Ed Tech Startup AEON Learning Bags Fund

Ed Tech Startup AEON Learning Bags Fund



Bengaluru-based AEON Learning Pvt. Ltd, which offers online degree programmes and skill development courses, has raised $3.2 million (Rs 20.43 crore) in a Series B round from MEMG Family Office LLP.


AEON will use the latest investments towards growing business from its university partnerships, and skill programmes. The startup expects to reach a student base of over 100,000 in the next five years. It currently operates in India and the US.


AEON Learning was founded by Karthik KS and Vikalp Jain. The company has a student base of 20,000 spanning 66 countries, and works with seven institute and university partners, 36 corporate partners. About 20% of its business originates from the US.


Aeon Learning came into existence in November 2017, following the merger of online education technology service provider Avagmah and online skill development course provider Acadgild.


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