Caymus Technology Ventures, an edtech startup, based out of Mumbai, has raised ₹1.2 crore in an angel round from a clutch of angel investors from India and the US. The startup will use the capital to fuel its growth and make significant investments to its core AI-based technology and product stack.
Silicon Valley technology leader, Rob Solomon, participated in the round, and will join the advisory board as a mentor.
“Today there are many online platforms that bring instructional content from universities and organisations to learners’ personal space, allowing them to upskill while working. Such players have cracked open the edtech market in a big way. Now, however, there is mass confusion over which courses to opt for. On Lore, we leverage AI so that candidates can make their own informed, right-fit decisions about the skills they want to add to their portfolio,” Kavita Mehta, founder and CEO, Caymus said.
Caymus was started in 2018 by Kavita Mehta. It is an education platform for global university and MBA placements.
The startup helps individuals navigate a myriad of learning options, and its proprietary engine uses 20+ data points to make recommendations based on an individual’s specific criteria.
“I have known Kavita for over two decades and have worked closely with her at two global companies. This long-standing association gives me confidence that she possess the right skill sets, range of experiences, and global network to make an impact at scale,” Rob Solomon, one of the investor of Caymus said.
While, other edtech startups includes Degreed, ConceptOwl, Byju’s, MyMBACircle, Careerguide, Collegedekho and many more.