S Chand, a New Delhi-based education content company, has decided to buy a minority position in iNeuron Intelligence Private Limited, a Bengaluru-based edtech startup. Mukesh Sharma Family Trust, S Chand Directors, S Chand Key Managerial Personnel, and others have also invested in the round.
Mr. Mukesh Sharma, a co-investor, is a serial entrepreneur and educator who started a number of companies, including QA InfoTech (now a Qualitest company), one of the leading software testing and quality assurance firms, according to the company.
iNeuron Intelligence, founded in 2019 by Sudhanshu Kumar and Krish Nai, provides cheap online courses, live projects, support, and placements in the fields of Data Sciences, Artificial Intelligence, Machine Learning, Cloud, and more to college students and working professionals.
With the motto “Education as a Service,” the edtech business is also extending its technology and other courses in the K-12 segment.