Cash dose for Zeroinfy
Zeroinfy, a city-based education start-up, has raised an undisclosed amount from Calcutta Angels Network.
- Published 14.09.16
Calcutta, Sept. 13: Zeroinfy, a city-based education start-up, has raised an undisclosed amount from Calcutta Angels Network.
"This is our first fund-raising. Zeroinfy will use the funds to expand its team, enhance technology and pursue customer and faculty acquisitions as we want to adhere to the quality standards," said founder Aditya Bajaj today.
Also, this is Calcutta Angels Network's first investment in a start-up associated with Nasscom's 10000 start-ups initiative. The investor has a 10 per cent stake in Zeroinfy.
"Calcutta Angels Network's objective is to give shape to worthy ideas and Zeroinfy is one such start-up. This year our focus will be to boost local start-ups and this investment is a result of that endeavour," said Siddharth Pansari, president of Calcutta Angels Network.
The start-up prepares students for professional courses and various competitive exams, including IIT/JEE, with over 200 video courses and more than 50 experienced professors from across the country.