Education Technology Startup eDreams Software Raises Investment from Mumbai Angels

Bangalorebased education startup eDreams Software raises investment from Mumbai Angels. Their flagship offering Funtoot is an intelligent personalized tutor that teaches children in a fun and interactive manner. Currently, 1000 students across three schools use Funtoot.Speaking about the investment, Anil Joshi of Mumbai Angels said, "There is a strong need among the parent community for personalized attention for their kids, and Funtoot solves this problem in a very interesting manner using technology." Also, speaking about the team, Anil said, "Rajeev Pathak ( founder of eDreams Software ) is a BITS Pilani alumnus and has experience of leading teams in companies like Wipro. Rajeev has successfully built a very good team at eDreams"

The investment happened as a part of Bloomberg UTV's Pitch. The size of the investment is INR 5 crores.

For further details, please visit http://www.edreamssoftware.com/ and we shall soon bring to you a story on Funtoot.