EduFund, Filo, others raise funding
Summary
EduFund, a higher education planning startup, has raised Rs 2.5 crore (around $343,246) in a pre-seed funding round from a group of investors. Filo, an instant tutor platform that focuses on clearing student doubts, has raised $260,000 (around Rs 1.89 crore) in a pre-seed round of funding from early-stage venture firm Better Capital. Operated by Filo EdTech Inc, the platform was set up in November last year by Imbesat Ahmad and Shadman Anwer, graduates of IIT-Kharagpur and IIT-Delhi, respectively. Decentro, a banking-focused application programming interface (API) platform, has raised an undisclosed sum as part of its seed fundraising exercise. As part of this seed exercise, it has also raised capital from angel investors in the United States, India, and Southeast Asia.
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