Sequoia-backed Eduvanz secures $12.6 Mn funding from Rethink Education, Others
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Education-focussed lendingtech startup Eduvanz has secured $12.6 Mn (INR 104.5 Cr) in its extended Series B funding led by new investor Rethink Education Ventures. The round saw participation from S3 Partners Group, Juvo Ventures, Sequoia Capital and Unitus Ventures. According to regulatory filings, Eduvanz has allotted 10 equity shares and 68,373 Series B1 CCPS at an issuance price of INR 15,283.71 apiece.