Social VC Investments
Job selection test-prep platform ixamBee raises funds from Caspian Debt Fund
Gurugram-based ixamBee, a Mumbai Angels portfolio company, has raised debt funding from Caspian Fund, a Hyderabad-based investor. The raised funds will be used to drive growth in existing markets by launching additional learning courses and investing in marketing and technology. ixamBee claims to provide free mock tests for over 50 competitive exams for jobs across public and private sectors such as banks, regulatory bodies, insurance companies, and other government organizations. The firm claims to have reached out to over 10 million students, most hailing from tier-2 and tier-3 cities.
From the Venture Intelligence Angel Investments Database: In Mar-21, ixamBee raised funds from Mumbai Angels, Keyur Joshi, and others.
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