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26 Dec / Reuters

E-learning start-up Carveniche secures funding from Mumbai Angels

Bangalore-based education technology start-up Carveniche has secured an angel funding of around Rs 1 crore from Mumbai Angels. Founded in 2010 by former Infosys engineers Avneet Makkar and Saraswathy A, Carveniche is an education technology venture

CarveNiche Raises $0.2 Million From Mumbai AngelsMumbai Angels Invests In CarveNiche Tecnologies

26 Dec
Sreejoni Nag / The Economic Times

Power of Ideas 2012: ClassTeacher Learning Systems develops & distributes interactive white boards

Sameer Buti and Rohit Pande, IIT-Delhi alumni, launched a startup which provides student-oriented educational content to make learning sessions more exciting. Their venture, the ClassTeacher Learning Systems

26 Dec
Business Standard

Fidelity Growth Partners India acquires a significant minority stake in Classteacher Learning Systems

Fidelity Growth Partners India (FGPI) invests up to $15M to acquire a significant minority stake in Mind Shaper Technologies Private Limited. Branded as Classteacher Learning Systems, the company is a pioneer in K-12 educational

FGPI acquires minority stake in Classteacher Learning Systems, Raises $15M From Fidelity Growth Partners

25 Dec
Nandana Das / Techcircle

Mind Edutainment raises Rs 2.7Cr from Accel Partners and others

Delhi based education company Mind Edutainment Pvt Ltd (MEPL) has raised Rs 2.7 crore from Accel Partners and a group of angels led by Meena Ganesh, CEO and MD of Pearson Education Services India

Accel Partners Invests In Mind EdutainmentAccel Partners invests Rs 2.7 cr in Mind Edutainment

25 Dec
Deeshesh Chheda / DealCurry

Butterfly Edufields Raises VC Funding From Aavishkaar

Aavishkaar India Micro Venture Capital Fund has invested $1 Mn (Rs.4.64 Cr) in Butterfly Edufields Limited for a 26% stake. This funding will be used by Butterfly for its expansion plans. Founded in 2005 by Sharat Chandra (IIT-Mumbai, IIM-Kolkata)

25 Dec
Rajiv Banerjee / The Economic Times

ThinkLabs gears up to sell Robotics off-the-counter

A part from achieving an Rs 40 crore turnover by FY 2014-15, Gagan Goyal is gunning for another important milestone. And by the looks of it, he’s likely to achieve that by 2012, he says. The mission, to sell Robotics

Robotics education pioneerGagan Goyal: Roboteacher

25 Dec
Kristiano Ang and Yenni Kwok / The New York Times

Elite Boarding Schools Spreading Through Asia

When Robert Pick set eyes on a plot of land here a few years ago, all he could see were palm trees. “The architect told me it was a wonderful site, but Nusajaya