Edtech ConveGenius has secured $7 million (Rs 58 crore) in investment. The round is part of a fund-raising initiative focussed on advancing the generative AI capabilities of SwiftChat and expanding into international markets. The round also saw strong participation from the Michael & Susan Dell Foundation (MSDF), which has backed ConveGenius since its inception and participated in every round. The round also saw continued participation from other existing investors – Bace Capital, Heritas Capital and Gray Matters Capital.
Founded in 2013 by Jairaj Bhattacharya and Shashank Pandey, the ConveGenius Group’s growth and impact in underserved markets of India can be attributed to its business verticals, addressing distinct yet crucial aspects of education and data intelligence.
Speaking in this regard, Jairaj Bhattacharya, Co-Founder and Managing Director (MD), ConveGenius, said, “This funding round marks a crucial step in ConveGenius’s journey. Our team remains steadfast in the pursuit of empowering every learner, starting with India and fostering data-driven governance for transformative change in education. The capital raised will empower us to export another Indian technology to global markets.”
