A Bangalore-based cloud startup, Linkstreet Learning has raised an undisclosed sum in its Series A round of funding from boutique asset management firm, Faering Capital.
According to the deal, Aditya Parekh and Sameer Shroff, co-founders and managing directors of Faering Capital will also join the Linkstreet board.
The startup plans to use the funds raised for product and business development, as it aims to multiply its client base and increase revenue over the next 12 months.
Linkstreet Learning was founded in 2011 by Arun Muthukumar and Vikram Ramakrishnan. It offers an online platform to organisations and individuals to connect across distances to share knowledge and learn.
A few of its clients include IIM Bangalore, Indian School of Business (Hyderabad), Children’s Heartlink (US), MIOT Hospitals, Indo-British Health Initiative among others