Angel Investments
School-search platform Edustoke raises Rs.3-Cr from Indus Initiatives
Bengaluru-based Edustoke has raised INR 3 crore in seed funding from Indus Initiatives. The brand will use the funds to scale across the country. It will also invest in technology to bolster its platform, strengthen team, and build the brand. Edustoke offers a structured search for schools helping parents find the best school for their children. Its userbase is said to have doubled, and institutional client base tripled, over the last six months. The platform is currently servicing 15 cities and intends to expand to 45 cities in India and abroad by early 2022, such as Bhopal, Lucknow, Guwahati along with Dubai, Abu Dhabi, Riyadh, Doha and Bahrain.
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