Falcon Edge to lead maiden round in edtech startup Udayy
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Kids-focused edtech startup Udayy is in an advanced stage to raise $2.5-3 million in a seed round, according to two sources aware of the development. “Udayy has been in talks with Falcon Edge’s Alpha Wave Incubation or AWI for the past two months. The contours of the deal has been finalised and if nothing goes wrong, the company will announce the round in the coming weeks,” said one of the sources on the condition of anonymity.