#Exclusive: eShiksa secures seed funding from RAIN to provide cost-effective solutions to education industry

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And yet another ed-tech startup has secured seed funding. eShiksa, a startup which provides a portal for education services, has today announced that it has raised an undisclosed amount of funding in its seed funding round. The current round was led by Rajasthan Angels Innovators Network(RAIN), but — as usual — the financial details haven’t been disclosed.

eShiksa was founded in 2013, in order to provide innovative and cost-effective solutions to education industry. The company’s mission is to provide unique features and services to education institutes, which results in their technological and economical growth over time.

It has an online portal that facilitates smooth management of educational affairs of an institute. The portal helps educators to manage, analyze and report extensive data, while saving time by eliminating repeated data entry.

It covers all the aspects of educational business, including administrative, academic and accounting activities. It also provides parent/student a single window for viewing various reports on the academic front and also paying all kinds of school/college fees online. Further, there is also a module for paying fees in a secure manner.

As the portal is also offering modules based system, users can easily extent the functionality. Currently, the modules offered by the company includes Student Management, HR, Examination Module, CCE Module, Attendance Module, Library, Students-Parents-Staff Portal, SMS Module, Finance Module, Internal Messaging, Online Payment Gateway, Gallery Module, Hostel, News, Events, Email, Fees, Transport, Homework and Mobile App.

Besides Rajasthan, the Jaipur-based company also has a presence in Kolkata, Gujarat, Maharashtra, Delhi, Bihar, Jharkhand and Madhya Pradesh. However, the company is now looking forward to expanding its operations in more geographical locations.

A lot of activities are happening in the education technology sector. Earlier this week, Fastudent, an e-commerce store for educational products, raised pre-Series A round of funding from HNIs. While many startups have raised seed funding, very few startups have shown growth to go beyond and scale their offerings.


Source:: http://thetechportal.com/2016/10/01/eshiksa-seed-funding-rain/

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