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EduFund raises Rs 2.5 crore in pre-seed funding

Ahmedabad: EduFund, a higher education planning startup, has raised Rs 2.5 crore (around $343,246) in a pre-seed funding round from a group of investors.

The key investor in this exercise is ViewTrade Holdings Corp, a United States-based holding company that operates a full-service brokerage and technology firm, Ahmedabad-based EduFund said in a statement.

Other participants in this round include a clutch of angel investors from a private syndicate through AngelList.

EduFund was set up last year by Eela Dubey and Arindam Sengupta.

It also operates a dashboard that connects parents with education counselors.

Source
VCCiRCLE

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