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ImaginXP raises $1.5 million in funding

Pune: ImaginXP, an EdTech startup, has raised $1.5 million in a fundraising exercise.

The round in Pune-based ImaginXP was led by startup incubator and accelerator Venture Catalysts, it said in a statement. Other participants include Samyakth Capital, Krish Kupathil, and Shashank Deshpande.

ImaginXP, operated by Giggle Galaxy Pvt Ltd, was set up in 2013 by Shashank Shwet and is led by Shishir Kumar. The company says it is helping universities provide degree programs. It also offers courses with a corporate-led curriculum.

The startup operates the MyCoach platform, which brings over 1,250 coaches who provide mentorship and live projects for students. Some of the courses include those on design, business administration, sciences, and technology.

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