ixamBee gets funding from Mumbai Angels, others

Kolkata: ixamBee, an online learning platform for government jobs, has raised an undisclosed amount in a funding round led by Mumbai Angels.

Dr Narendra Shyamsukha of JITO Angel Network, MakeMyTrip’s co-founder Keyur Joshi and a few alumni of Indian School of Business, Hyderabad, also participated in the current round.

More than five million students have benefited from ixamBee, as the platform gains popularity among millions of students preparing for government job exams.


“Working from home, we recorded 100% plus revenue growth in the last two quarters. Also, 99.7% of our website traffic is organic,” Chandraprakash Joshi, co-founder at ixamBee, said in a statement on Wednesday. “Funding at this stage will help us in creating superior ixamBee's learning experience (iLX) and accelerating our growth.”

Co-founded by Chandraprakash Joshi (Ex-RBI and alumni of ISB, Hyderabad), Arunima Sinha (Ex-SIDBI) and Sandeep Singh (Ex-MakeMyTrip), ixamBee has been focusing on providing online learning experience to students for whom coaching classes are not accessible.