Practically, a Hyderabad-based interactive and immersive learning app, has secured a strategic investment of $5 million.
The investment round was led by NB Ventures (UAE), Earlsfield Capital (UK), Almoe Group of Companies (UAE), and Ncubate Capital (the investment arm of The SAR Group) in the run-up to raising Series B funding early next year.
The startup will leverage these investments to expand its operations across India, the Middle East and South East Asia with a focus on marketing, product development, scaling up the business and sales verticals, and driving tactical hiring to consolidate its foothold in the edtech sector.