Cuemath scores $40 Mn in Series C round; valuation crosses $170 Mn
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Edtech companies have been on a roll since the beginning of this year and the pandemic has increased their adoption multifold. After Byju’s, Unacademy, Toppr and Vedantu, Cuemath has now managed to raise Rs 297.1 crore or $40 million in its Series C round co-led by Lightstone Fund and Falcon Edge’s Alpha Wave Incubation. The fresh round for the Bengaluru-based firm has come after a year.