3rdFlix Raises $5 Mn In Pre-Series A Funding Led By Exfinity Ventures
Summary
It is also looking to launch immersive and experiential content later this year Hyderabad-based edtech startup 3rdFlix has raised $5 Mn in a Pre-Series A funding round. 3rdFlix plans to use the funds to increase its current market penetration and launch immersive and experiential content later this year. Shailesh Ghorpade, managing partner and CIO, Exfinity Venture Partners LLC, said, “3rdFlix is founded by a stellar founding team that is driven by a mission to democratise effective learning by supplementing teachers with content that is immersive, modular and conceptualised by veteran academicians.” The company claims to have over 1.5 Lakh students last year in grades VI to XII. Sunil Goyal, MD, YourNest Venture Capital praised 3rdFlix’s technology that make the delivery of learning content more effective, which has a positive ripple in a sector like edtech. In India, with the government now focussing on skilling and development in AR and VR, as well as its attention to improve infrastructure through the adoption of Industry 4.0 standards, this particular sector has great momentum amid increasing interest.