VC Fund Investments
Test-prep platform ixamBee attracts Rs.11-Cr from S Chand & Co, IPV, others
Noida-based test preparation enabler ixamBee has raised INR 11 crore from S Chand and Company, IPV (Inflection Point Ventures), Mukesh Sharma Family Trust, Keiretsu Forum, SAN Angles, Mumbai Angels, and Keyur Joshi (co-founder of MakeMyTrip). Additionally, a secondary transaction of INR 3 crore was also involved in the funding round. The newly raised primary funds will be used to launch additional learning programmes and invest in content development, marketing, and technology. The platform aims to enhance its range of study materials, practice tests, interactive learning tools, and personalisation features. ixamBee claims to have 1.9 million students registered on the platform.
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