Angel Investments
Edtech startup Guvi bags investment from HCL promoter
Guvi, a Chennai-based edtech platform that helps students learn coding in their native language, has raised INR 15 crore or USD 1.9 million from Vama Sundari Investments. The fresh proceeds will be used for general corporate purposes and to meet capital expenditure The IIT Madras and CIIE (IIM Ahmedabad) incubated company offers technical courses such as Web Development, AI module, SQL, and various other courses created by industry experts in vernacular languages. The startup had raised INR 6 crore in its pre-series A round from Education Catalyst Fund, an education-focused venture capital fund managed by CBA Capital. Vama Sundari Investments is a promoter of India's third largest IT services company HCL Technologies, which recently rebranded itself as HCLTech.
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