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March 24, 2014

Deal Alert: Chennai Angels, Lok Capital invest Rs 5.7 cr in Everest Edusys

Chennai-based Everest, which works under the brand QED has developed a range of tools that have been used at by over 20,000 children in 100 schools so far. About a fifth of these schools are government-run, a category that Everest hopes to focus more on by establishing science centres that will act as a node for a cluster of government schools. Everest will use the funding to set up science labs in schools across Tamil Nadu, Karnataka and Kerala. 

 
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