Delhi-based edtech startup Civilsdaily has announced today that it has raised undisclosed sum in seed funding in a round led by Manoj Kumar of Malgharia, along with few High Net-worth Individuals (HNIs).
The newly-raised capita will be channeled towards hiring, accelerating product development and exploring new outlets for news content. In addition, it will add Hindi module for daily news cards. It will also upgrade its Content Management System (CMS) to release niche offerings in other sectors of news consumption.
Founded in 2015 by Shikhar Sachan and Rohit Pande, Civilsdaily aggregates and curates news items that are relevant for test preparations.
Its mobile app features important current events displayed in a summarised flashcard format, allowing users to quickly digest pertinent information. The news is then connected to its backstory via algorithmic tagging of related flashcards, enabling users to get a comprehensive view of the stories’ evolution.
Civilsdaily categories cover a range of fields, including Economics, Environment and Biodiversity, Geography, History, Polity, Science & Tech, Trivia and World Events.
The edtech platform is a product of Apeirogon. It has been working with Enablers, an India-based web-based deal enabling platform that connects startups with investors — HNIs, angels, family offices and VCs — to raise funds.
The goal of Apeirogon, according to an official press release, is to “develop a universal app around the political and social narratives of Indian news and engage people in it”.
“Digital evolution of traditional media has not been able to change the context and quality of news for several consumer segments. Apeirogon is redefining the way news can be optimised for the context and served to the communities of consumers digitally. This is a generational shift in news creation, curation and dissemination,” said Manoj Kumar, Co-founder & Managing Partner, Malgharia Advisors.