BENGALURU: Education technology startup Eupheus Learning is in advanced talks to raise around $10-$15 million for its Series A funding round, which will see participation from a cluster of new private equity and venture capital investors, said a top company executive. Last year in December, Toppr, an edtech startup, had raised $35 million led by education-focused investor Kaizen Private Equity. Toppr claims to have around six million users on its platform aimed at class 5 to 12 students. Unacademy, another online learning platform, had raised around $21 million from Sequoia India, SAIF Partners and others in 2018. Kapoor, who is the co-founder and chief executive, said the company currently has over 3,500 schools on its platform with more than 3 million registered students.

Source: Mint May 05, 2019 18:22 UTC