your password has been reset successfully, Please login again.

Ed-tech startup Rubix raises Rs.6 crore funding

Ed-tech startup Rubix raises Rs. 6 crore funding in pre-series A round led by Polaris Fund, others.
BY BEx Bureau
Jan 18, 2018

In India, the ed-tech space is booming at present and investors are keen in this space. One of the recent investments in this space is Pune-based ed-tech startup Rubix108 Technologies has raised funding of Rs.6 crore ($1 million) in pre-series A round led by Polaris Fund and Ayush Kankariya, a high net worth individual and financial services expert also took part, said a companys statement.

In 2015, the ed-tech startup was launched by Anmol Chhoriya, Rahul Kankaria, and Manish Harodia. The startup provides an interactive platform for every professional linked with education space including teachers, parents, administrators and merchants, among others. The company plans to use the raised funding to strengthen its hold on customers and expand its services in new markets like Malaysia, Indonesia, Sri Lanka, and the Middle East.

The companys application helps in schooling system management where students, parents, teachers get a daily update of information like fee structure, attendance, progress report, meal plan, timetable, etc.

Harodia said, The funds will be used to prune the product and augurs well for the huge demand we are witnessing from international clients. We aim to treble the customer base this year and increase the top-line ten times. Proactively identifying solutions to make educational institutions more productive is one of our key drivers.

The startup has managed to create a database of over 3,00,000 students along with 10,500 teachers and 600 schools.

Please add your Comment
January 22, 2019
China expects a slowdown in the FY-2019; trade war and decreasing demand need to be blamed. ...More
By Jaspreet Kaur
January 22, 2019
USB Q4 pre-tax profit leaps down by $1.038 billion; the bank envisions a slowdown in the further cou ...More
By Jaspreet Kaur
January 16, 2019
Commerce and Industry Ministry has exempted taxes on startups, who actively looking for angel invest ...More
By Jaspreet Kaur
November 20, 2018
Through this investment, BillDesk will develop new product lines for its payments and loyalty busine ...More
By Vaishnavi Gupta
November 13, 2018
The investment is made by the firm to boost its capabilities to deliver tech solutions that will hel ...More
By Vaishnavi Gupta
November 01, 2018
The fresh funds will be used by Turms to expand its product categories, hire tech talent and launch ...More
By Vaishnavi Gupta
October 31, 2018
The funds raised will be used by Duroflex to expand to new markets across India. ...More
By Vaishnavi Gupta
October 09, 2018
The company is expecting that the AP unit will help it to strengthen its presence in the highly comp ...More
By Vaishnavi Gupta
September 22, 2018
The startup is planning to use the funds to primarily expand operations. ...More
By Vaishnavi Gupta
September 13, 2018
The raised funds will be used to build the brand, expand distribution, and increase product offering ...More
By Vaishnavi Gupta
September 07, 2018
New funds enable GreyOrange to accelerate the fulfillment of its vision to develop the next generati ...More
By Vaishnavi Gupta
September 06, 2018
JSW Steel and promoters have bought around 88% stake in the Monnet Ispat and Energy Ltd (MIEL). ...More
By Vaishnavi Gupta