Corporate Updates

EduSports to Raise VC Fund for Expansion

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EduSports, provider of end-to-end sports education solutions to K-12 schools, is planning to raise Rs 20 crore to support its expansion plans.

“We are in discussions with venture capital and private equity firms. The fund-raising proceeds will be utilised for expanding our reach, building systems and processes, infrastructure and creating platforms to do the business,” said Saumil Majumdar, co-founder and chief executive officer of EduSports.

Source: Business Standard

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