Funding Of 5 Cr For Edtech Startup Avishkaar
Mumbai Angels and Auxano lead Pre Series a funding round of 5 Cr for edtech startup Avishkaar
Mumbai Angels Network along with Auxano, and other eminent angel investors, have invested five crores in Ed-tech startup Avishkaar as a part of pre-series A.
Avishkaar is a category leader in next-generation technology education that focuses on robotics, AI, coding, and app development for children between 5 and 15 years of age through its hardware and software products. Avishkaar plans to utilize the funding towards product development and further expansion of its portfolio in addition to hiring talent. Further, with its mission to build an army of young innovators globally, the company will invest in marketing; India will continue to be a focus market this year with enough scope to grow in Tier-I and Tier-II cities while catering to inbound queries from international institutions.
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