Monday, February 26, 2024
HomeInsightFunding Alert Edtech Startup ConveGenius Secures $7 Mn Growth Funding

[Funding alert] Edtech Startup ConveGenius Secures $7 Mn Growth Funding

ConveGenius, an ed-tech firm specializing in artificial intelligence (AI), secured $7 million (Rs 58 crore) in a fundraising round led by Mount Judi Ventures and UBS Optimus Foundation, among other investors.

ConveGenius, an ed-tech firm specializing in artificial intelligence (AI), secured $7 million (Rs 58 crore) in a fundraising round led by Mount Judi Ventures and UBS Optimus Foundation, among other investors.

The round also included participation from current investors Michael & Susan Dell Foundation, Bace Capital, Heritas Capital, and Grey Matters Capital.

Read also – [Funding alert] GetVantage Announces Rs 250 Cr SaaS Accelerator Fund II

“This funding round marks a crucial step in ConveGenius’ journey. Our team remains steadfast in the pursuit of empowering every learner, starting with India and fostering data-driven governance for transformative change in education,” said Jairaj Bhattacharya, Cofounder and CEO of ConveGenius.

An astounding 77 million+ students in India have already used its conversational AI platform, SwiftChat, and flagship Ed-Tech platform, ConveGenius.

Read also – [Funding alert] Mental Health Platform Amaha Secures Rs 50 Cr Funding Led by Fireside Ventures

The company intends to expand the GenAI features of its conversational artificial intelligence bot store, SwiftChat, with the help of the additional investment.

About ConveGenius

ConveGenius is a social enterprise that has been at the forefront of creating and implementing technological platforms that use big data analytics and conversational AI to effectively transform emerging markets.

Read also – [Funding alert] SaaS Accelerator Upekkha Announces First Close of $40 Mn Upekkha Fund

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