Founded in September 2013, Purple Squirrel Eduventures (PSQ) is India\'s largest online marketplace for supplementary education.
Matrix Partners India has announced that it has led a round of funding in Purple Squirrel Eduventures (PSQ). PSQ connects students with industry partners for field visits, workshops and hands on experiences. Existing investor India Quotient also participated in this round.
Founded in September 2013, Purple Squirrel Eduventures (PSQ) is India's largest online marketplace for supplementary education. With a mission to make practical and industry driven education accessible to all, it facilitates industry visits, workshops and hands on trainings for students in engineering, arts, science and commerce.
"Both Aditya and I found an expectation-reality mismatch in our first jobs. In wanting to help students choose better careers, we realized that we had to change the way they learned in the first place." said Sahiba Dhandhania, Co-Founder, Purple Squirrel Eduventures.
"Our programs are fast gaining acceptance across major universities as an aid to classroom education to produce industry-ready graduates. These funds will be used towards product and operation expansions,” said, Aditya Gandhi, Co-Founder, Purple Squirrel Eduventures.
"Purple Squirrel has a unique business model and targets a large, underserved market. We believe in Aditya and Sahiba’s vision of creating a large supplementary education marketplace focused on India. We remain extremely positive on education tech in India and will make multiple investments in the space." Said, Gourav Bhattacharya, Vice President, Matrix Partners.
"Purple Squirrel has solved the industry exposure problems by creating the right bite sized industry experiences. We love the way Sahiba and Aditya think of end to end experiences for students" said, Anand Lunia, Founder, Partner, India Quotient.
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