Delhi-based edtech startup 3Dexter has secured $150K in funding from vocational training and placements institute, ICA Edu Skills. The investment has been done via the latter’s investment firm Newbie Promoters.
Founded in 2015 by Nikunj Singhal and Shantanu Kwatra, 3Dexter provides 3D printing solutions to educational institutions. It has developed its technology in accordance with CBSE, ICSE, and IB curriculums.
Talking about the funding, Shantanu Kwatra, founder and Director, 3Dexter said, “The way we have developed this curriculum in sync with leading school boards like CBSE, ICSE, and IB, helps us integrate this technology at the grassroots level and introduce futuristic skills to students. Our plan is simple: add dimensions to learning to empower schools and to support the budding generation of new changemakers and innovators to visualise, design, and create.”
ICA Edu Skills was founded in 1999 by Dr. Narendra Shyamsukha. It essentially provides professional training in the areas of accounting and taxation. According to an official statement, this is the third investment by ICA in the edtech sector.
Commenting on the investment, Dr. Narendra Kumar Shyamsukha, founder and Chairman, ICA Edu Skills said, “We are living in a fast- changing technological world. Investment in technology is the need of the hour. If India wants to move up in the comity of nations, we need to improve our educational infrastructure, and technology is its most important component, today. Technological upgradation needs our immediate attention. We understand the national vision of ‘Skill India’ and ‘Digital India.’”
Earlier this year, ICA invested in Jaipur-based mobile app Myly that offers a communicative platform between the schools and students on topics related to homework, examinations, results, and fee payments among other services.
Following that, it invested in Open Door Education, a Pune-based assessment solution for schools. The startup offers assessment solutions for classes 4-9 on Maths and Science along with data analytics to identify and improve chapter-wise learning.
In August 2016, Bengaluru-based online learning platform Unacademy raised $1 Mn funding in a second round of external investment. In September 2016, Bengaluru-based edtech startup BYJU’s raised $50 Mn in funding led by the Chan Zuckerberg Initiative (CZI), along with Sequoia Capital. Online study platform Zeroinfy also raised an undisclosed amount in Seed funding from Calcutta Angels Network (CAN).
Other major players in the sector include Edukart, classteacher.com, Embibe, Toppr, and AlmaMapper.
