VC Fund Investments

Learning platform ConveGenius raises $5-M from BAce, Heritas, 3Lines VC, others

PTI  

Noida-based IT startup ConveGenius has raised USD 5 million (about INR 37 crore) to launch its conversational AI platform ConveGenius AI in India and global markets. The pre-seed round was led by new investors BAce Capital, Heritas Capital and 3Lines Venture Capital. Existing investor Dell Foundation also participated in the funding round. The learning platform aims to expand its products on the Whatsapp ecosystem and other conversational AI-based channels horizontally.

From the Venture Intelligence PE-VC Deal Database: Between Aug-16 and Feb-18, ConveGenius raised over $2-M from Benori Ventures, Dell Foundation and others. (Subscribers to the database can login to view the valuation, deal structuring and other transaction details.)

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