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Eduvanz raises $5 Mn in Series A round at $15 Mn valuation

Shortpedia

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Edtech startup Eduvanz, which provides loans for skill development to students, has scored $5 million in a Series A funding round led by Sequoia Capital India. Sequoia Capital led the round with an investment of Rs 28.31 crore while Unitus Ventures infused Rs 6.07 crore. Kunal Shah (through QED Innovation Labs) has also put in Rs 70 lakh in this round. Last year, it had raised $2 million in pre-Series A round.