ICS Career GPS raises Rs 3 crore in angel funding

ICS Career GPS, which operates a mobile application that helps students with career guidance, has raised Rs 3 crore (around $413,667) in angel funding.

The company said it raised this capital between May and December last year. Participating investors in this exercise include Aurangabad-based Bagla Group.

ICS Career GPS, operated by ICS Education Ltd, was set up by co-founders including Amrita Dass, Kavita Dass, Ajit Dass, and Soham Sinha. The company says it helps make career guidance available and accessible for students and young professionals in English and Hindi.

It will use the capital for research and development, adding features to its product, and expanding reach to Tier-II and Tier-III cities in the country.