The Bangalore-based investment firm is backing Simulanis, Kopykitab and Buddy4Study with $2.4 million. Its Education Catalyst Fund invests in edtech startups serving low-income Indian households, Inc24 reports.
Simulanis provides corporate training programs via virtual reality. Kopykitab creates digital textbooks. Buddy4Study helps students apply online for scholarships.
Dell Foundation, Gray Matters Capital and private Indian investors are backers of the CBA fund, which had its first close of one billion rupees ($15.6 million).