Online education portal Embibe raises Rs 90 Cr from Reliance
Image Credit: shortpedia
Online education portal Embibe has procured approx Rs 90 crore as a part of share capital from the big shark Reliance Industries Limited. As per RoC filings along with the Ministry of Corporate Affairs, the Bengaluru-based company has allotted 8,99,198 Cumulative Compulsorily Convertible Preference Shares of Rs 1,000 to Reliance. Embibe helps students prepare for JEE Mains, JEE Advanced, NEET, AIIMS, TS-EAMCET, and BITSAT.