ENGG online learning platform raises fund for exclusive & interactive learning
- ByStartupStory | March 3, 2022
Mumbai-based FEAST Software Private Limited (“ENGG Online”), an incubate of Society for Innovation and Entrepreneurship (SINE), IIT-Bombay, is India’s first company to develop a SaaS-based platform for tutors/trainers with a unique pedagogy of experiential learning using Augmented Reality (AR) and Virtual Reality (VR).The company has secured equity financing of around USD 3.5 million in a pre-Series operations led by ace angel investors including Madhu Kela, PS Jayakumar, and Aamara Capital’s Kishor Shah .
The company will use the funds towards development, delivery, and infrastructure required for the expansion of operations . ENGG Online also boasts of a host of marquee partnerships with companies including construction giant L&T, engineering firm Afcons, agritech company UPL, NIT Surathkal among others.
It claims to have the ‘first-mover’ advantage and is targeting close to 3,000 degree colleges, about 3,050 diploma colleges and about 14,000 ITI Colleges in the country.
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