New Delhi: S Chand and Company Limited, along with its subsidiaries has bought a minority stake in AToZLearn Edutech Private Limited, an edtech company helping students with government exam preparation. The round also includes investments from Directors of S Chand, Key Managerial Personnel of S Chand, Mukesh Sharma Family Trust, Inflection Point Ventures (IPV), Firstport Capital, Keiretsu Forum and Others.
ixamBee had earlier raised funds from Mumbai Angels Network, JITO Angel Network, Keyur Joshi (Co-founder MakeMyTrip) and a few noted alumni of the ISB, Hyderabad.
“The focus on providing quality and affordable learning to students in semi-urban and rural areas, so that their aspirations and dreams can be a reality, is in line with the S Chand vision of quality and affordable education opportunities,” says Himanshu Gupta, Managing Director, S Chand Group.
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