[Funding alert] Edtech startup Cuemath raises $5.5M in an extended Series B round

Richesse G worldwide has been allocated 9,907 sequence b-2 CCPS stocks in a whole premium of Rs 8,25,18,875.  Sequoia-owned SCI Investments V was allocated 13,692 shares along with also the entire superior was piled away in R S 11,40,45,466.  As the start-up has never spoken to social press around the financing, those amounts were listed at the statutes (RoC) using all the Ministry of both company Affairs (MCA).
Started in 2013,'' Cuemath can be a up-and-coming mathematics excellence programme for kids between your kilogram and Conventional 8 degrees , also is given through home centers, that can be handled and run by both educated and trained Cuemath lecturers.

Bengaluru-based ed-tech start-up Cuemath increased $5.5 million into its own long String B financing roundled from manta-ray Ventures confined and watched participation by existing traders richesse G by both Google along with Sequoia India.

Formerly, Cuemath increased $4.1 million on its Series A round of financing in Sequoia India at February 2015, also increased a Seed around in 2014 by Unitus Seed Fund and Alok Mittal, an up-and-coming investor and creator of Indifi.

The Way Cuemath is generating meaningful chances for educated Home-makers
The fund-raise comes later nearly 3 years now because its final around of 15 million in richesse G and also Sequoia India, that had been at January 20 17. 

"Cuemath normally takes mathematics excellence into your completely various grade.  Throughout its own multi-format tech-enabled schooling approach, Cuemath helps to ensure that kids not merely master mathematics, but in addition fall deeply in love with this," explained Manan Khurma, Creator and CEO,'' Cuemath.
The version is also regarded as appealing as it really is'not really a normal grad', however an abysmal mathematics instruction programme with a three-pronged tactic -- college mathematics, emotional ability (verbal, non technical, plausible and calculation expertise ), along with creative justification (to create object-oriented believing ).




 At the collection b-2 compulsorily convertible preference stocks (CCPS), manta-ray has been allocated 22,915 stocks with all the entire high level rounding off to R S 19,08,67,065.

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