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Samreen Ahmad · · 1 min read

🇮🇳 Roundup: Facebook exec joins $9.5m round of edtech firm, and more (Updated)

Startups in India, including ByteLearn, Fitpage and The Clownfish,  and Hevo Data collectively raised at least US$39.8 million today in disclosed funding from international and local investors.

Here’s a snapshot of the fundraising:

Here’s some important tech news in India today:

Adda247 buys civil services exam prep startup for US$20 million

Edtech startup Adda247, a government exam preparation platform, has acquired Study IQ Education for nearly US$20 million in a cash-and-stock deal.

Study IQ, which focuses on civil services exam preparations, currently has a user base of around 11 million.

In November, Adda247 raised US$20 million in November in a round led by WestBridge Capital.

Editing by Deepti Sri and Arpit Nayak

(And yes, we’re serious about ethics and transparency. More information here.)

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TIA Writer

Samreen Ahmad

I write on start-ups, tech and all things that impact them. Reach out to me at samreen@techinasia.com.