Jaipur-based eShiksa, an education management portal, has raised an undisclosed amount from Cross Border Angels & Experts (CBA; previously Cross Border Angels), an international angel network, as part of an extended seed round.
Rajasthan Angel Innovators Network chairman and co-founder Mahavir Pratap Sharma, who invested an undisclosed amount in eShiksa last October, also put in money.
Previously, the ed-tech startup had raised an undisclosed amount in angel funding from Dewang Neralla, CEO of Atom Technologies, an end-to-end payment services provider.
“eShiksa is expected to benefit from the digital revolution by assisting educational institutes with its technology platform, reducing inefficiencies in the system,” said Mandar Gadkari, who heads CBA’s Asia-Pacific, Middle East and Africa operations.
The ed-tech firm was also among the eight startups shortlisted by CBA as part of its second annual conference, Startup India Rocks, held in Bangalore recently.
Pravin Sharma, founder and CEO of eShiksa, told VCCircle that the funds will be used for geographical expansion, customer acquisition and operational ramp-up.
Founded by Sharma in 2013, eShiksa provides a comprehensive solution for management of educational affairs of an institute. It offers 36 modules, such as student module, HR module, examination module, fee module and finance module, among others. With the new round of funding, the company plans to introduce new services and modules.
It gets the chunk of its revenues from institutes using its services. Some of its modules are add-on features that can used by the students and parents, for which it charges the institute a nominal yearly fee per individual user. Going forward, it is looking to start collecting fees directly…