Edtech company iNurture raises $10 Mn; turns profitable in FY20
Shortpedia
Content Team
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Edtech company iNurture, which provides higher education programmes in India, has raised Rs 71.5 crore or close to $10 million in what appears to be bridge financing from Kimera Ltd, a Dubai-based family office. iNurture has allotted 71,49,821 Series C CCDs of Rs 10 each to Kimera to raise the sum, regulatory filings show. It had raised around $4 million or Rs 30 crore from Kimera in June last year.
