19 September 2016, India :
Liqvid English Edge Pvt Ltd, an e-learning content solutions company has raised an undisclosed amount in Series A funding from US-based Gray Matters Capital.
Based out of Noida, a suburb of New Delhi, India, LIQVID has world class infrastructure that delivers quality learning services that include Custom Content development, Training Design services, Technology Services, and Learning Support Services for Corporations, Academic Institutions and Government Organizations across the world.
Liqvid is a venture launched by key members of egurucool.com, which had established itself as India’s foremost eLearning brands, created over 8,000 hours of eLearning content and had tied-up with over 1,600 schools.
“Language, especially English, still acts as a huge barrier to learning and job placement for individuals coming from the bottom-of-the-pyramid population across the world. Efforts by private players like Liqvid are commendable and we are happy to be associated with them,” said Robert Patillo, founder of Gray Matters Capital, in a statement.
Liqvid stated that the company will use the capital to power the technology infrastructure of EnglishEdge and to offer personalised language learning lessons to consumers. Source- dealstreetasia.com