88academics India raises $3 million funding from Mohandas Pai’s Aarin Capital Partners, others

New Delhi: Edtech firm 88academics on Monday said it has raised equity financing of about $3 million (about Rs 22.1 crore) in funding, led by Aarin Capital Partners. The pre-series A round also saw participation from Piyush Gupta (DBS Group CEO), Vinod Gupta (VG Learning Destination MD), P S Jayakumar (ex-MD and CEO of Bank of Baroda), Ramesh Swaminathan (Lupin Group CFO), Ajay Abrol (ex-Head Proprietary Trading of Nomura Singapore), Prem Rajani (Rajani Associates managing partner), Akshay Gupta and N Jayakumar (Prime Securities management team), a statement said.