Edtech Startup, Ingenium, Raises Seed Investment Led By, Lead Angels

EdTech startup - Ingenium has recently raised an undisclosed amount of funding in the seed round from India Accelerator’s iAngel Network, Lead Angels, Indian Angel Network and other investors.

IAN had previously invested in Ingenium early last year and after witnessing the growth and progress made by the startup IAN has invested again. Incubated and mentored by India Accelerator, the innovative startup is providing a SaaS platform to small and medium-sized institutes and helping them to grow and manage their business better.

There are around 6 million small and medium institutes in India. The current covid situation and rise of competitive EdTech companies have compelled these institutes to adopt digitization. Ingenium is providing a full-stack digitization platform to these institutes where they can take their institute completely online and scale themselves. Adaptive assessment, in-depth academic analysis, real-time teacher-student-parent interaction is something that is making these institutes adopt the platform.

To achieve the projected scale, Ingenium will focus on forming channel partnerships with already existing resellers in the market, hyperlocal companies in tier 2 and tier 3 cities. It will provide the tremendous boost that the company requires for achieving the projected scale of business.