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Funding Roundup: Everest Edusys, Skyfi Labs & Hyginex

QED Logo

Chennai-based Everest Edusys which offers science education solutions to schools through QED brand, has raised Rs 5.7 crore from Lok Capital and Chennai Angels, reports The Economic Times. The company will be using this investment to set up science laboratories in schools across Tamil Nadu, Karnataka and Kerala.

Founded in 2011, QED offers various science education solutions targeting the middle schools. These include a curriculum-based interactive science exhibit lab called QED Lab, a managed science center which comprises a full-fledged science lab kits & specialist science teachers and a Quester Guided Learning Program (GLP) which claims to evaluate the attitude, aptitude and special skill sets of home-school children.

The company claims that these solutions have been used by over 100 schools across Tamil Nadu, Karnataka and Kerala until now. These include Yuvabharati public school, Bridgewoods public school, Singaram Pillai Matriculation Higher Secondary School and Velammal International school among others.


Skyfi Logo

Bangalore-based education products and services company Skyfi Labs has also raised undisclosed amount of investment from Chennai Angels and the investment bank Spark Capital. The investment was led by Chennai Angels member Padma Chandrasekaran and Spark Capital’s Vijay Radhakrishnan.

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The company will be using the investment to expand to 1000 new colleges, increase its course offerings and improve its back-end technology.

Founded in 2010, Skyfi Labs provides short term hands-on training courses to engineering students. It claims to have trained over 25,000 students from more than 150 colleges across various areas like robotics, aero-modelling, web & mobile app development and civil engineering. It offers this training through courses like AerotriX, Civil Simplified, Roboversity and Code Instruct.

The company has also partnered several engineering colleges to provide an advanced engineering training program called SLATE to undergraduates across all eight semesters. Skyfi mentions that it has also worked with corporate partners like Altair Engineering to develop course content and Boeing to conduct student competitions.


Hyginex Logo

California-based wearable tech startup Hyginex has raised an undisclosed amount of investment from Persistent Venture Fund, the early-stage fund of the BSE-listed software product & technology services company Persistent Systems. The company will be using the funds to expand its operations in the United States.

Hyginex claims to have developed an electronic hand hygiene monitoring solution for hospitals, based on a patented wristband-based technology. The solution comprises a smart wristband, a soap or alcohol sensor and overbed sensors. It claims to provide real-time data on the duration and frequency of hand-rubs as well as daily, weekly and monthly reports to enable doctors and nurses improve their hand hygiene practices. [Video Demo]

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© 2008-2021 Mixed Bag Media Pvt. Ltd. Developed By PixelVJ