Chennai-based Everest Edusys which offers science education solutions to schools through QED brand, has raised Rs 5.7cr from Lok Capital and Chennai Angels. Funds will be used to set up science laboratories in schools across Tamil Nadu, Karnataka and Kerala.
Bangalore-based education products and services company Skyfi Labs has also raised undisclosed amount of investment from Chennai Angels and the investment bank Spark Capital. The investment was led by Chennai Angels member Padma Chandrasekaran and Spark Capital’s Vijay Radhakrishnan. Skyfi Labs provides short term hands-on training courses to engineering students. Claims to have trained over 25k students from more than 150 colleges. Link