India Deal Monitor: Entri raises $1.7m from Good Capital and more updates

Kochi-based Entri, a local-language learning app for jobs, has raised an additional $1.7 million as part of its pre-Series A funding round led by early-stage venture capital firm Good Capital, per an announcement.

Other investors that took part in the round include Kashyap Deorah, founder of HyperTrack, and Hari TN, head of human resources at BigBasket, Entri said in a statement.

The startup had raised $1.4 million in February this year in a round led by Good Capital. The latest fundraise marks the close of its pre-Series A round at $3.1 million. It will use the funds to ramp up marketing activities and to produce more content in the coming months.

“Even as ed-tech companies get a lot of attention, the local language markets have been massively underserved. Entri’s attractive economics and rapid growth are a testament to the depth of the untapped opportunity in local language learning,” Arjun Malhotra, partner at Good Capital, said.

Founded in 2017 by Mohammed Hisamuddin and Rahul Ramesh, Entri started by providing a database of questions for government recruitment exams in Malayalam. It recently added languages like Tamil, Kannada, Telugu, and Hindi. The company said it is on track to reach 5 million users in 2020.

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Singapore Reporter/s

In Singapore, we are looking to double our reporting team by this year-end to comprehensively cover the fast-moving world of funded startups and VC, PE & M&A deals. We want reporters who can tell our readers what is really happening in these sectors and why it matters to markets, companies and consumers. The ability to write precisely and urgently is crucial for these roles. Ideal candidates must have to ability to work in a collaborative, dynamic, and fast-changing environment. We want our new hires to be digitally savvy and ready to experiment with new forms of storytelling. Most importantly, we are looking for hard-hitting reporters who work well in a team. Collaboration and collegiality are a must.

Following vacancies can be applied for (only in Singapore).

Following vacancies can be applied for (only in Singapore).   

  • A reporter to track companies/startups that have raised private capital, and have the potential to become unicorns. SEA currently has over 40 companies with a valuation of over $100 million and under $1 billion.
  • A reporter who can get behind the scenes and reveal how funding rounds are put together, or why they’ve failed to materialise. She/he in this role will largely focus on long-format stories. 
  • A journalist to track special situations funds, distressed debt and private credit (from the PE angle) across Asia.

Singapore Reporter/s

In Singapore, we are looking to double our reporting team by this year-end to comprehensively cover the fast-moving world of funded startups and VC, PE & M&A deals. We want reporters who can tell our readers what is really happening in these sectors and why it matters to markets, companies and consumers. The ability to write precisely and urgently is crucial for these roles. Ideal candidates must have to ability to work in a collaborative, dynamic, and fast-changing environment. We want our new hires to be digitally savvy and ready to experiment with new forms of storytelling. Most importantly, we are looking for hard-hitting reporters who work well in a team. Collaboration and collegiality are a must.

Following vacancies can be applied for (only in Singapore).

Following vacancies can be applied for (only in Singapore).   

  • A reporter to track companies/startups that have raised private capital, and have the potential to become unicorns. SEA currently has over 40 companies with a valuation of over $100 million and under $1 billion.
  • A reporter who can get behind the scenes and reveal how funding rounds are put together, or why they’ve failed to materialise. She/he in this role will largely focus on long-format stories. 
  • A journalist to track special situations funds, distressed debt and private credit (from the PE angle) across Asia.