B2B edtech startup Eupheus Learning has raised $10 million in its Series C round led by private equity platform Lightrock India.
According to the Delhi-based startup, the proceeds will be used to ramp up its business by expanding its product portfolio and entering new markets, and pursue acquisitions.
Founded by Sarvesh Shrivastava, Ved Prakash Khatri and Amit Kapoor, Eupheus Learning provides in-classroom edtech products such as curriculum offerings like textbooks, worksheets, teaching guides and test papers for K12 students, and supplementary offerings such as coding and reading classes.
Earlier this year, Eupheus Learning had raised $4.1 million in its Series B funding led by Kuwait-based United Education Company and AI Rayan Holding Company for domestic and international expansion.
Eupheus competes with the likes of edtech giants Byju’s, Unacademy, Toppr and Vedantu in the K12 segment.