Edtech Startup Edept Bags Funding Edtech startup Edept raised $1 million #seedfunding led by Enzia Ventures and Equanimity Investments. The funding round saw participation from edtech leader Arjun Mohan, along with Canada-based Loyal VC. Edept helps universities and educational institutions with curated services to offer industry-led programs meeting global job market demands. Founded in 2023 by Gaurv Bhatia (INSEAD), Puneet Saxena, CFA (IIM Lucknow), and Devendra Nagle(IIM Bangalore), Edept empowers universities and institutions to design and deliver #innovative courses that align with global job market demands. As per market intelligence firm Tracxn, in 2024 YTD, the Indian #edtech sector amassed $215 million #funding, indicating a slight rebound from the $321 million raised in 2023. However, this is far from the $4.1 billion the sector raised in 2021. The 2023 figure marked an 87% drop from the $2.4B raised in 2022, reflecting the edtech sector's continued #decline. Read here: https://lnkd.in/guyMX7_n #startupfunding #edtechstartups #edtechfunding #growthinvestment #startupfounders #omnichannelformat #digitallearning #fundingwinter #vcfunding #funding
