Online tutoring platform Vedantu raises $11m led by Omidyar Network

Vedantu, an online tutoring platform, has raised $11 million in a Series B funding round led by Omidyar Network, the company’s co-founder, Vamsi Krishna, said in an interview. The funds will be used for technology expansion and deeper penetration in tier 2 and 3 cities. Accel Partners, an existing investor, also participated in the round. Vedantu, which means ‘knowledge network,’ is
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Shopup raises $1.62 million in seed funding

Shopup, a Bangladesh based fintech startup has been able to raise US $1.62 million from Omidyar Network including angel investors from Facebook, Google, Amazon, Grab and global banks. This funding will be used for developing credit algorithm technology, partnering with ecommerce platforms, logistics support companies and offline collaborators. It is expected that this funding will help them fasten acquisition to
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