer and global head of Evalueserve, in addition to other investors based out of Singapore, Malaysia and Australia.
The company previously raised Rs.2 crore in a pre-series round in November last year, Business Standard reported .
Founded in 2013 by Bhattacharya and Shashank Pandey, ConveGenius curates content from multiple companies like Mexus Education (Iken), StoryWeaver from Pratham Books, and Chipper Sage.
The company deploys technology for assessments and data analytics to track the progress of the students. Using data analytics, the company is able to provide customized learning recommendations.
“We are excited to be backed by MSDF (The Michael & Susan Dell Foundation) in our endeavors to reach 3 million children across India and other emerging markets by 2020, thus working towards bridging the gap between the availability and accessibility of good quality educational content,” said Bhattacharya.
Earlier in the day, Unacademy, which provides free educational courses by video, said it raised $1 million from Blume Ventures and other investors.