Digital healthcare start-up Practo Technologies Pvt Ltd has raised $55 million in a Series-D funding round led by China’s Tencent, with participation from new investors ru-Net, RSI Fund, owned by Recruit Holdings and Thrive Capital. Existing investors Sequoia Capital, Matrix Partners, Google Capi…
Tag: Sofina
With $323 mn funding, 2016 a bumper year for ed-tech cos
The year 2016 has become a bonanza for the education sector, which has received investments of $323 million -surpassing the previous high of 2014 when ed-tech companies raised $223 million. At 26, the number of deals this year was also over three times more than last year’s $98 million (23 …
Edutech firm Byju’s to raise $50 million
Bengaluru-based education technology (edutech) firm Byju’s says it is in advanced stages of talks to raise $50 million (about Rs 336 crore) in funding, which will help it expand into the US, the UK and other countries over the next few months. Byju’s says it will utilise the newly raised capital …