VC Fund Investments
Edtech startup Entri.app raises $7-M from Omidyar Network India, others
Kochi-based local languages-based skilling and test prep services startup Entri.app has raised USD 7 million in a Series A funding round led by Omidyar Network India with participation from Boston-based Innospark Ventures and Integrated Capital, a Hong Kong-based private equity firm. This funding follows the company's USD 3.1 million seed round and brings the total capital raised to USD 10.1 million. Angel investors Gokul Rajaram, a board member of Pinterest and Coinbase, and Sriram Krishnan, a partner at Andreessen Horowitz (A16Z), a venture capital firm in Silicon Valley, also participated in the round. The funds raised will be used for content development across existing and new languages, senior-level hirings, and strategic acquisitions. Launched in 2017 by Mohammed Hisamuddin and Rahul Ramesh, the startup claims to have more than 8 million registered users with over 250,000 paid subscribers. It offers 500+ courses in Malayalam, Tamil, Kannada, Telugu, Hindi, Marathi, Bengali, and Odiya.
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