In today’s briefing:
- Indian Edtech Startup Gets $6m to Help Close Education Funding Divide
- Malaysian Recommerce Startup CompAsia Rakes in Series A Funding Led by Gobi Partners
Indian Edtech Startup Gets $6m to Help Close Education Funding Divide
- GradRight, an India-based startup that helps students with selecting their university majors and financing their studies, has raised 500 million rupees (US$6.1 million) in series A funding from IvyCap Ventures.
- The investment will be used to accelerate GradRight’s growth and expand its reach to lower- and middle-income students around the world.
- Founded in 2020 by Aman Singh and Sasidhar Sista, the edtech startup runs an AI-powered platform that brings together prospective students, universities, and lenders.
Malaysian Recommerce Startup CompAsia Rakes in Series A Funding Led by Gobi Partners
- Malaysia’s integrated re-commerce startup CompAsia has secured an undisclosed sum in a Series A investment round led by Gobi Partners.
- This capital will help the startup expand across various touchpoints, bolstering human resources, training, and operational capabilities.
- Additionally, the funds will be instrumental in optimising the firm’s digital assets and marketing strategies, specifically focusing on penetrating new markets like the Philippines, Thailand, and Indonesia.
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