Youwecan Ventures led by ace Cricketer Yuvraj Singh, has recently invested in SportyBeans, which is India’s largest and Premier Multi-Sport Program for children between the ages of 1.5 – 8 years. SportyBeans has developed a highly research backed sports and fitness curriculum for the program across nine popular ball sports, viz Soccer, Basketball, Baseball, Volleyball, Hockey, Tennis, Cricket, Rugby and Golf; which is focused on creating a skills-driven, high-energy and fun-filled environment.

YouWeCan

Yuvraj understands the importance of physical fitness and sports involvement from an early age and SportyBeans is the ideal platform to provide this foundation to the young children of the Country. Yuvraj would also be leveraging his own knowledge and experience to co-design the course curriculum for SportyBeans. Thus, Yuvraj’s Association with the Brand would be unique as it would extend much beyond being just an investor.

Speaking on his decision to team up with SportyBeans, Yuvraj said

Sporty Beans is a unique platform to identify and develop interest in sports at an early age of 2 years to 8 years and hopefully it will help in creating a transformational impact on building next generation of sports persons in India

Having started its First Centre in 2010 and having enrolments of over 30,000 children till date , SportyBeans has now established a strong proof of concept with a sizeable presence across the country. With over 35 centres spread across 17 cities, SportyBeans currently caters to over 15,000 children a year and boasts of a highly profitable business model with a proven track record across its Franchise network.

SportyBeans is a new economy unique platform to target the wallet share of spending around children besides traditional K-12 education, apparel, toys, health care etc. Keeping this large target audience in mind, the brand is now looking at an aggressive growth plan which would see ~200 SportyBeans centers across India over the next 2 years. Catering to student strength of about 1,40,000 children in these centres, the brand is looking at revenues of over Rs. 80 crores.

Karan Sareen, Director at SportyBeans said

We have signed our first International Franchise in Mauritius and shall soon be announcing a Country Franchise in Malaysia as well.He further stated that this would be the first step towards a strong global presence as the brand looks to be present in 10 international locations within the next year, with talks already in progress in the Asia Pacific Region.

SportyBeans is the first brand in its space to transform its business by leveraging mobile technology as a platform wherein it allow users to make bookings online for not only the regular sessions, but also for personal coaching, in-school sessions and birthday parties at centre’s nearest to them.

With applications developed for both the Android and iOS platforms, SportyBeans aims at giving Parents a seamless avenue not only to monitor the progress of their child, but to experience the growth and development of their child first hand through technology thereby helping to create an entire social community through the mobile technology platform.

SportyBeans brings to the table a program which has been carefully cultivated and nurtured over the last 5 years with a very high degree of passion and expertise. Yuvraj Singh’s coming on-board will lend a higher sense of credibility to the overall program which will propel it to the next level.

About YouWeCan Ventures

YouWeCan is a 50 CR seed fund that is created to empower young entrepreneurs on their journey to build brands and successful business ventures and improve the life standard of society. More information at their website.

Image Creditpixr8

Eywa Media, a leading digital signal processing technology startup, has raised a seed fund round of $1M+ through ah! Ventures, Viktor Koenig PE Fund & Mantra Ventures. The deal was supported and syndicated by ah! Ventures and led to closure on its investment platform, CLUBah.com

Founded in late 2013, incubated at the famous Kyron Accelerator and with operations launched in 2014, Eywa Media is a leading digital signal processing technology startup which leads audience interaction and engagement measurement along with deep analytics using sophisticated audio detection technology for Brands, Broadcasters, Retailers, Advertisers, Production Houses, Agencies etc across connected devices using its multi patent pending EYWAConnect TV+ cloud platform!. The company is headquartered in Singapore with offices in Mumbai and Bangalore.

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Ramsubramaniya Raja, Founder & CEO of Eywa Media said

Today traditional networks [TV, Radio, OOH, Cinema etc] along with digital networks function in silos whereas the consumer is still the same consuming content and ads across. Thus our EYWAConnect TV+ platform seamlessly connects with the ecosystem of connected devices using our Mobilesync SDK on one end and the cloud based enterprise software on the other end with broadcasters and advertisers allowing broadcasters, advertisers etc to embed consumer interactivity, engagement using our audio detection technology to reach out to the consumers which till now has not been fully possible.

Today our EYWAConnect TV+ platform has given rise to products like Mobilesync SDK, Tango, DSP, Analytics and in future we wish to build more which caters to higher functionalities for our clients, partners and consumers in the markets we serve. Thus adding tremendous value to the entire ad and content consumption value chain. The industry can now see more reach with consumers across networks, more meaningful engagement leading to more interactivity and precise analytics!

Anshuman Pratap Chaudhary, Co-founder & CSO of Eywa Media said

Over the course of next 12 months our focus is to build massive scale in embedding our Mobilesync SDK across Devices, SIM’s, 3rdParty Apps, Browsers etc. and install our EYWAConnect TV+ cloud platform with our clients in the focused countries which will catapult the disruption across the ecosystem.

Once this happens, the humongous amount of analytics that our platform will provide to our clients will pave way to higher choices on re-targeting, attribution, lead conversion, consumer demographics and add to the unlimited possibilities for multi-screen conversations. This round was oversubscribed and thus our sincere thanks to our investors who believe that our technology can be impactful globally.

Abhijeet Kumar, Founding Partner, ah! Ventures said

I have been always interested in technology startups and Eywa Media is definitely a promising one. Their technology of identifying the TV, Radio, OOH and Digital advertisements 7 programs on the basis of audio frequency and pushing notifications on mobile device in the real time is a stage apart. Their IP is much robust, scalable & privacy driven targeted to redefine the next level of advertiser, consumer and broadcaster ecosystem. On top of that, they have a smart, driven and dedicated team with Co-Founder, Anshuman already having done a venture exit, to take this company global.

Setup by ah! Ventures in 2012, CLUB ah! is India’s first full-spectrum startup investment network and platform comprising of over 500 investors, including some of the renowned angels and early-stage VCs. CLUB ah! platform today has over 3500+ startups, 450+ seed/angel investors and over 65 VCs & intuitional investors, making it one of the largest platform of investors and startups. The network also recently secured its first profitable exit from Harness Handitouch within 2 years of its investment. CLUB ah! has till date invested close to INR 48 crores in over 16 startups spread across varied industries and domains, including Eywa Media.

Vijay Kumar Raja from Viktor Koenig PE Fund said

We at Viktor Koenig AG have always been interested in high value ventures… however, since last year we have begun to focus on raging startups which will make a mark tomorrow. Eywa Media, with its high end technology, profound market plan and great team, caught our attention quite early and between two meetings we knew we wanted them to be in our portfolio. We wish to see this company grow globally and given our presence across the US, UK, Luxembourg, UAE, Singapore and Hong Kong, we would do all it takes to help this venture scale to newer heights of success!

Vishal Gupta, Managing Director, Mantra Ventures said

We are confident of the global potential of the technology which tends to evangelize and facilitate real time two way interactions with the audience through second screen. Eywa Media, with the help of its technology and global network tend to re-define the protocols for audience engagement and will mark the commencement of a new chapter in the world of media using digital signal processing technologies.

Lalit Ahuja, Founder, Kyron Accelerator said

Eywa Media’s product ushers a new wave of technological disruption for the media industry and Kyron is excited to partner with them and help them realize the full potential of their product. The power of strategic storytelling to consumers across all platforms from broadcasters to retailers will create a compelling environment for customer engagement and we’re confident of Ram and his team’s ability to execute this on a global scale.

Giving an investors’ perspective, Harshad Lahoti, Founder & CEO of ah! Ventures

As the world gets further connected through multiple devices, the ability to analyze data in real time and give actionable intelligence to marketers and broadcasters becomes super critical. Eywa Media’s patent-able audio detection technology algorithm opens up a whole new opportunity by allowing unlimited multi-screen conversations in real time across TV, Radio, Web TV, Cinema, OOH, Live Concert etc; this strategy is in line with where the world is moving towards – multiple screens, multiple networks and truly connected real time ecosystem! This, in my opinion, the future of consumer engagement. We at ah! Ventures had no second thoughts on wanting to be early investors in Eywa Media as we are confident or their technology and also their ability to create significant shareholder value.

About Eywa Media

Eywa Media is a leading digital signal processing technology startup which leads audience interaction and engagement measurement along with deep analytics using sophisticated audio detection technology for Brands, Broadcasters, Devices, SIM’s, Advertisers, Production Houses, Agencies etc across connected devices using its patent pending EywaConnect TV+ cloud platform! For more information, please visit Eywa Media

CanvasFlip, a cloud based Prototyping & Usability testing platform has raised $1.2 million USD in seed round from Silicon Valley ­based venture capital firm Bessemer Venture Partners.

CanvasFlip is a cloud based prototyping & usability testing platform allowing Product Managers, UX teams and Non­Tech Entrepreneurs to validate their idea and user experience without writing a single line of code. Users can create prototype [clickable demo of apps] from design and share it with other stakeholders to get actionable analytics on these prototypes. Validating flow and user experience at the design stage helps companies to save significant
amount of time and development iterations.

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In the last 2­3 months, CanvasFlip has grown to a 140+ enterprise customer base consisting of some very successful enterprises including Paytm, MakeMyTrip, Dine Out, Tech Mahindra among others.

Vipul Mishra, CEO ­ CanvasFlip said

It’s great to have the support of one of the world’s largest venture funds. This is more than financial backing. Even before this investment, the Bessemer team has been helping us to evolve the product and business model. We [CanvasFlip Team & Investors] share the vision of CanvasFlip solving major pain­points in the UX space. These funds will be used to enhance product capabilities and enable growth practices. We have started exploring the international market and may soon open a front ­office in Silicon Valley.

Raghav Bahl, Vice President, BVP commented on the development saying

CanvasFlip enables product managers to validate mobile application design, by providing rich and conclusive usage feedback from the target user segment, even before a single line of code is written. This helps product managers reduce the time taken to bring the application to market and also, save on expensive development resources. Finally, this is a passionate founding team with a deep understanding of the consumer pain point and strong product development skills.

About CanvasFlip
CanvasFlip was founded by 26­ year ­old duo Vipul MishraManish Jha in Hyderabad as an online animation platform and after a series of pivotal experiments, it emerged as a prototyping  & usability testing solution. Vipul and Manish started their professional journey with Tech Mahindra and have been part of many innovations together including Yougle, FbViralVideos etc. For more information, please visit CanvasFlip

Gurgaon based Visual Blogging Platform Bluegape has raised USD 600,000 from ah! Ventures, Rudy Gopalakrishnan of Fidelity & Times Internet. Barclays Capital India has been advising Bluegape & helping in getting connected with right investors. The deal has been closed on ah! Ventures’ equity investment platform, CLUBah Bluegape had earlier raised USD 184,000 in April 2015 from Rudy Gopalakrishnan & ah! Ventures. Bluegape is backed by TLabs and has received a total funding of USD 500,000 [excluding the recent round] till date.

Long form of content is dying in this mobile era where users have a very short attention span. Bluegape is giving users a platform to create and consume content in a visual format. Currently Bluegape has over 15 Million+ unique visitors every month and around 100,000+ posts are getting created on the platform every month.

bluegape-team

Sahil Baghla, Co-Founder & CEO, Bluegape said

Our vision is to make communication of ideas and knowledge very easy. On Facebook, Instagram, Snapchat we are connected to our close group of friends and they are like your private social identity. Bluegape, on the other hand will be your public social identity which is about self-expression with the world. Bluegape will be A Social Profile You Can Be Proud Of.

The startup was founded in August 2011 by Sahil BaghlaAyush Varshney [Company has pivoted from Merchandise Business to Visual Blogging Platform in January 2015]. Both the founders are IIT-Kanpur alumni.

Ayush Varshney, Co-Founder & CTO added

We will use the money on technology and for expanding our engineering team. The existing investors have lead the round which is a very good sign that we are on the right track.

People are doing amazing stuff at Bluegape like their niche fashion blog, on feminism, on celebrity fan-clubs or Individual bloggers

Abhijeet Kumar, Co-founder of ah! ventures said

In today’s inter-connected, plugged-in world, nothing is more fast-paced than technology. It constantly evolves to meet our ever-increasing need to stay connected. Technology has enabled the world to shrink into a global village where everybody is connected to one another through one platform or the other. Bluegape is a social media disruptor, it’s the black swan. Sahil and Ayush have created the future of social media.

Within a short span, Bluegape has seen traction of over 15 unique million visitors each month and growing, which is the proof of the platform and reflects the dedication of the team in delivering a world class product out of India. CLUB ah! is proud to be associated with Bluegape in its quest to success.

CLUB ah!, an angel network of over 450 investors, including some of the renowned angels and early stage VCs represent the maturity of Indian early stage investment ecosystem. Started in 2012, the CLUB ah! platform boasts of over 2000+ startups, 450+ seed/angel investors and over 60 VC’s & institutional investors. It also has an impact investment network and a mentor network to assist startups in their growth and expansion. Till date CLUB ah! has invested close to USD 6 Million across 15 startups including Bluegape.

Talking about the transaction, Harshad Lahoti, Founder & CEO, ah! ventures said

Some may wonder whether the valuations for some of these new tech companies are exaggerated, but, exaggerated or not, they are reinventing some of the most basic structures of human interaction and for those looking for the next Facebook or LinkedIn, Bluegape is the answer. Social media platforms have a cyclic process, you have to be constantly innovating to stay relevant to the audience.

Bluegape by all virtue is very innovative in its approach and will soon become the new normal. Visual blogging is a new concept and by the traction that we see on the portal, we believe this will be the next big social interactive platform. The Bluegape team has a clear vision to disrupt the existing social interaction landscape. For an investor, the pedigree of the team and idea are critical. In Bluegape, investors can find disruptive growth and a team committed to deliver.

ah! Ventures is in the final stages of closing 2 more deals in the coming weeks.

About Bluegape

Bluegape is world’s first visual blogging platform. The biggest promise of internet was democratization of ideas and knowledge. Everyone has some knowledge or learning to give back. Visual Blogging is a great way to express yourself in this fast moving world of short attention span.

About ah! ventures

ah! Ventures is a startup focused growth catalyst that brings together promising businesses and investors by creating wealth creation opportunities for both. ah!’s unique model serves investors, entrepreneurs and enablers through a unique blend of customized services, skill and industry & domain experience.

About CLUB ah!

CLUB ah! is India’s first full-spectrum startup investment network and platform comprising of over 500 investors, including some of the renowned angels and early-stage VC’s which represent the maturity of Indian early-stage ecosystem. Setup in 2012, the CLUB ah! Platform today has over 2500+ startups, 450+ seed/angel investors and over 60 VC’s & institutional investors. CLUB ah! has till date invested close to INR 36 crores in over 15 startups spread across varied industries and domains.

Intellecap Impact Investment Network [I3N], Rianta Capital along with ah! Ventures have invested Rs. 10 Million in waste management startup Sampurn(e)arth. Co-founded by Debartha Banerjee, Jayanth Nataraju, & Ritvik Rao, Sampurn(e)arth provides end-to-end decentralized and customized waste management solutions such as  dry waste collection and processing, bio-gas plant installation, composting, O&M and consulting services.

SampurnEarth

It works closely with the non-profit waste picker organization Stree Mukti Sanghatana and actively incorporates waste pickers into the process, thereby up-skilling them and increasing incomes. Its clientele includes municipal bodies, corporate parks educational campuses and residential units.

Sharing the statistics on the scale of the problem in the waste management segment, Co-founder Jayanth Nataraju said

In Mumbai alone, about 10,000 tonnes of waste is generated daily, so there is a huge opportunity for intervention. With initiation of the Swacch Bharat Abhiyan, there is an increased interest in our solutions and we are seeing tremendous support from stakeholders across the value chain. We are confident that with the guidance of investors on scaling the business, we will be able to move the needle on this vast challenge.

Talking about the investment, Ajay Dalmia, I3N, said

The current method of dumping waste into landfills leads to several environmental and societal problems. This practice adversely affects the health of people and also fails to recognize the inherent value in the waste. Sampurn(e)arth is bringing in an effective decentralized asset light business model that is environmentally sustainable, generates employment and is profitable. This is an execution intensive model and we have full faith in the promoters’ passion for the cause and ability to deliver.

Sidharth Pansari, Angel Investor & Director, Primarc Projects added

It is our responsibility to give our environment and the people living around us, a more sustainable future than we have today. By investing in Sampurn(e)arth we are directly contributing in creating a positive impact on the environment, coming up with innovative ways in which one can turn waste into re-usable resources and renewable energy. Primarc Group’s real estate projects have been developed with environment friendly features like rain water harvesting, sewage treatment plant, Solar hot water, fly ash bricks and organic water treatment. We should put our knowledge and experience to come up with new sustainable solutions for the greater benefit of the planet by creating better disposal options and safer treatment of waste.

Harshad Lahoti, Founder & CEO, ah! Ventures. said

ah! Impact, the platform through with the investment in Sampurn(e)arth was made, validates our commitment and foresight towards social investing in India, also the large number of our investors, which are mostly first time investors have shown great interest in investing in social enterprises with high potential and measurable social or environmental impact. ah! Impact recently reinvested in Ketto, a crowdfunding platform for social, personal and creative projects.

ah! Impact also recently reinvested in Ketto, a crowdfunding platform for social, personal and creative projects.

About Sampurn(e)arth

Sampurn(e)arth Environment Solutions Pvt. Ltd provides wet and dry waste management solutions for corporates, residential societies and construction companies. A TISS [Tata Institute of Social Science] incubator project, Sampurn(e)arth was launched in 2012 with an objective of making solid waste management efficient, decentralized and even profitable. Sampurn(e)arth works on the principle that transporting waste to the city’s dumping grounds is inefficient and expensive and also hazardous. It encourages on-site segregation, wherever possible. It also sets up on-site bio-gas or composting facilities for wet waste, while non- biodegradable waste is transported directly to recycling units. This leaves only a small amount of dry waste to be transported to the dumping grounds.

About ah! Ventures

ah! Ventures is a startup focused growth catalyst that brings together promising businesses and investors by creating wealth creation opportunities for both. ah!’s unique model serves investors, entrepreneurs and enablers through a unique blend of customized services, skill, and industry & domain experience.

Founded in 2010, ah! Ventures has systematically disrupted India’s early stage funding ecosystem through its innovative approach toward startup investing. First of its kind initiatives like the CLUB ah! network & platform, ah! Angels (India’s largest angel network), ah! Seeders and ah! VC networks (India’s first seed & VC investment networks respectively), have brought together and integrated the otherwise previously segregated startup funding lifecycle, under one roof. This, coupled with ah! Impact network, an impact investment network for investing in social enterprises and ah! Mentors network, a mentor network to assist startups in their growth and expansion, has today made ah! Ventures not just one of India’s most respected change leaders, but also a formidable industry force to recon with.

About I3N

Intellecap Impact Investment Network (I3N or I-cube-N) is a global network of impact investors, both individuals and institutions who come together to co-invest in impact enterprises across India and East Africa. It’s aim is to plug the pre-VC funding gap early stage enterprises face by mobilizing domestic capital and connecting international investors to domestic investors. Investors come together to support brilliant and passionate entrepreneurs who are dedicated to solving difficult problems at the bottom of the pyramid.

Wegilant, a pioneer in the mobile app security space has raised USD 500,000 from existing investors in a pre-series A round. The investors include Ravi Gururaj – Chair NASSCOM Product Council, Gaurav Sharma – Director Yahoo Inc., Viswanath Ramachandran – Ex-Gupshup CTO, SINE-IIT Bombay Business Incubator, RippleWave & a strategic investor [a large global IT Security company].

The flagship product of Wegilant is Appvigil, which is a Mobile Reputation Protection Suite for Enterprises. Appvigil is based on global patent-pending technologies. Appvigil looks for security vulnerabilities and loopholes in mobile apps.

In layman terms, it helps identify whether a mobile app is hack-able or not. Organisations involved in the development of mobile apps such app development  agencies, startups, product enterprises etc. can integrate Appvigil in the development life-cycle of the app to resolve all   security issues in the development phase itself. Mobile phone users can install “Appvigil free app” to check hack-ability of the mobile apps in their phones and report to the developer in case any loopholes exist.

Wegilant

Appvigil can also be integrated into Software Development Life Cycle [SDLC]. It provides unattended static & dynamic analysis for security loopholes and is highly cost effective and scalable, making it capable of catering to the needs of an individual developer, mid-size & large-size development teams and companies seeking BYOD solutions.

Founded in 2011 by Toshendra Sharma while he was a first year masters student in CSE department, IIT Bombay, the company got incubated in Society for Innovation and Entrepreneurship (SINE), IIT Bombay, in Aug’2014. Wegilant has also been nominated in the top 10 of Emerge 50 Award 2014- an award given by NASSCOM.

Toshendra Sharma, CEO, Wegilant said

The funds will be used towards technology expansion, research and development and customer acquisition. Previously, we were offering app security solutions in the Android environment only and now as a natural business extension, are expanding to iOS & Windows operating systems as well.

Mobile security is a global issue and our mission is to become a de-facto standard in this space. We would be carrying out the global sales operations from India itself. There is a more focused effort to constantly evolve the product in the light of new innovations in the mobile security market and black hats market. Apart from Appvigil, our flagship product, the company is developing new security products too. We intend to build a globally admired company by solving customer problems.

Ravi Gururaj, Chair NASSCOM Product Council added

Water tight security of your mobile device is no longer a luxury, it is an absolute necessity. News of security beaches are regular events which I expect will increase in frequency and severity. Every major brand has a customer facing mobile experience which they now need to ensure is secure for all their stakeholders. Wegilant addresses this critical growing market need with very innovative and robust products. The Wegilant team exhibits winning combination of domain thought leadership and entrepreneurial passion.

The company lately underwent a major re-branding exercise in effort to position itself as a thought leader in the mobile security industry. The company has also set up an office in Gurgaon [Delhi NCR] apart from Mumbai to accelerate business expansion. Wegilant also intends to set up offices across other major cities in India. The company has also doubled its team strength from 11 to 22 employees and is on a hiring spree.

About Wegilant

Wegilant is a global mobile app security company based in India. Founded in 2011 and incubated at the renowned Society for Innovation and Entrepreneurship (SINE), IIT Bombay, in 2014, Wegilant today provides cloud based mobile security solutions. . Appvigil, the company’s cloud based flagship product accessible through three different platforms checks for security vulnerabilities and loopholes in android apps. Appvigil is highly cost effective and scalable, making it capable of catering to the needs of an individual developer, mid-size & large-size development teams and companies seeking BYOD solutions. Wegilant was also nominated in the top 10 of Emerge 50 Award 2014- an award given by NASSCOM.

iDreamCareer [iDC], a Delhi based Ed-tech startup, has raised an undisclosed sum as angel capital through ah! Ventures, a startup focused growth catalyst bridging ideas and money. The angels from ah! Ventures together with angel investors Vivek Joshi, Mohit Satyanand, Indian Designs Group & others partnered to fund the startup. The deal was solely advised and syndicated by ah! Ventures and led to closure on its private equity investment platform, CLUBah.

iDreamCareer

Founded in late 2013, iDreamCareer has grown to become India’s leading EdTech brand in the space of career & higher education planning for students and it is being promoted by IIT/IBS alumnus. Understanding the growing problem for students in deciding a career for themselves, iDC developed a 3S framework program – “Structured, Scientific & Scalable”, which is currently being used by students in India, Middle East & East Africa.

iDC Career planning Program empower students to take informed career decisions through its proprietary Career Assessment tool and one-on-one career mentoring. iDC package plans ranges from one time engagement session to two year plans with multiple engagements with experts mentors, delivered over combination of face to face, Skype and phone sessions.

Speaking about the funding, Ayush Bansal, co-founder of iDreamCareer.com said

Our vision is to build future proof career for students through unbiased and credible career planning programs. In the business where trust is the key element, our focus has been on providing quality career planning service to students and parents that empowers them for taking informed career decisions. Over the last year and a half, more than 55,000 students have benefited through iDreamcareer.

This was achievable purely because of the trust the student and parent community have reposed in us. Over 40% of the students on the platform come through referrals, which is an indicator of the trust they have on the brand. We are happy to have angels on board who understand our vision.

Pravesh Dudani, an alumnus from IIT Kharagpur & co-founder of iDreamCareer.com adds

Given the complex structure of our higher education system, choosing a career path as well as process of applying to colleges is one of the most daunting task for students and parents. New age parents, consider a career choice as most important and life altering decision for their children and hence they are willing to pay for availing professional guidance from trusted and reliable advisors.

The current investment round will be utilized to upgrade our product line with addition of information alert tools, college application system, content up-gradation etc. Additionally funds will be utilized in sales & marketing to grow our business in new geographies across India & Middle East & also to improve our service delivery system.

Vivek Joshi, lead investor said

iDreamCareer is rightly placed in the current educational context where plethora of courses are available to students, making it difficult for them to choose the right course and hence a career. Ayush and Pravesh are very committed towards making a difference by helping students make better career decisions. I am excited to be part of the journey at iDreamCareer.com

Abhijeet Kumar, Co-founder of ah! Ventures said

EdTech has always been an interesting area for us and iDreamCareer is really disrupting the space of career and higher education planning through a combination of a hard working team, innovative & proven business model, strong revenue pipeline and usage of next generation technology. Their global footprint makes them a leader in this space. This deal was concluded through the private equity investment platform, CLUB ah!

CLUB ah! is India’s first full-spectrum startup investment network and platform comprising of over 475 plus investors, including some of the renowned angels and early-stage VC’s. CLUB ah! platform today has over 2500+ startups, 425+ seed/angel investors and over 60 VCs & intuitional investors, Making it one of the largest platform of investors and startups.

The network also recently secured its first profitable exit from Harness Handitouch within 2 years of its investment. CLUB ah! has till date invested close to INR 30 crores in over 13 startups spread across varied industries and domains.

Giving an investors’ perspective, Harshad Lahoti, Founder & CEO of ah! Ventures said

iDreamCareer has demonstrated their ability to disrupt the market using their unique customized career planning program rather than competitors’ plain vanilla assessment reports created using online aptitude tests. Tech is undoubtedly used as an enabler for automation of content and the assessment process – but iDC’s mix of online and offline models of career planning through 1-on-1 sessions using their retail offices and telephonic interviews, gives a more holistic approach.

This coupled with a strong team of senior people like Punam Kashyap, Rahul Parmar & others on their advisory board and their ability to successfully penetrate the international markets like Middle Eastern countries, made iDC a very attractive investment opportunities for ah! Ventures’ investors. The career planning sector for high school students in India is estimated to be over USD 1.5 billion and iDC is perfectly positioned to target and dominate a majority of it. We at ah! look forward to partnering iDC in their next growth phase

For more information, please visit iDreamCareer, ah! Ventures & CLUB ah! Deals

EduKart, India’s leading education marketplace has raised US $1 Million from Holostik Group’s United Finsec (family office arm), Yuvraj Singh’s YouWeCan Ventures and prominent early stage fund 500 Startups.

Existing investors including Vijay Shekhar Sharma [Founder, PayTM], Manish Kheterpal [Ex Director of Providence Equity Partners], Amit Patni & Arihant Patni of Patni family and Stanford Business School’s alumni angels have also participated in the current round.

The total education sector of India is pegged over US $60 Billion, with approximately 50% in higher education sector, 40% in K12 sector and 10% in coaching, skilling and other non-formal areas with thousands of educational institutions and companies in each of these areas.

Edukart

Speaking about the funding, Ishan Gupta, CEO of EduKart.com, who is a Stanford University (USA) alumnus, ex Facebook employee & early Paytm team member said

Over the last year, EduKart has partnered with more than 90 course providers to promote and drive enrollments in more than 2000 courses in K12, entrance coaching, degrees, diplomas, short courses and industry relevant certifications through the marketplace. The incoming funds will be utilized for further upgrading the marketplace platform, increasing course portfolio and strengthening marketing efforts.

The list of course providers listed on EduKart is long and impressive including  Vidyamandir, Aakash, Jamboree, Toppr, Brilliant Tutorials, Indian School of Business, Narsee Monjee Institute of Management Studies, Bharati Vidyapeeth University, School Guru, Vskills, Copal Partners, Digital Vidya, Knowledge Woods who are all leading course providers in  their respective domains.

Ankit Gupta, head of strategy and investments for Holostik Group & alumnus of Harvard Business School said

While on one hand, EduKart has been successful in helping students and parents make informed education related decisions, on the other it has given various course providers a platform to expand their reach to Tier 2 and Tier 3 cities across India. Through its services like dedicated counselling support and flexible payment options, EduKart is establishing itself as a go-to destination for figuring out one’s educational needs.

Commenting on the funding, Yuvraj Singh, ace cricketer & founder of YouWeCan Ventures said

I am really excited to be a part of the EduKart journey. I have always believed that following your passion is very important in life. At the same time, a focus on education is also a must in today’s cut throat competitive environment. EduKart can really become your trusted partner in making the right choices.

Pankaj Jain of 500 Startups added

Education spending is on the rise among the tech savvy Indian middle class. I believe that the online distribution of education products and services will have significant growth in the coming years. The highly effective EduKart team is ideally positioned to execute on this opportunity with a very strong course portfolio and mind-share amongst prospective students.

The company has attracted top tier talent from the likes of Google, Pearson PLC, Wiley, Monster Inc to join in leadership positions and build various functions of the company. In the next three years, EduKart is looking to drive gross enrolment sales of over $100 million for its course providers, by enrolling 100,000+ students annually.

For more information, please visit EduKart