Experience discovery platform Trell announced that it has raised $304,268 in debt funding from Beenext, while ed-tech startup Gradeup has secured $7 million in series A funding from Times Internet.
Gradeup raises $7m in Series A Funding From Times Internet
Edtech startup Gradeup has raised $7 million in series A funding from Times Internet, according to an announcement.
The company said that it will use the proceeds to enhance its technology and product capabilities, scale its academic team, and diversify its offerings.
Established in 2015, the company claims to help over 15 million exam takers in preparations for examinations such as JEE, NEET, IBPS, SSC, TET, GATE, and UPSC.
The company targets to increase student enrollments to 60,000 by the end of next year and 150,000 by the end of 2021.
Trell secures $300k debt from Beenext
Bangalore-based experience discovery platform Trell has secured $304,268 in debt funding from existing investor Singapore-based venture capital firm Beenext, according to YourStory.
The firm issued 21,500 compulsory convertible debentures at INR 1,000 each to Beenext in October.
Trell, which launched in August 2017, is a video-first experience discovery platform, targeting millennials who can use it to discover food, movies, books, and travel.
The company previously raised $1.25 million in seed round funding from several individual investors, Sprout Ventures, WEH Ventures, and Beenext.
In India, the company competes with Tripoto, a travel-focused user-generated site. Meanwhile, Beenext has invested in Indian startups, including Droom, No Broker, Cred, Rebel Foods, and Zefo.