Founded Year
2015Stage
Acquired - II | AcquiredAbout Avagmah
Avagmah is a technology platform that helps universities, institutions, and distance education providers make higher education more inclusive by reaching out to a broader audience.On June 18th, 2020, Avagmah was acquired by GetMyUni. Terms of the transaction were not disclosed.
Avagmah Headquarter Location
#2561 16 D Main Road HAL II Stage
Bengaluru, 560 008,
India
+91 08049285000
Latest Avagmah News
Jun 30, 2020
Bangalore based ed-tech startup GetMyUni has now acquired the online learning company Avagmah from AEON learning in an all-cash deal on the 18th of June 2020. Avagmah, founded in 2015, had now secured $5 million from marquee investors like Zodius Capital, Atul Nishar, MEMG, Lionrock Capital, before it merged with the Acadgild to form AEON Learning. “Since inception, we have always wanted to create impact at scale. Our core business of student acquisition for universities across India and abroad has grown over 200% since 2019. This acquisition allows us to complete the value chain for our users by directly impacting the content delivery part of the business too. After the lockdown, online learning adoption has surged and there are huge regulatory tailwinds which suggest that this would end up being a multi B$ market, very similar to how it has panned out OPMs like 2U in the west. This acquisition allows us to pursue our vision to make higher education accessible to everyone in India, irrespective of their financial status or access to traditional offline setup, wherein private education is too expensive and public, very average in outcomes,” said Upneet Grover, CEO, and Founder of Getmyuni.
When was Avagmah founded?
Avagmah was founded in 2015.
Where is Avagmah's headquarters?
Avagmah's headquarters is located at #2561 16 D Main Road, Bengaluru.
What is Avagmah's latest funding round?
Avagmah's latest funding round is Acquired - II.
Who are the investors of Avagmah?
Investors of Avagmah include GetMyUni, K Ganesh, Meera Ganesh, LionRock Capital, Neeraj Bhargava and 5 more.
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