India-based Edtech SaaS Startup iWebTechno Raises Seed Funding From SOSV
2022-08-09 20:43:16

iWebTechno, an India-based edtech SaaS startup announced today that it has secured seed funding from Orbit Startups through its VC fund SOSV, with the amount undisclosed.

The company focuses on digitizing educational institutions by connecting students to banks, fintech, edtech, and service partners.

“We are now aspiring to expand in India and globally to enable free digitization for more universities,” stated Akshay Shah, CEO of iWeb Techno. 

By developing an innovative SaaS model, the company provides IUMS® (Integrated University Management System) that extends digitization modules for both academic and non-academic sectors of a university.

To date, iWebTechno has already digitized over 10 universities, covering over 600 affiliated colleges with more than 700,000 students.

“The company aims to digitize around 10% to 20% of the 35 million higher education and about 10% of 350 million students in the K12 segment in India,” according to Newswires.


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