EduTech company Eupheus nets $4.3 million

BENGALURU: New Delhi-based educational technology company Eupheus Learning has raised $4.3 million in equity and debt funding led by Yuj Ventures, the family office of Sid Yog, founding partner of the Xander Group. Existing investor Sixth Sense Ventures also participated in the Series A investment round.

Eupheus sells curriculum and homework tracking services on a subscription model to schools. It says it is profitable, with revenue of Rs 60 crore in financial year 2019.

The company said it has expanded to 70 cities as of the first half of the current fiscal year, apart from partnering with four international institutes.