PrimeOS raises undisclosed seed funding from Venture Catalysts

Image
ANI New Delhi [India]
Last Updated : Aug 01 2018 | 4:30 PM IST

Venture Catalysts on Wednesday announced making a seed investment in the cutting-edge Android-based laptop OS, PrimeOS.

Venture Catalysts investors participating in the round are Kundan Deotale, Vikas Kapoor, Yogesh Choudhary, Arun Tyagi and many more. PrimeOS is backed by a prominent leadership team and its products are poised to change the way digital education is consumed with a vision of enhancing the learning outcome of students via millions of Android applications.

The key verticals that PrimeOS is targetting include ed-tech and consumer electronics. Besides brining about a paradigm shift in the productivity of students using digital education tools, its business model is built on licensing PrimeOS to laptop manufacturers.

We were highly impressed at the level of innovation at PrimeOS, the passion of its founding team as well as its sound business model and are convinced of its ability to emerge as one of the foremost players in its category," said co-founder and president - Venture Catalysts, Dr. Apoorv Ranjan Sharma.

"The VCats team has helped us validate our vision while investing capital in our firm. Apart from fundraising, VCats has also supported the company in building the business and getting the right connections in the market. We feel privileged to have the team mentor us as we enter our next phase of growth," said Chitranshu Mahant, co-founder and CEO.

Disclaimer: No Business Standard Journalist was involved in creation of this content

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Aug 01 2018 | 4:30 PM IST

Next Story