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Sarthi Angels Makes Maiden Investment In Learning Edge Academy [DealCurry (India)](DealCurry (India) Via Acquire Media NewsEdge) Sarthi Angels Venture Foundation has made its maiden investment in Delhi based e-learning, educational technology platform, Learning Edge Academy of Professionals Pvt Ltd (LEAP). The amount of investment in the angel round was not disclosed.Founded in 2009, Learning Edge facilitates education for professional courses such as CA – CPT, IPC, IITJEE & AIEEE, AIPMT, CAT, IAS & GMAT . It facilitates recording of classes and lectures which are stored online for viewing.The company is promoted by Bhagwan Kewal Ramani, who has over 35 years at senior levels of management.Sarthi Angels Venture Foundation is a not for profit organization founded by Deepak Sharma and Anand Lakhotia. Part of the Sarthi Group founded in 2009, Sarthi Angels is a cluster of high net worth Angels, corporate, PEs/VCs/Seed Funds that invest in early stage companies.The Indian e-learning content market is expected to grow at a CAGR of 18.4% from FY'2014-FY'2018. Increasing internet penetration, low existing coverage and rising demand are expected to develop this market strongly in the near future.Recently in this space, GradeStack, an online course store for students had raised an undisclosed amount of funding from @Times_Internet Limited; Skyfi labs had received an undisclosed amount of investment from @The_Chennai3317 and Spark Capital; @ThinkVidya Private Limited had secured investment from a US based serial entrepreneur and angel investor (c) 2014 EagleEye Research & Media Pvt. Ltd. All rights reserved. Provided by Syndigate.info, an Albawaba.com company |