Private Equity

Angel Investments

S Chand to invest Rs.3 Cr to acquire minority stake in ixamBee

BSE Announcement   YourStory  

Publicly listed S Chand and Company Limited has bought a minority stake in AToZLearn Edutech Private Limited, an edtech company helping students with government exam preparation, for an investment of INR 3 crore. The round also includes investments from Directors and executives of S Chand, Mukesh Sharma Family Trust, Inflection Point Ventures (IPV), Firstport Capital, Keiretsu Forum and Others.

From the Venture Intelligence Angel Investments Database: Between Mar 21 and Mar 23, ixamBee had raised over INR 5 Cr from Mumbai Angels, Inflection Point Ventures (IPV). SAN Angels and Keyur Joshi co-founder of MakeMyTrip