Google Capital in talks to invest in ed-tech startup Cuemath


Google Capital, the investing arm of tech giant Google, may lead a $13-15 million financing round in Bengaluru-based education startup Cuemath, three people aware of the fund raise said. Backed by Sequoia Capital, Cuemathdevelops in-house math content which is a combination of worksheets, tab-based exercises and mathematical puzzle cards for K8 (LKG to Class 8) students. Google Capital has, so far, taken selective bets in India like auto classifieds site Cardekho, healthcare services platform Practo and cloud-based customer support software Freshdesk.

An investor in Lending Club and Survey Monkey, Google Capital, set up an office in Bangalore last year - its only outpost away from Silicon Valley.


Once the deal closes, it would be Google Capital's first bet in the buzzy ed-tech space, which has seen a flurry of activity as companies try and tap the gargantuan opportunity that exists for them to disrupt the existing tutoring and test prep models....................Read more

 

Source: The Times of India


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