LittleMore Innovation Labs in talks to raise $10 m in Series B

Edtech firm LittleMore Innovation Labs, that is offering a disrupting option conducting university examinations with its paperless solutions, is looking to raise $10 million in Series B funding from new and existing investors.

Expected to close in the next five months, the fresh funding will be directed towards R&D, product development and expansion into new geographies in the Asia-Pacific region including Malaysia, Singapore and Australia, a top executive from the company told BusinessLine.

Incorporated in Singapore in 2011 by Srikanth Ganesan, with a development centre in Chennai, LittleMore has already raised $3 million in Series A from Kalpavriksh, a private equity fund of the Centrum Group in February last year.