Angel Investments
Edtech startup Eduncle raises $1-M from Mumbai Angels Network, Ah! Ventures, others
Kota-based edtech startup Eduncle has raised a USD 1 million round led by Mumbai Angels Network, along with Ah! Ventures, KareKaBa Ventures and others. The funds will be used to achieve its expansion objectives and to develop new products for additional exams, commence live classes, and bolster tech infrastructure. The platform also plans augmenting its doubt-solving features. Co-founded by Arpit and Amit Pareek, Eduncle provides learners with end-to-end test preparation and guidance for higher education with multiple features such as live classes, video lectures, printed material, automated doubt solutions, and test series combined with personalized one-on-one mentorship sessions. Eduncle claims to have over 46,000 paid subscribers.
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