Littlemore Innovation Labs: Centrum's PE arm invests in ed-tech startup Littlemore

Ed-tech startup Littlemore has raised $3 million (around Rs 20 crore) in a fresh round of funding from Kalpavriksh, the private equity arm of financial services firm Centrum. Incorporated as Littlemore Innovation Labs Pvt. Ltd, the startup operates out of Chennai and Singapore. Littlemore said in a statement that the equity investment will be used for further research and development as well as expansion in Southeast Asia and the Middle East. Littlemore was founded in August 2010 by Srikanth Ganesan, Tathagata Guha Roy, and Anand Padmanabhan. It provides digital solutions for conducting paperless descriptive exams online. The [...]