Startup & Entrepreneurship
Ed-Tech company ConveGenius raises INR 60 million
Aiming to further scale up and build on its existing education content, ed-tech company ConveGenius has raised an equity investment worth INR 60 million from The Michael & Susan Dell Foundation.
It has been backed by Ashish Gupta, the founder and trustee of Ashoka University and ex-COO and Global Head of Evalueserve in their seed and angel rounds apart from other angels from Singapore, Malaysia and Australia.
The Indian company offers mobile solutions for an enhanced quality of education. ConveGenius curates content from multiple high-quality companies like Mexus Education (Iken), StoryWeaver from Pratham Books, and Chipper Sage.
Jairaj Bhattacharya, the co-founder and CEO of ConveGenius said, “We are excited to be backed by MSDF in our endeavours to reach 3 million children across India and other emerging markets by 2020.”
“With the current investment, we look to bring exciting content providers across various languages, and further strengthen our technology for self-learning by building in intelligence and Adaptivity on the CONVEGENIUS Slate platform,” he added.
The company uses advanced technology, assessments and data analytics tools to track the progress being made by students in real time, and provide them personalised learning paths with relevant content.
Prachi Windlass, the director for Michael and Susan Dell Foundation’s India Education portfolio, said, “Unlike most educational tech companies that are spending all their time and resources on creating more content, ConveGenius has taken a bold approach: to be a platform leveraging already available content and focus its energies on effective delivery.”
Founded in 2013 by Bhattacharya and Shashank Pandey, ConveGenius is the first platform company in the K-12 space in India, offering learning programs that enhance grade level competencies for primary school children.
The product is available for Rs 4500 per year and has adopted by NGOs across India as well as high-end learning centres in Singapore. This year, their flagship tablet-based product — ConveGenius Slate will impact nearly 90,000 children across the country.