Michael & Susan Dell Foundation backs ed-tech startup Oliveboard

Bangalore-based Oliveboard Comptech Pvt Ltd, which operates online test preparation platform Oliveboard, has raised an undisclosed amount in funding from India Educational Investment Fund (IEIF), an early stage impact investment fund established by Michael & Susan Dell Foundation. The funds will be utilised for marketing initiatives, building content and strengthening its mobile technology, Abhishek Patil, CEO, Oliveboard said in a statement. IEIF supports early-stage investment in education startups that supports urban, low income families in India. In 2015, IEIF invested an undisclosed amount in two Indian education technology startups: Report Bee Edusys Pvt Ltd, a cloud-based deep learning platform and Guru-G Learning Labs (India) Pvt. Ltd, a gamified platform for teachers. In November 2015, iSTAR Skill Development Pvt Ltd, a Bangalore-based vocational skills training provider, raised Rs 10 crore ($1.5 million) in Series A…


Link to Full Article: Michael & Susan Dell Foundation backs ed-tech startup Oliveboard