<article>Education firm Chrysalis. virtual reality startup Scapic Innovations and fintech company MoneyOnMobile have raised funds.</article>

Education firm Chrysalis. virtual reality startup Scapic Innovations and fintech company MoneyOnMobile have raised funds.
<h3>Gray Matters Capital backs Chrysalis</h3>
Educational reform organisation Chrysalis, operated by EZ Vidya Pvt. Ltd, has raised an undisclosed amount in a pre-series A funding round from Indian education sector focused impact investor <a href="http://dealstreetasia.com/tag/gray-matters" target="_blank" rel="noopener">Gray Matters Capital</a>.
The Chennai-based company plans to use the funds raised through this round to build on its research capabilities and to strengthen its multi-channel approach, according to an official statement. It will also use the funding to foray into the segment of affordable private schools.
Boutique investment bank Unitus Capital acted as an exclusive financial advisor to Chrysalis, while impact investment management firm CBA Capital supported Gray Matters Capital on this transaction.
<h3>VR startup Scapic Innovations raises $500k seed funding</h3>
Virtual reality and augmented reality platform Scapic Innovations Pvt. Ltd has raised $500,000 in a seed round from <a href="http://dealstreetasia.com/tag/axilor" target="_blank" rel="noopener">Axilor Ventures</a>, Speciale Invest and Newfort Capital.
Bengaluru-based Scapic allows users to build, explore and share virtual and augmented reality experiences right from their web browser. Scapic was previously part of Y Combinator’s accelerator.
Founded early last year, the company plans to use the funds raised for product development and research.
<h3>Fintech startup MoneyOnMobile raises $7.6m funding</h3>
Fintech startup MoneyOnMobile has raised $7.6 million in a Series F round of funding through preference shares.
The Mumbai and Dallas-based company plans to use these funds to execute their business plan and drive growth across its product lines.
Founded in 2010 by Jolly Mathur, Rajat Sharma, Ranjeet Oak and Shashank Joshi, MoneyOnMobile offers mobile payments services to its users.
MoneyOnMobile last raised $1.5 million through debt financing from Yes Bank in December 2016. Earlier, in September 2013, the company raised $10 million in its venture funding round from Calpian Inc.
Also Read:
<a style="color: #ff0000;" href="https://www.dealstreetasia.com/stories/india-dealbook-tempogo-mistay-raise-funding-87179/" target="_blank" rel="noopener">MiStay gets funding from Axilor Ventures, others</a>
<a style="color: #ff0000;" href="https://www.dealstreetasia.com/stories/india-school-hospitality-open-appliances-funding-86047/" target="_blank" rel="noopener">Open Appliances secures $550k from Axilor Ventures, Kumar Vembu</a>

Educational reform organisation Chrysalis has raised an undisclosed amount in a pre-series A round from Indian impact investor Gray Matters Capital.

India Dealbook: Chrysalis, Scapic Innovations, MoneyOnMobile raise funds

Bring stories like this into your inbox every day.

Sign up for our newsletter - The Daily Brief

India Dealbook: Chrysalis, Scapic Innovations, MoneyOnMobile raise funds

Start your deal-making journey now!

Bring stories like this into your inbox every day.

Sign up for our newsletter - The Daily Brief