Company Name : Myly
Funding Amount : $100,000
Investor(s) Newbie Promoter Private Limited . .
Funding Round : Seed round
Mobile app Myly which is owned by EduCommerce Technologies has raised $100,000 in seed funding. The round was led by Newbie Promoter Private Limited.
The fund will be used for customer acquisition and the company is planning to raise an additional $1.2 million, to expand its business.
Myly app is a leaning platform for students and helps them connect to educators and parents over a single platform. The company claims to have 120 schools and 30,000 students currently on board and aims to reach 1,000 schools by the end of the current financial year.