VC Fund Investments

Digital learning enabler for kids Nalanda raises Rs.40-Cr from Aavishkaar Capital

MyBigPlunge  

Kolkata-based ed-tech venture Nalanda Learning Systems has raised INR 40 crore from Aavishkaar Capital. Nalanda Learning – which operates a chain of ‘Little Laureates' preschools in West Bengal – is now looking at expanding nationally. Its digital platform includes engaging digital content, live classes, and interactive games. The capital raised will help the company in further enhancing its technology capabilities and improving geographic reach to early learners and preschools across India.

From the Venture Intelligence PE-VC Deal Database: Between Dec-13 and Mar-17, Nalanda raised over $3-M from Aavishkar. (Subscribers to the database can login to view the valuation, deal structuring and other transaction details.)

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