Funding
Edtech firm Arivihan raises $4.17 million from Prosus, Accel
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Arivihan, an edtech firm that offers automated, personalised coaching for school students, has raised $4.17 million in a funding round led by Dutch investment firm Prosus and Silicon Valley-based venture capital (VC) firm Accel.
The round also saw participation from GSF Investors.
The funds will be used for expansion into three new states, growing its AI research and language support capabilities, and strengthening its on-ground marketing and distribution efforts.
“When we went to tier II cities, we found that 65% of the students were from…
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