CL Educate has acquired 49 per cent stake in instructional providers supplier Accendere Knowledge Management Services Pvt. Ltd whereas on-line journey market WeAreHolidays has raised an undisclosed quantity in its Series B spherical.
CL Educate picks 49% stake in ed-tech agency Accendere
According to a inventory market disclosure, the corporate has additionally signed an settlement to amass ETEN check prep enterprise. It didn’t disclose the monetary particulars of the transactions.
Launched in 2009, Accendere helps universities and faculties enhance their tutorial standings by enhancing their analysis output in engineering, expertise, medication, arts and regulation. The firm was based by R Shivaraman and Praveen Dwarakanath.
ETEN check prep enterprise is owned by teaching providers supplier IndiaCan Education Pvt Ltd.
WeAreHolidays raises funding from Cox & Kings’ promoter
Online journey market has raised an undisclosed quantity in Series B spherical led by Urrshila Kerkar, a director on the board of Cox & Kings Ltd.
She invested in her private capability and purchased present buyers stake, based on a press release.
Founded in 2012, WeAreHolidays is backed by buyers like Paytm’s Vijay Shekhar Sharma, People Interactive’s Anupam Mittal, GSF’s Rajesh Sawhney, MakeMyTrip’s Sachin Bhati, Blume Ventures, Mumbai Angels and Matrix Partners India.
The firm will deal with the social facet of journey and can re-launch its BIA app on the App Store. The app will assist folks file journeys whereas travelling and can function a one-cease concierge platform for travellers to seek for data, add vouchers and get buying offers on their cell. It employs round 15 folks.