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Bengaluru-based edtech startup Epaathsala has raised an undisclosed amount in its Pre Series A round. The round was led by Hyderabad Angels. Times Internet’s startup accelerator TLabs also participated in the round.
The funding will be used for global expansion and partnerships with educational institutions.
Founded by Suman Nandy, SaaS-based Epaathsala is run by Kahan Technologies Pvt Ltd. It offers cloud-enabled solutions for accreditation and compliance management to higher education institutions for accreditations such as NAAC, NBA, ACBSP, AACSB, AQSA, and QAA. The startup claims to have collected feedback from more than 400 colleges in India.
Commenting on the funding, Suman Nandy, founder, Epaathsala said, “The new funding will help us in our vision to expand our global presence and help us reach out to a wider number of educational institutions across the world. We are also planning to deliver solutions to over 300 accreditations”
The company has developed a new software that allows users to access inbuilt workflow processes for making the accreditation and quality improvement processes hassle-free. New admission patterns and various university models are also being incorporated in the software.
The company is planning to expand its operations in the US, Europe, and Southeast Asia in the coming future.
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). Earlier this week, Delhi-based edtech startup 3Dexter secured $150K in funding from vocational training and placements institute, ICA Edu Skills.
Other major players in the sector include Edukart, classteacher.com, Embibe, Toppr, and AlmaMapper.
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