E-learning startup Sigrid raises funding from Oliphans Capital
Summary
Noida-based e-learning startup Sigrid Education Pvt Ltd has raised under $1 million from early stage investment firm Oliphans Capital, as per a press statement. Founded in late 2012 by three IIT BHU grads Ajit Maheshwari, Atul Kasaundhan and Aakash Aggarwal, Sigrid partners with educational institutes and teachers to bring their teaching pedagogy and academic expertise online, allowing them to reach out to students across the country. " Sigrid is Oliphans eighth investment after BVG India, DEN Networks, Ecom Express, LocalBanya.com, Grab.in, OnlineRTI.com and Prothom Industries. Prior to setting up Oliphans, Jhaveri was group CEO at broking firm Antique Finance that was later acquired by Fortune Financial. Gulati was also with Antique Finance as a manager – equity sales and currently sits on the boards of Oliphans portfolio companies.