VC Fund Investments
Experiential learning app Practically raises $5-M
Hyderabad-based 3rdFlix Visual Effects Pvt Ltd, which offers experiential learning app Practically, has raised $5 million from NB Ventures (UAE), Earlsfield Capital (UK), Almoe Group of Companies (UAE) and Ncubate Capital (investment arm of The SAR Group). The company will leverage the investment to expand its operations across India, Middle East and SouthEast Asia with a focus on marketing, product development, scaling up the business & sales verticals, and driving tactical hiring to consolidate its strong foothold in the EdTech sector.
From the Venture Intelligence PE-VC Deal Database: Between Aug-19 and Apr-20, Practically / 3rdFlix had raised $9 million from IDFC Parampara Capital, YourNest, Exfinity Ventures and Siana Capital. (Subscribers to the database can login to view the valuation, deal structuring and other transaction details.)
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