This infusion of capital is expected to fuel ConveGenius’s mission of revolutionizing education through innovative technology solutions.
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In a significant stride towards advancing educational technology, ConveGenius, a prominent player in the edtech sector, has successfully secured a $7 million funding round led by UBS Optimus Foundation and Mount Judi. The round also saw continued participation from other existing investors – Bace Capital, Heritas Capital, and Gray Matters Capital. To subscribe please click tau.id/2iy6f and access our live channel.
The round is part of a more extensive fundraising initiative focused on advancing the generative AI capabilities of SwiftChat and expanding into international markets. The round also saw strong participation from the Michael and Susan Dell Foundation (MSDF), which has backed ConveGenius since its inception and participated in every round.
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UBS Optimus Foundation, known for its commitment to investing in initiatives that create sustainable impact, has strategically chosen to support ConveGenius in its pursuit of enhancing learning outcomes globally. Mount Judi, another key participant in this funding round, brings not only financial backing but also a wealth of experience in supporting technology-driven ventures with a focus on social impact.
Jairaj Bhattacharya, Cofounder & Managing Director of ConveGenius, said: “This funding round marks a crucial step in ConveGenius’ journey. Our team remains steadfast in the pursuit of empowering every learner, starting with India and fostering data-driven governance for transformative change in education. The capital raised will empower us to export another Indian technology to global markets.”
Picture Courtesy: www.convegenius.com
The Noida-based startup claims that Swift School’s personalised adaptive learning platform has been implemented in more than 25,000 schools across 16 states in India, benefiting over 4 million students, while Swift Insights’ assessments and data intelligence platform have been used for measuring learning outcomes for 7 million students across 20 states in India and four other countries.
The company’s growth over the past three years is a testament to its success and an indicator of the positive transformation it has brought to millions of students’ learning journeys. As ConveGenius continues its momentum, it is poised to be a driving force in shaping the future of education, bridging gaps, and ensuring equitable access to quality learning experiences for students worldwide.
