Edutor Technologies Raises 2 Crore In Angel Funding


Hyderabad: The Hyderabad based startup Edutor Technologies has raises 2 crore in angel round of funding from Hyderabad Angels, a network of Angel investors focused on early stage businesses. The investment was led by Sashi Reddi, a serial entrepreneur with 1 crore and others from the industry and education field.

Edutor Technologies was founded in 2009 by IIT/IIM Alumni and it designs, develops, and markets technology-based educational products. The company provides platforms for developers of multi-media educational content for learners.

Ram Gollamudi, CEO, Edutor Technologies, said that the company believe in the power of personal learning and is constantly focused on developing products that deliver engaging and effective learning experiences.

Gollamudi has over 14 years of experience in technology. He has worked in multiple technology companies as an engineer as well as an investor. He holds an MBA from University of California, Los Angeles; an MS from Iowa State University and a B.Tech from IIT Madras.

According to Sashi Reddi, Edutor Technologies has a vision to create products for Indian Education Market.

Hyderabad Angels is an angel network backed by the Indus Entrepreneurs. It makes early stage investments while providing close mentoring services and inputs on strategy and execution.