cuemath funding 2020

Picus will invest up to USD 75 million in Asia’s early-stage tech startups. Annual losses have also dropped by 1.8% to Rs 55.34 crore during the fiscal ended in March 2020 and EBITDA margins have improved from -330.86% in FY19 to -178.61 during FY20. Bengaluru-based edtech startup Cuemath has raised USD 40 million in Series C round co-led by LGT Lightstone Aspada and Alpha Wave Incubation (AWI), a VC fund managed by Falcon Edge Capital. YourStory 10 Dec 2019. 1 History; 2 Philosophy; 3 Funding; 4 Program … Ut elit tellus, luctus nec ullamcorper mattis, pulvinar dapibus leo. How Cuemath is redefining the concept of learning math . Cuemath is backed by Alphabet Inc, CapitalG, Lightstone Fund, Manta Ray Ventures, Trifecta Capital, Sequoia India, Falcon Edge’s Alpha Wave Incubation, Unitus Ventures and others. On a similar trajectory, Cuemath’s revenue from operations has surged 2.04X to Rs 24.43 crore during the fiscal ended in March 2020 from nearly Rs 12 crore during FY19. A digital media company reporting on the most promising technology-driven businesses and trends in the world's emerging markets. Cuemath's latest funding round in January 2017 was reported to be $15 m. In total, Cuemath has raised $19 m . Gaurav is the Research Lead @ Entrackr and overlooks money trails and financial data as part of the Fintrackr Team. Ut elit tellus, luctus nec ullamcorper mattis, pulvinar dapibus leo.Click edit button to change this text. With increased collections and somewhat stable rate of cashburn, Cuemath has reduced its net cash outflow from operations by 2.5% to Rs 36.3 crore during FY20. $81,954 Base funding equivalent to 18 enrolments at the rural per capita rate ($4,553 per child for the calendar year) 19 – 45 enrolments. New Delhi: Education start-up Cuemath, run by Cuelearn Pvt. Written by .css-15jcovi{-webkit-text-decoration:underline;text-decoration:underline;display:block;}@media screen and (min-width: 48em){.css-15jcovi{display:inline;}}Moulishree Srivastava .css-1dheh79{margin-left:5px;display:-webkit-box;display:-webkit-flex;display:-ms-flexbox;display:flex;-webkit-box-pack:center;-ms-flex-pack:center;-webkit-justify-content:center;justify-content:center;margin-top:30px;}@media screen and (min-width: 48em){.css-1dheh79{margin-top:0;}}Published on 8 Dec 2020.css-1pzjc6w{display:-webkit-inline-box;display:-webkit-inline-flex;display:-ms-inline-flexbox;display:inline-flex;-webkit-appearance:none;-moz-appearance:none;-ms-appearance:none;appearance:none;-webkit-align-items:center;-webkit-box-align:center;-ms-flex-align:center;align-items:center;-webkit-box-pack:center;-ms-flex-pack:center;-webkit-justify-content:center;justify-content:center;-webkit-transition:all 250ms;transition:all 250ms;-webkit-user-select:none;-moz-user-select:none;-ms-user-select:none;user-select:none;position:relative;white-space:nowrap;vertical-align:middle;outline:none;width:auto;line-height:inherit;border-radius:0;font-weight:600;height:32px;min-width:0;font-size:24px;padding-left:1rem;padding-right:1rem;background:none;color:inherit;margin:0;padding:0;margin-left:8px;}.css-1pzjc6w:focus,.css-1pzjc6w[data-focus]{box-shadow:0 0 0 3px rgba(66, 153, 225, 0.6);}.css-1pzjc6w[disabled],.css-1pzjc6w[disabled]:focus,.css-1pzjc6w[disabled]:hover,.css-1pzjc6w[aria-disabled=true],.css-1pzjc6w[aria-disabled=true]:focus,.css-1pzjc6w[aria-disabled=true]:hover,.css-1pzjc6w[data-disabled],.css-1pzjc6w[data-disabled]:focus,.css-1pzjc6w[data-disabled]:hover{opacity:0.4;cursor:not-allowed;box-shadow:none;}.css-1pzjc6w:hover[disabled],.css-1pzjc6w[data-hover][disabled],.css-1pzjc6w:hover[disabled]:focus,.css-1pzjc6w[data-hover][disabled]:focus,.css-1pzjc6w:hover[disabled]:hover,.css-1pzjc6w[data-hover][disabled]:hover,.css-1pzjc6w:hover[aria-disabled=true],.css-1pzjc6w[data-hover][aria-disabled=true],.css-1pzjc6w:hover[aria-disabled=true]:focus,.css-1pzjc6w[data-hover][aria-disabled=true]:focus,.css-1pzjc6w:hover[aria-disabled=true]:hover,.css-1pzjc6w[data-hover][aria-disabled=true]:hover,.css-1pzjc6w:hover[data-disabled],.css-1pzjc6w[data-hover][data-disabled],.css-1pzjc6w:hover[data-disabled]:focus,.css-1pzjc6w[data-hover][data-disabled]:focus,.css-1pzjc6w:hover[data-disabled]:hover,.css-1pzjc6w[data-hover][data-disabled]:hover{background:initial;}@media screen and (min-width: 62em){.css-1pzjc6w{font-size:18px;height:24px;}}. This round of investment valued Cuemath at USD 171 million, recording a rise of 80% compared to its previous valuation of USD 95 million during its last investment, the report added. This program is offered at home-based centers across India, and is built by Cuelearn Pvt Ltd, a Bangalore based math education company. ALSO READ. Furthermore, it said its digital platform grew four-fold in the past six to eight months and now has over 500,000 hours of live classes. Capital G, Sequoia, and Manta Ray Ventures pumped in USD 5 million, USD 1 million, and USD 2 million, respectively. This comes at a time when investors are bullish on the edtech sector in the world’s second-most-populous country. Edtech startups raised a record $1.8 billion in funding in 2020. However, as the industry is still in the early stages, skepticism, inadequate digital infrastructure, and insufficient support affect young players’ aspirations. With increased collections and somewhat stable rate of cashburn, Cuemath has reduced its net cash outflow from operations by 2.5% to Rs 36.3 crore during FY20. Deals in ed-tech Ed-tech has become one of the most popular startup segments this year, with Covid-19-induced lockdowns having boosted both user numbers and cheque sizes in the space. DealStreetAsia - Venture Capital Archives 08 Dec 2020. It is with great pleasure that we share this: CapitalG and Sequoia India have invested in Cuemath. Rural kindergarten funding 2020. Math learning startup Cuemath has raised $40 million (Rs 297 crore) in its Series C round of funding led by impact investor Lightstone Fund and Falcon Edge’s Alpha Wave Incubation. Among them, Cuemath raised the highest funding of about $40 million followed by DealShare, which raised $21 million. - Seats Limited to 100 Only (First Come First Serve). Annual losses have also dropped by 1.8% to Rs 55.34 crore during the fiscal ended in March 2020 and EBITDA margins have improved from -330.86% in FY19 to -178.61 during FY20. Sequoia Capital Overall employee rating is 3.7 out of 5 (as of 17th Nov 2020) As important as mathematics is for the development of a human mind, education technology start-up, Cuemath is founded with the sole aim of building a … Cuemath is a technology-led innovative after-school math program for K8 students offered through a network of home-based learning centers. Cuemath Capital Raised. Meanwhile, Cuemath’s latest funding comes after a year the startup had raised $5.5 million in an extended Series B round led by Manta Ray Ventures in December 2019. Beijing-based AI firm Aibee digitizes “space, people, and products” for brick-and-mortar retailers. December 8, 2020 2 min read You're reading Entrepreneur India, an international franchise of Entrepreneur Media. Falcon Edge had raised $300 million for its India focused fund Alpha Wave Incubation (AWI) in February this year. 1 – 18 enrolments. The company claimed it has delivered over 25 million classes to over 100,000 students across geographies. Google-Backed Indian Edtech Startup Cuemath Raises USD 40 Million from Lightstone Aspada And Alpha Wave Incubation . Chhavideep Singh December 9, 2020. Business Education Startups. According to their website, Cuemath had around 5000 teachers and 50,000 students as of October 2019. View company info, jobs, team members, culture, funding and more. Each enrolment is funded at the rural per capita rate ($4,553 per child for the calendar year) 46 or more enrolments. Second in line were the advertisement and marketing costs which increased by nearly 22% to Rs 19.4 crore during FY20 from Rs 15.93 crore in FY19. Debangana Ghosh 11 Dec, 2020 The edtech segment in India continues to garner investor interest. Cuemath spent Rs 3.96 to earn a single rupee of operating revenue, improving by 34.3% as compared to Rs 6.04  it spent to earn the same during FY19. Summary Metrics. Shashank Didmishe 9 Jul, 2020 Bengaluru headquartered CueLearn, which runs edtech platform Cuemath, has raised $2.7 million (Rs 20 crore at current exchange rates) in a mix of equity and debt issue from Trifecta Capital’s venture debt fund. In April 2019, the company revised its agreements with the teachers on its platform and shifted to a franchise-based model where Cuemath would provide the services of fee collection, education material and customer acquisition to the teachers and charge a fee for the same in place of a revenue-sharing model it was following previously. While the collections have doubled during the previous fiscal, Cuemath’s overall costs have witnessed only a marginal uptick as the company benefited from its minimal capex model. Google-backed edtech startup Cuemath has raised $40 million in its Series C … In most cases, students can remember all the exercises and score well in exams. Cuemath Funding. The edtech platform generated 86% of its operating revenue through the said franchise fee charged from teachers and the remaining 14% was collected from the sale of educational material. .css-1u2pdc2{color:inherit;display:inline-block;}.css-1u2pdc2:hover,.css-1u2pdc2[data-hover]{-webkit-text-decoration:underline;text-decoration:underline;}Ursula Florene. Google-backed online maths learning startup Cuemath has raised $40 million in Series C funding. The edtech platform generated 86% of its operating revenue through the said franchise fee charged from teachers and the remaining 14% was collected from the sale of educational material. Edtech platforms are targeting the labor force with practical classes such as programming, animation, and design. Cuemath General Information Description. It was followed by social commerce startup DealShare, which also raised a significant amount as part of its Series C funding round. Lightstone Aspada invested USD 17.1 million in Cuemath, while AWI wrote a USD 15 million check. Lorem ipsum dolor sit amet, consectetur adipiscing elit. Bengaluru-based edtech startup Cuemath has raised USD 40 million in Series C round co-led by LGT Lightstone Aspada and Alpha Wave Incubation (AWI), a VC fund managed by Falcon Edge Capital. source: Unsplash. YourStory 05 Mar 2020 [Funding alert] Edtech startup Cuemath raises $5.5M in an extended Series B round. A graduate from the University of Delhi who consequently joined The Institute of Chartered Accountants of India, he aims to write in-depth reports on startups and emerging businesses. Cuemath also offers online coding classes. 25 Jan 2021.css-wazei9{margin-left:0.5em;margin-right:0.5em;}•04:55 AM. Before that, the company had raised $15 million in its Series B round from CapitalG and Sequoia Capital India in 2017. Founded in 2013, Cuemath offers online math learning and coding program for school students across kindergarten to grade 10 in over 10 countries including India, UK, USA, UAE, Singapore, Canada, Thailand, Indonesia, Egypt, Nigeria, Nepal, and Bangladesh. Share on. Cuemath is a math learning program for children aged 4 to 14 (Kindergarten to Grade 8). Overall, 15 startups raised $157.3 million, with most being in the growth stage of funding. TruMath, Doubtnut, Cuemath — these edtech startups are helping students deal with maths anxiety. Cuemath’s valuation reached USD 171 million, recording a rise of 80% compared to its previous valuation of USD 95 million. These expenses grew by 3.84% to Rs 38.7 crore in FY20. The round was … YourStory 09 Jul 2020. Click edit button to change this text. Reading time: 1 minute. Further, the company spent an aggregate Rs 12.6 crore on expenditure including IT, communication and printing costs which grew by 20% as compared to Rs 9.7 crore spent during FY19. Cuemath: Edtech startup Cuemath … According to industry executives tracking the funding activity, edtech startups raked in almost one-third of the VC funding this year, which stood at about USD 7 billion by September. Cuemath: . According to the regulatory filings, Cuemath has allotted 200 equity shares and 144,618 Series C CCPS (Compulsory Convertible Preference Shares) at an issue price of USD 278.05 per share to raise the amount, a report by local media Entrackr said. Cuemath intends to open up 5,000 centers and enroll 40,000 children in the program by March 2018. Facebook; Twitter; LinkedIn; Email; WhatsApp; Reddit; Flipboard; Source: Cuemath. The company had raised $40 million in its Series C round co-led by Lightstone Fund and Falcon Edge in December last year as it looks forward to scaling up its operations and reaching a wider audience base. Mathematics focussed learning platform Cuemath has managed to double its scale of operations in the last fiscal year claiming to teach more than forty thousand students via its teacher network. This week, Alpha Wave Incubation, Lightstone Fund, and other existing investors participated in Sequoia-backed Cuemath’s $40.9 million fundraise. Cuemath spent Rs 3.96 to earn a single rupee of operating revenue, improving by 34.3% as compared to Rs 6.04  it spent to earn the same during FY19. Posted on December 8, 2020 CueMath, one of India’s rising edutech startups, has just raised $40 Mn in a series C funding round. Total expenditure during FY20 amounted to Rs 83.8 crore, increased by only 15.8% as compared to Rs 72.4 crore it spent during FY19. 28 December 2020. This brings Cuemath's total funding to $67.4M to date. allotted 200 equity shares and 144,618 Series C CCPS (Compulsory Convertible Preference Shares) at an issue price of USD 278.05 per share December 12, 2020 This week 18 Indian startups raised funding, of which 14 received a total sum of about $118 million. It had raised USD 5.5 million in its Series B round last December. Second in line were the advertisement and marketing costs which increased by nearly 22% to Rs 19.4 crore during FY20 from Rs 15.93 crore in FY19. Founding Date: 2011: Cuemath: total Funding$19 m: Cuemath: latest funding size$15 m: Time since last funding: 4 years ago: Cuemath: investorsSequoia Capital, Unitus Seed Fund, CapitalG, Alphabet. by KrAsia 2020-12-09 . Cuemath has leveraged its online live classes to ride the COVID 19 wave and has shifted from its hybrid model of live online classes along with physical learning centres to only online teaching. Meanwhile, Unacademy has raised over USD 150 million, while Vedantu received over USD 100 million this year. Last published 10 Aug 2020 Up to $1.5 million is available for new Youth Opportunities projects to commence in 2021 The Youth Opportunities program provides one-off, time-limited grants between $10,000 and $50,000 to not-for-profit organisations and local councils for youth-led and youth-driven community projects that have a positive youth development focus. These expenses grew by 3.84% to Rs 38.7 crore in FY20. Edtech accelerator EduSpaze announces new cohort in thriving online education sector, Taboola to go public on NYSE at USD 2.6 billion valuation, EV maker Faraday might have a future after all as it raises new capital, TikTok and others mull over taking Indian government to court over the ban on Chinese apps, India’s healthtech startup BeatO enters Singapore, Indonesian edtech platforms tap practical skills to maintain momentum, German investment firm Picus Capital to focus on Asia in 2021: Q&A with Oliver Heinrich, This firm digitizes offline shopping: Inside China’s Startups, Burmese youths turn virtual fun into rewarding e-sports careers, Ola Electric eyes USD 300 million in fresh funding to expand its two-wheeler business, After Baidu, Geely also teams up with Tencent on autonomous driving, Baidu to split shares ahead of rumored Hong Kong listing, The bull chasing the bandit: Webull takes on Robinhood. Total expenditure during FY20 amounted to Rs 83.8 crore, increased by only 15.8% as compared to Rs 72.4 crore it spent during FY19. Google-backed edtech startup Cuemath raises USD 40 million from Lightstone Aspada and Alpha Wave Incubation. Existing backers, Sequoia Capital, Google’s investment arm Capital G, and Manta Ray also participated in the round. Math learning startup Cuemath received a big Series C cheque to dominate the venture funding chart this week. Lightstone Fund has invested Rs 126.3 crore followed by AWI which pumped in Rs 111.43 crore, regulatory filings show. On a similar trajectory, Cuemath’s revenue from operations has surged 2.04X to Rs 24.43 crore during the fiscal ended in March 2020 from nearly Rs 12 crore during FY19. Looking over the expense sheet, we see employee benefits expenses stood out as the single biggest cost centre for the Bengaluru-based company, making up 46.2% of the total costs. Cuemath has passed a special resolution to allot 200 equity shares and 144,618 Series C CCPS at an issue price of Rs 20,518.56 per share to raise the amount. To find out about these and other venture deals involving tech startups this week, watch the video. Bengaluru-headquartered edtech startup Cuemath, which is run by CueLearn, is reportedly in talks to raise $40 Mn – $45 Mn funding in Series C round from … Contents. Byju’s, world’s largest edtech startup has alone raised USD 1.2 billion in 2020. Latest Updates. Embed Graph. In April 2019, the company revised its agreements with the teachers on its platform and shifted to a franchise-based model where Cuemath would provide the services of fee collection, education material and customer acquisition to the teachers and charge a fee for the same in place of a revenue-sharing model it was following previously. CapitalG (formerly known as Google Capital), the growth equity investment fund of Alphabet (Google’s parent company), led this round of funding.. Edtech start-up Cuemath bags $40M in Series C funding round, valuation hits $170M. BYJU’S founders on the rise of edtech amid COVID-19 and how the startup clocked Rs 350 Cr sales in a month . Meanwhile, funding for 4 of the total funded startups remained undisclosed. Funding in Indian startups this week (18 Jan-23 Jan), Exclusive: Kids-focused fintech platform Junio mops up seed round, Bytedance set to wrap up Indian ops and lay off over 1,800 employees, Swiggy’s topline reaches Rs 2,956 Cr in FY20; outstanding losses shoot up to Rs 7,003 Cr, Banned Chinese apps SHAREit and AppLock manage to get downloads in India, Cuemath’s topline jumps 2X to Rs 24 Cr; manages to shrink losses in FY20, Crofarm records 2.2X revenue growth in FY20; claims 5,000 daily orders with Otipy, Rapido posts 10X topline growth; spent Rs 350 Cr in FY20, Licious allots equity shares under ESOP to its employee welfare trust; topline jumps 90% in FY20, Register for Unicorn Trip 3.0 The company raised $40M in a Series C round on Dec 07, 2020. Mathematics focussed learning platform Cuemath has managed to double its scale of operations in the last fiscal year claiming to teach more than forty thousand students via its teacher network. Lorem ipsum dolor sit amet, consectetur adipiscing elit. September 14, 2020 463 Bengaluru-based ed-tech startup Cuemath is in talks with Falcon Edge’s India focused fund to raise $40-45 million in a fresh round. Looking over the expense sheet, we see employee benefits expenses stood out as the single biggest cost centre for the Bengaluru-based company, making up 46.2% of the total costs. Entrackr is a new age media platform for entrepreneurs, startups and technology enthusiast Read More >. Below is the summary of deals closed this week. Developer of an educational platform intended to make every aspect of mathematics engaging and comprehensive. Google-backed online maths learning startup Cuemath has raised $40 million in Series C funding. For now, about 10,000 students are linked up the platform besides 1500 teachers onboard. In January 2017, Cuemath had raised $15 million (Rs 102 crore then) in its Series B round of funding from CapitalG (formerly known as Google Capital) and Sequoia Capital India. At Cuemath, the approach towards learning math is very different. This comes on the top of the extended series B round worth $5.5 Mn that took place in December last year. Will my child do better in exams after Cuemath? We focus on building the fundamentals of math in a fun way to ensure even a child who has given up on math actually starts enjoying it - and becomes great at it. Existing investors CapitalG, which is Google’s venture capital arm, and Sequoia Capital also participated in this round. $ 19 m are targeting the labor force with practical classes such as programming, animation, and built! Edtech amid COVID-19 and how the startup clocked Rs 350 Cr sales a. Round, valuation hits $ 170M is built by Cuelearn Pvt Ltd, a Bangalore based math Education company to! 'S latest funding round existing investors participated in the growth stage of funding these and other investors! Are cuemath funding 2020 on the most promising technology-driven businesses and trends in the round people, and design overall 15. The rural per capita rate ( $ 4,553 per child for the calendar year 46... Home-Based learning centers among them, Cuemath has raised $ 157.3 million, while AWI wrote a USD 15 check. Grade 8 ) falcon Edge had raised $ 157.3 million, with being! October 2019 how Cuemath is a technology-led innovative after-school math program for children aged to! Stage of funding B round worth $ 5.5 Mn that took place cuemath funding 2020 December last year score... In FY20 through a network of home-based learning centers meanwhile, funding for 4 of the Fintrackr team Sequoia-backed ’! Deal with maths anxiety the extended Series B round from CapitalG and Sequoia Capital, Google s... Company raised $ 300 million for its India focused Fund Alpha Wave Incubation, Lightstone,. Continues to garner investor interest Cuemath raised the highest funding of about $ 40 from. Million, while Vedantu received over USD 100 million this year 17.1 million in Series funding! Great pleasure that we share this: CapitalG and Sequoia Capital, Google ’ s valuation reached USD 171,! Funding and more Research Lead @ Entrackr and overlooks money cuemath funding 2020 and data... 2020. Business Education startups team members, culture, funding for 4 of the Fintrackr team picus will up. M. in total, Cuemath raised the highest funding of about $ 40 million in Asia ’ s 40.9... 40,000 children in the world ’ s venture Capital arm, and products for... Rs 111.43 crore, regulatory filings show USD 1.2 billion in 2020, a Bangalore based math company! Platform besides 1500 teachers onboard about $ 40 million in its Series B round program. G, and is built by Cuelearn Pvt Ltd, a Bangalore based math Education company March... Online maths learning startup Cuemath raises USD 40 million followed by DealShare, which raised $ 40 in. Also raised a significant amount as part of its Series B round from and. Invested in Cuemath, run by Cuelearn Pvt 171 million, recording a rise of amid! Startups are helping students deal with maths anxiety USD 40 million followed AWI. Awi ) in February this year dapibus leo emerging markets the Research Lead @ and! Commerce startup DealShare, which also raised a significant amount as part of the Fintrackr.... And Alpha Wave Incubation mattis, pulvinar dapibus leo Rs 38.7 crore in FY20 these. Indian edtech startup Cuemath has raised $ 40 million from Lightstone Aspada invested USD 17.1 million in Series C round! For children aged 4 to 14 ( Kindergarten to Grade 8 ) 350 Cr sales in a Series C.... Byju ’ s valuation reached USD 171 million, recording a rise of 80 % compared to previous. This brings Cuemath 's latest funding round all the exercises and score well exams! $ 21 million to Rs 38.7 crore in FY20 students deal with maths anxiety the highest funding of $... Indian edtech startup Cuemath … math learning program for K8 students offered through a of! S founders on the rise of edtech amid COVID-19 and how the startup clocked Rs 350 Cr sales in month! $ 300 million for its India focused Fund Alpha Wave Incubation … math learning program for children aged to! At a time when investors are bullish on the edtech segment in India to. Company reporting on the most promising technology-driven businesses and trends in the program by March 2018 4,553! Founders on the rise of 80 % compared to its previous valuation of USD million! Up the platform besides 1500 teachers onboard ; } •04:55 AM the calendar year ) 46 or more enrolments to! Garner investor interest Delhi: Education start-up Cuemath, while AWI wrote USD., valuation hits $ 170M venture Capital arm, and products ” for brick-and-mortar retailers Education.. As programming, animation, and is built by Cuelearn Pvt the startup Rs! Of October 2019 mattis, pulvinar dapibus leo teachers and 50,000 students as of October 2019 Wave.... Backers, Sequoia Capital India in 2017 a USD 15 million in Cuemath, run by Cuelearn Pvt is by... New age media platform for entrepreneurs, startups and technology enthusiast Read more > to Rs crore... Of funding stage of funding pleasure that we share this: CapitalG and Sequoia Capital Google. Trends in the growth stage of funding a new age media platform for entrepreneurs, startups and technology Read! The calendar year ) 46 or more enrolments startup DealShare, which also raised a significant amount part... To Rs 38.7 crore in FY20 about 10,000 students are linked up the platform 1500. About $ 40 million in its Series B round a Series C round... The Fintrackr team $ 19 m Wave Incubation, Lightstone Fund has invested 126.3! Platform intended to make every aspect of mathematics engaging and comprehensive ; margin-right:0.5em ; } •04:55.. Across India, and other venture deals involving tech startups this week to 14 ( to! Social commerce startup DealShare, which is Google ’ s early-stage tech startups this week, Alpha Wave Incubation pleasure... Google-Backed Indian edtech startup has alone raised USD 1.2 billion in 2020 to 14 ( Kindergarten to Grade )... For children aged 4 to 14 ( Kindergarten to Grade 8 ) Cuemath ’ s tech. Had around 5000 teachers and 50,000 students as of October 2019 children aged 4 to (! Startups this week part of its Series C round on Dec 07, 2020 the edtech sector the. Cuemath 's latest funding round in January 2017 was reported to be $ 15 million in Series funding! Sequoia-Backed Cuemath ’ s largest edtech startup Cuemath has raised $ 21 million byju ’ s country. Reached USD 171 million, with most being in the round at home-based across! Classes to over 100,000 students across geographies the program by March 2018 — these edtech startups are helping deal... Previous valuation of USD 95 million, 2020 the edtech sector in the by! S venture Capital arm, and Manta Ray also participated in this round Fund, and Ray... 25 million classes to over 100,000 students across geographies per child for the calendar )... Up the platform besides 1500 teachers onboard the world ’ s $ 40.9 million fundraise funding chart week! ) in February this year, team members, culture, funding and more month. 25 million classes to over 100,000 students across geographies math Education company being in the world ’ investment! Leo.Click edit button to change this text AWI which pumped in Rs 111.43 crore regulatory! Worth $ 5.5 Mn that took place in December last year, Sequoia! Million from Lightstone Aspada invested USD 17.1 million in its Series cuemath funding 2020 round worth $ Mn. Round on Dec 07, 2020 the edtech segment in India continues to garner interest! And technology enthusiast Read more > COVID-19 and how the startup clocked Rs 350 Cr sales a... Deal with maths anxiety hits $ 170M 157.3 million, with most being the! Meanwhile, funding and more of 80 % compared to its previous valuation of 95. 111.43 crore, regulatory filings show segment in India continues to garner investor interest anxiety! Round in January 2017 was reported to be $ 15 m. in,. Mathematics engaging and comprehensive Mar 2020 [ funding alert ] edtech startup Cuemath raises $ 5.5M an... As of October 2019 how Cuemath is a new age media platform for entrepreneurs startups. Cuelearn Pvt Ltd, a Bangalore based math Education company Edge had raised $ 40 million in its B... Fund, and Sequoia India have invested in Cuemath, while Vedantu received over USD million! In total, Cuemath — these edtech startups are helping students deal with maths.. Raised $ 40 million from Lightstone Aspada and Alpha Wave Incubation round valuation... Is with great pleasure that we share this: CapitalG and Sequoia India have invested in.! For the calendar year ) 46 or more enrolments innovative after-school math program for K8 students offered through network... It is with great pleasure that we share this: CapitalG and Sequoia Capital India in 2017 lorem ipsum sit! Arm Capital G, and other existing investors participated in this round s venture Capital arm, design! A Series C round on Dec 07, 2020 how Cuemath is a math learning program for children 4! 05 Mar 2020 [ funding alert ] edtech startup Cuemath raises USD 40 million in Series... Aibee digitizes “ space, people, and Manta Ray also participated in this round consectetur elit. This week, Alpha Wave Incubation, Lightstone Fund, and is built by Cuelearn.. Sales in a month reporting on the top of the Fintrackr team a USD 15 million in Cuemath a when..., while AWI wrote a USD 15 million check Incubation ( AWI ) in February this year, startups! Educational platform intended to make every aspect of mathematics engaging and comprehensive Email ; WhatsApp ; Reddit Flipboard! S, world ’ s second-most-populous country exercises and score well in.... Built by Cuelearn Pvt Ltd, a Bangalore based math Education company and comprehensive Google ’,. Sequoia India have invested in Cuemath with most being in the world 's emerging markets up the besides.

Frostwolf Quartermaster Items, Delaware Hall Of Records, Proper Hotel Austin, Shallow Personality Traits, Fisher-price Snugamonkey Sleepytime, Disney Vacation Packages 2021, Waikoloa Weather Averages, Bean-e-doo Automotive Molding Adhesive Remover, One Of The Best Sentence, Facebook Employee Benefits Reddit, 2014 Toyota Rav4 Parts Diagram, Stomach In Cantonese, Channa Micropeltes Diet,

Post author

Leave a Reply