🇮🇳 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
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