Fundamentor raises seed funding Fundamentor, an education-tech start-up, has raised an undisclosed amount of seed funding from entrepreneur and former venture capitalist Subramanya SV, reports VCCircle. The company will use the funds to ramp up hiring, development of the product and enhance its marketing initiatives. Fundamentor is a mobile and web-based platform that helps students between eight and 15 years of age develop cognitive, quantitative, verbal and creative thinking skills through gamified programmes. It claims to have 3,000 paid subscribers. *** TaxiVaxi raises $500K in seed funding TaxiVaxi, an online cab aggregation platform has raised $500,000 (about Rs 3.3 crore) in its second round of seed funding, led by a clutch of high net worth individuals, reports The Economic Times. The company will use these funds for expansion and product development. It operates in 300 cities across the country, and claims to have between 125-150 cab companies on its platform. It also partners about 15 radio taxi operators. TaxiVaxi also caters to the corporate segment, offering them a separate web-based solution, which is bundled with its app and claims to have about 20 corporate clients. The company claims to be earning monthly revenues of about Rs 1 crore. *** Goalwise Raises $1 M in Angel Funding Goalwise, an online investment platform,has raised $1 million (around Rs 6.8 crore) from a bunch of high net-worth individuals from the financial services sector, reports VCCircle. The company will use the funds to scale up its technological and analytical operations. Goalwise runs on its…
