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Mumbai based Skilling platform Caymus Technology raises Angel Funding

investment

02 July 2019, India:

Mumbai-based skilling platform Caymus Technology Ventures has raised an undisclosed amount in Angel Funding. A clutch of angel investors from India and the US. Silicon Valley participated in the funding round.

The company will use the fresh capital to fuel growth and make significant investments to its core AI-based technology and product stack.

Rob Solomon participated in the round and will join the advisory board as a mentor to the Founder and CEO.

Kavita Mehta, Founder and CEO, Caymus, said, “Today there are many online platforms that bring instructional content from universities and organizations to learners’ personal space, allowing them to upskill while working. Such players have cracked open the ed tech market in a big way. Now, however, there is mass confusion over which courses to opt for. Traditionally, we have relied on guidance from friends and family or seniors at work. On Lore, we leverage AI so that candidates can make their own informed, right-fit decisions about the skills they want to add to their portfolio.”

Rob Solomon, CEO of San Francisco-based crowdsourcing platform GoFundMe, and Caymus investor said, “I have known Kavita for over two decades and have worked closely with her at two global companies. This long-standing association gives me confidence that she possess the right skill sets, range of experiences and global network to make an impact at scale.”

Jigar Shah, founder of investment advisory firm Found Capital advised on the deal.

Caymus Technology Ventures (Caymus) was founded in 2018 by Kavita Mehta. It is a skilling platform. It offers AI powered platforms to help graduates and experienced professionals select the right-fit course based on personal requirements and attributes.

(Image – Pexels)

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