India: Edukart Raises $500K To Bring Better Online Education To India And The Developing World

Tech Crunch:  “…Launched in late 2011 by Stanford grad and ex-Facebooker Ishan Gupta and Indian Institute of Management grad Mayank Gupta, Delhi-basedEduKart is on a mission to bring online education to India and the developing world. Today, the startup announced that it has raised $500K in seed capital from a handful of institutional and angel investors. Participants include Kima Ventures, AKM Systems, Vibhor Mehra and Stanford alumni. The investment adds to the $500K the startup had previously raised from One97 Communications founder Vijay Shekhar Sharma and Providence Capital Director Manish Kheterpal…”  Read more