Edtech firm Techmaghi attracts Rs 20 lakh in seed funding

Kerala-based edtech firm Techmaghi has raised INR 20 lakh in the form of compulsorily convertible debentures from Ahmedabad-based NGO, LJ Knowledge Foundation. Launched in 2021 with a 30-member team, Techmaghi has upskilled more than 75,000 students, generating a revenue of over INR 2 crore. The company's primary focus lies in the core engineering fields.