Education Catalyst Fund Again Invests In Ed-Tech Startup Buddy4Study

Education Catalyst Fund Again Invests In Ed-Tech Startup Buddy4Study
Ed-tech startup Buddy4Study has raised $3 million (Rs 20 cr.) in Series A funding from existing investor CBA Capital, which is backed by the Michael and Susan Dell Foundation (MSDF).
In a statement, the Noida-headquartered startup said it will use the money to scale up and significantly expand its operations.
Capital’s Education Catalyst Fund (ECF) a category II alternative investment fund owned by CBA capitals made the investment with its prior investment into the same startup in early January.
The 2011 startup helps students reach out to providers and manage their applications qualifying it for the scholarship portal for students from school to PhD level.
As per the Buddy4Study claims, more than 6,500 students have been provided over Rs 5 crore worth of scholarships until now.
Manjeet Singh, co-founder of the startup said, “With the government providing a massive digital push in the same segment, it is only opportune to multiply our efforts and develop more innovative products to provide end-to-end financial aid to students.”

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