Edtechfirm 88academics has raised $3 Mn in pre-Series A

Edtech firm 88academics has raised $3 million in its pre-Series A round drove by Aarin Capital Partners. Piyush Gupta, Vinod Gupta, P S Jayakumar, Ramesh Swaminathan and others have also participated in the round.

According to the Delhi-based 88academics, the assets will be utilized to foster India explicit content for the K-12 fragment.

88academics, which is part of Singapore-based 88tuition, has partnered with names like DBS Bank, Singapore Indian Development Association, and People Association. It is also liable to partner with Manila which is the capital of the Philippines.

Established by previous 3i Asia head Anil Ahuja, 88academics gives understudies excellent enhancement to English, Maths, Science, Information Technology, and Mother tongue. The critical features of its education model include the basis of content, latest innovation, work generation and affordable cost.

The edtech space has seen solid development globally with the Covid-19 pandemic serving as an inflection point. Many offline classes went online to guarantee continuity of education while adhering to social distancing standards.