Eupheus Learning raises $4.1m in series B marking Kuwait’s first investment into India’s edtech market

NEW DELHI: Eupheus Learning, a Delhi based mostly main B2B edtech firm has raised $4.1 million in Series B funding spherical led by United Schooling Firm (UEC); Kuwait’s main firm in the schooling sector and Al Rayan Holding Firm (ARHC) in which UEC holds a majority stake.

Eupheus will use the brand new capital for natural enlargement in home markets largely in dwelling studying options leveraging on creating depth in buyer acquisition by its faculty ecosystem. Worldwide enlargement might be a spotlight space beginning with the Center East and foraying into different markets like Sri Lanka and Bangladesh. The corporate may even pursue inorganic progress alternatives by acquisitions.

“We see an enormous alternative in utilising their choices to enhance studying outcomes throughout our community of colleges in the Center East,” stated Shaikha Dana Nasser Al-Sabah, chairperson, UEC.

With the mission to be the main accomplice for faculties to impart Twenty first-century expertise to college students, Eupheus Learning was based in June 2017 by Sarvesh Shrivastava, Ved Prakash Khatri, and Amit Kapoor. Eupheus’s options vary throughout a number of pedagogies from core curriculum topics to supplemental studying to at-home options, pushed by unique partnerships with worldwide gamers like ETS, Sanako, World Ebook and Fiction Categorical.

“We’re proud to be one of many few worthwhile firms in the EdTech area in India. We’re excited to accomplice with UEC and ARHC to roll out our options throughout the Center East and grow to be the main EdTech platform in the area,” stated Sarvesh Shrivastava, founding father of Eupheus.

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