Edutor Technologies raised 2Cr
2012-03-20Edutor Technologies has raised 2Cr from Hyderabad Angels. The strategic investment was led by Sashi Reddi, a serial entrepreneur with Rs. 1Cr and other reputed personalities from industry and education field.
Ram Gollamudi - CEO, Edutor Technologies, said, "We believe in the power of personal learning and are constantly focused on developing products that deliver engaging and effective learning experiences. This strategic investment will further boost our efforts in delivering more innovations in the learning and education space."
Sashi Reddi, Founder, SRI Capital Fund and the lead investor from Hyderabad Angels Network said, "Edutor Technologies is a technology start-up with a vision to create products for Indian Education Market. Use of Edutor products will enable children to improve their understanding, increasing their learning, boosting their confidence and help them perform better. The Indian Education Market is expected to touch 50 billion USD by 2015 and thus we see a huge market opportunity for Edutor Technologies in this space."
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