VC Fund Investments
Chess academy HobSpace raises $4.5-M
Mumbai-based chess academy HobSpace has raised USD 4.5 million in a pre-Series A funding round led by Mankekar Family Office, Artha Venture Fund, Siddharth Shah and API Holdings' Dharmil Sheth, among others. The startup will use the funding to expand globally and accelerate product development. HobSpace will also use the capital to invest in technology to enhance the overall experience for the students. HobSpace is a global chess learning platform that offers courses for children in the age group 3-14 to learn chess and prepare for international tournaments. It had raised INR 1 crore in its last funding round from Inflection Point Ventures in January 2021.
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