Sparsha, an educational service provider has received its seed funding from Blume Ventures and Tempus Capital, reports VCCircle. The financial terms of the deal has been undisclosed. The company’s flagship product, iLearnMore, is an e-learning suite of tools, available analog electronics and digital electronics. Sparsha focuses on simulation based learning coupled with virtual labs that offer virtual devices, real component modelling, circuit simulation and modelling. The company has also struck partnerships with Edurite, Edooni and others.
According to the report, Sparsha has already tied up with eight institutes including University of Pune, Mount Carmel School, St. Joseph’s College, PES Institutions and others and intends to use the funds for developing products and educational courses. Sparsha is headquartered at the Science & Technology Entrepreneurs Park (STEP) at IIT Kharagpur. It was founded by Debabrata Bagchi and Kapil Kaushik.
Earlier this year, InOpen, another educational service provider raised a seed funding of $500,000 from VenturEast. The company intends to reach 1 million students in the next 2 years flagship and has a flagship product ComputerMasti that facilitates learning computers is available in 8 Indian languages and 2 foreign languages.
Updates/Changes: We had earlier noted Tessolve as one of the Sparsha’s partners, because it was mentioned on their website. Kaushik says that that was older information and Tessolve is no longer a partner. This post has been edited accordingly. A mention of other e-education companies as competitors has also been edited, since Sparsha is exploring partnerships with them.