Indian edtech startup Melvano for test preparation raises Rs 1.3 Cr to create comprehensive upskilling experience
Melvano, an edtech startup incubated at IIT Madras, announced recently that it has secured Rs 1.3 crore from Tyke Invest to expand its upskilling platform, Skillbary.
The new platform will provide a fresh opportunity for the company to expand its reach and cater to a wider audience, leveraging Melvano’s expertise in personalized coursework and incentivized learning to create a comprehensive upskilling experience.
Founded in 2018 by Taran Singh and Sachin Sanodiya, Melvano’s learning app provides tailored coursework for students preparing for IIT-JEE and NEET exams, based on their individual assessments.
Melvano has introduced an incentive system for its students, rewarding them with Melvano coins for completing coursework or tests on its learning app. As students accumulate these coins, they can be exchanged for premium services like live classes and personalized mentorship from IIT alumni. This encourages students to engage more deeply with the app and provides added value to Melvano’s offerings.
Indian edtech startup Newton School raises $5 million Series A round to train software developers
Indian Edtech start-up Geekster raises USD1.3M in Pre-Series A round
Indian upskilling platform OLL raises Rs 30 lakh in a seed funding round for business expansion
Indian Edtech Startup Unacademy Acquired Online Exam Preparation Platform Kreatryx
Indian IT upskilling platform Masai School Raises Rs 38 Cr in pre-Series B funding round
JMDedu is a leading B2B EdTech Media in China that informs and connects business professionals through our reports, events, and information services. Our mission is to drive the advancement of education. Our network spans the education industry in China as well as globally, including entrepreneurs, investors, startups, educators, business decision-makers, and policy decision-makers.
