Education Technology Startup eDreams Software Raises Investment from Mumbai Angels

31st Jan 2012
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Bangalorebased education startup eDreams Software raises investment from Mumbai Angels. Their flagship offering Funtoot is an intelligent personalized tutor that teaches children in a fun and interactive manner. Currently, 1000 students across three schools use Funtoot.Speaking about the investment, Anil Joshi of Mumbai Angels said, "There is a strong need among the parent community for personalized attention for their kids, and Funtoot solves this problem in a very interesting manner using technology." Also, speaking about the team, Anil said, "Rajeev Pathak ( founder of eDreams Software ) is a BITS Pilani alumnus and has experience of leading teams in companies like Wipro. Rajeev has successfully built a very good team at eDreams"

The investment happened as a part of Bloomberg UTV's Pitch. The size of the investment is INR 5 crores.

For further details, please visit http://www.edreamssoftware.com/ and we shall soon bring to you a story on Funtoot.

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