Study material marketplace Notesgen raises Rs 1.25 crore in pre-Series A round
New Delhi-based Notesgen Technologies Pvt. Ltd. has raised Rs 1.25 crore in a pre-series A round from new and existing individual investors. One of the individual investors in this round is Hemant Bharat Ram, President of DCM Textiles.
Manak Gulati, Chief Executive of Notesgen, said, “The company will use the funding for the development of the product (marketplace) as well as for marketing.”
Founded by Manak Gulati, his mother Sushma Gulati and Roman Khan, Notesgen was incorporated in 2015. The company offers a mobile and web marketplace for educators, students and coaching centres to sell notes and content such as project reports, presentations and case studies.
In 2015, Notesgen had raised initial seed funding of Rs 31 lakh from angel investors.
The investors in the company include Rakesh Vij, Chief Business Officer at Aricent; Satya Narayanan, Chairman at Career Launcher; and Rajeev Saraf, Chief Executive at Lepton Software.