ConveGenius AI raises $5M in Pre-Series A funding
Edtech startup ConveGenius AI recently raised $5 million in Pre-Series A funding led by BAce Capital, Heritas Capital and 3Lines Venture Capital, along with existing investor Michael and Susan Dell Foundation.
“As schools were closed over prolonged periods during the pandemic, we believe that ConveGenius is well placed to tackle the learning crisis and gaps that have severely impacted students across India and in other emerging markets in the region. We are pleased to support ConveGenius in their mission to further scale their impactful solutions, providing greater access to affordable quality education for all,” said Head of venture capital at Heritas Capital, Janet Chia.
The company plans to use the capital raised to grow its AI platform in India and South-East Asian markets, alongside expanding its products on Whatsapp and other channels beyond EdTech. It also aims to expand its user base across a variety of verticals and allow developers to launch solutions on the platform. Furthermore, ConveGenius AI will also continue to strengthen its product offerings.
“We are excited to execute on our mission to take our value proposition to one billion users globally and make knowledge and content accessible for all in a one-click experience,” stated ConveGenius CEO, Jairaj Bhattacharya.
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