- Revolutionising the way schools and universities function in India, Jaipur-based education service portal eShiksa has raised an undisclosed amount of funding from Mumbai-based Mentor Capital as part of an extended seed round.
- As far as monetisation is concerned, it follows a per student per year pricing model to the institute and services are charged to parents/students.
- The company's user base at present is over 500K, and it looks to acquire over more than 1 million users on its platform in the next 12-18 months.
- However, Sharma emphasises, that the company is looking to do a transaction value of over INR 300 Cr per month in the next 12-18 months for various services which are enabled on the platform for the users.
Exclusive: eShiksa Raises Funds To Digitise Indian Schools And Colleges
28 March 2019 9:31 PM GMT
Talking to Inc42 eShiksa founder Pravin Sharma said that the funds will be used for geographical expansion to Indonesia and Dubai.