homevideos Newsstartup NewsKoo hunts for strategic partner as funding runs dry, GradRight raises Rs 50 crore in series A round

Koo hunts for strategic partner as funding runs dry, GradRight raises Rs 50 crore in series A round

Edtech startup GradRight, which helps students select and finance their higher education raised Rs 50 crore in a series A round from homegrown venture capital firm IvyCap Ventures. GradRight, through artificial intelligence, helps students select colleges and finance their education by enabling education loans. CNBC-TV18 spoke to Aman Singh, Co-Founder of GradRight to discuss the fund allocation plan and its expansion plans.

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By CNBC-TV18 Sept 18, 2023 7:54:26 PM IST (Published)

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Homegrown microblogging platform Koo has been struggling to stay on course amid a funding crunch and is now looking for potential investors, strategic partners for its next leg of growth. Co-Founder Mayank Bidawatka says the company is in discussions with potential partners as they navigate the challenges of an “unfavourable market”.

Edtech startup GradRight, which helps students select and finance their higher education raised Rs 50 crore in a series A round from homegrown venture capital firm IvyCap Ventures. GradRight, through artificial intelligence, helps students select colleges and finance their education by enabling education loans. CNBC-TV18 spoke to Aman Singh, Co-Founder of GradRight to discuss the fund allocation plan and its expansion plans.
Venture capital firm Blume Ventures' recently launched "Future of Money" report that sheds light on the evolving landscape of central bank digital currencies and its role in the monetary ecosystem. To elaborate further on the future of money and payments with Central bank digital currencies (CBDCs). To decode the report, CNBC-TV18 spoke to the report's co-author and Managing Partner at Blume Ventures, Ashish Fafadia.
Cendana Capital which is a San Francisco based fund of funds known for its investments in early stage VCs globally has recently closed a $470 million fund. While a large chunk of this is going to be deployed in the USA itself. About $67 has been earmarked for investments in international funds including those here in India.
So far Cendana Capital’s India investments include Leo Capital and Saama Capital. CNBC-TV18’s Ritu Singh spoke to Kelli Fontaine, Partner, Cendana Capital to talk about company’s vision for India and lot more.
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