e-Learning services provider Schoolguru announced that it has raised Rs20 crore in Series A funding from the family offices of a few HNI investors in India and USA. The funds raised will be invested in upgrading technology and enhancing its content library. "The funding will allow us to improvise our technology.
We have plans to offer services of our platform not only to the distance learning students but also to those enrolling in traditional classrooms. The technology, we hope, will bring a change in the classroom education of remote areas of the country," said Shantanu Rooj, CEO and co-Founder, Schoolguru. Schoolguru was started in 2012 by Shantanu Rooj, Ravi Rangan and Anil Bhat to help universities offer e-learning services to students. Schoolguru currently services 12 large Indian government universities and helps them manage their online course delivery platforms.