Orphicy, an edtech startup, has raised Rs.2.5 million, or $ 331,000, from NRI tech enthusiasts currently in leadership positions at Facebook, McKinsey, at a valuation of Rs.25 billion. IMS Learning Resources also acquired a 1% stake in the company.
The first round of funding will be used to strengthen its marketing initiatives, add innovative technology-enabled interfaces and add newer modules to the curriculum, Orphicy said in a press release.
Founded by Vipul Tyagi, Orphicy offers educational modules using visualization methods, live interactions, analytics and psychometric analysis to get the results you want.
Read on Edtech startup Orphicy bags 2.5 Cr from NRI technicians at Trickypedia.