ConveGenius, an AI-first edtech startup, raises Rs 15Cr led by Searce Inc.

ConveGenius, an AI-first edtech startup, today announced a strategic partnership with Searce Inc., backed by funding of Rs 15 crore.

The development comes a month after it raised $7 million in a growth financing round led by UBS Optimus Foundation and Mount Judi Ventures. That round also participation from existing investors like the Michael & Susan Dell Foundation (MSDF), BAce Capital, Heritas Capital, and Gray Matters Capital. 

Accelerating GenAI development

As per the company's statement, The new partnership aims to enhance ConveGenius's cloud services and accelerate its generative AI development

Founded in 2013 by Jairaj Bhattacharya and Shashank Pandey, ConveGenius has three verticals, SwiftChat - a conversational AI bot store; Swift School - a personalised adaptive learning platform for schools; and Swift Insights - a large-scale assessments and data intelligence platform.

Focused on enhancing its flagship platform

The startup said the partnership with Searce, a niche’ modern tech consulting firm focusing on Data, AI, and Cloud-led transformation, signifies a strategic move to expand its technological capabilities and enhance SwiftChat, its flagship conversational AI platform.

Additionally, The partnership is expected to catalyze the development of scalable, cloud-based educational tools, particularly in regions with limited access to quality education.

Jairaj Bhattacharya, Co-founder & Managing Director of ConveGenius, said, "Building on our recent $7 million funding success, this strategic partnership with Searce Inc. is a significant milestone. It reinforces our investors' trust in our vision and accelerates our journey towards revolutionizing education through advanced technology."

What does Searce say about ConveGenius?

Searce CEO, Hardik Parekh, said, "We believe in pushing the boundaries of tech innovation and designing end-to-end solutions to help futurify organizations.”

Parekh continues, “Our investment goes beyond the financial backing; it's about creating a partnership that leverages our technical depth and expertise to advance ConveGenius's innovative AI educational solution, SwiftChat.AI. ConveGenius has already impacted 140+ million students in India, and we'll reach millions more together.”

He added, “We want to make education scalable, smarter, and more useful with AI. Let's futurify education for the world.”

Searce, which has made similar strategic investments in solutions such as happierWork, invoize, and Recognic, said it will continue to invest in AI to broaden its IP-led solutions offerings. 

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