Bangalore-based eDreams Edusoft raises $2M

VC Circle 30 May 2013
The funds from Inventus Capital Partners and Mumbai Angels will be primarily used to expand the company’s reach across the country.
eDreams Edusoft Pvt Ltd, a Bangalore-based technology product startup focused on the education industry, has raised $2 million in its second round of funding, led by Inventus Capital Partners. Existing investor Mumbai Angels also participated in the round.
The funds will be primarily used to expand the company’s reach across the country. The startup currently has a presence in 20 cities and towns of India.
Commenting on the development, Rajeev Pathak, founder and CEO of eDreams Edusoft, said, “With support from the existing investor and our new partner, we aim to reach out to millions of students by rapidly expanding to new geographies.”
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