Bangalore Based Edtech Startup Avagmah Raises Funding

Company Name : Avagmah
Funding Amount : Undisclosed
Investor(s) Kris Gopalakrishnan, Atul Nishar
Funding Round : Not Disclosed

Edtech startup Avagmah has secured undisclosed investments from Kris Gopalakrishnan, co-founder and former CEO & MD of Infosys and Atul Nishar, founder of Hexaware and Aptech Computer Education.

In the last 18 months Avagmah has secured $5 million in investments. In the same time it has grown 8 times, and has become operationally profitable, claims the company.

Avagmah will use the latest investment on technology enhancement in acquiring new Indian university clients. It currently works with three universities that include Pondicherry University, Bharathidasan University and Los Angeles-based UCLA Extension.

Avagmah provides intuitive Avagmah Technology Platform (ATP) on a managed services model, assisting universities with digital marketing technology. It also provides application-based and web technology solutions for delivery of courses by universities.

Avagmah was founded in 2013 by Karthik KS, an NIT Kurukshetra alumnus.

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