Edu-tech based startup AlmaMapper has raised Rs.2.6 crore in seed funding from Oswal Techno ventures LLP. With the latest funding, the Ahmedabad based company plans to scale up its operations by entering new markets within India and across the world.
The startup was Co-founded by Pankaj Kaul, and Chandra Mauli Sharma, who are Nirma University pass-out. It offers a free student utility platform that that helps students network and connect across campuses, contribute towards an open source online library and also get the latest updates on events.
AlmaMapper has offices in Pune and Ahmedabad.
Its focus is to address the everyday needs of students like sharing notes & articles, gathering information about different campuses and connecting with campus mates from own or other campuses. It structures the pool of collective wisdom of its student community in 3 modules: Campus, Library and Events, and makes it accessible to the users who need it, completely free of cost.
The company has tied up with strategic vendors which offer products and services focused at the student community. The startup has mapped close to 40 campuses like Entrepreneurship Development Institute, Nirma University, St. Xaviers College, Navrachana University, ICFAI etc. The firm has more than 40,000 registered students on its platform.
As per an IBEF report, India’s education market is worth Rs.65,000 crore about which higher education services account for about 60%. Earlier last month, the edu-tech startups Report Bee Edusys Pvt Ltd, Guru-G learning labs got backed up by Dell foundation. Apart from this, other players operating in this space are EduKart, Ignis Careers, Sigrid Education and LabInApp among others, which also received capital this year to fuel their growth strategy.