Edtech startup Avishkaar gets Rs 5 crore funding from Auxano, others

New Delhi: Edtech startup Avishkaar has raised Rs 5 crore in a pre-Series A funding round led by venture capital firm Auxano and Mumbai Angels. Angel investors Alok Mittal (CEO of Indifi Technologies) and Varun Aggarwal (co-founder of Aspiring Minds) also participated in the financing.

The funds would be earmarked for product development, expansion and hiring talent.

Avishkaar, which clocked five times growth in 2020-21, focuses on robotics, artificial intelligence, coding, and app development for children between ages 5 and 15 through its hardware and software products.