Dell Foundation, Gray Matters Capital back Education Catalyst Fund

Over the past three years, CBA Capital has established a deep understanding of the space working with young edtech companies

Fund manager CBA Capital has successfully completed the first close of Education Catalyst Fund (ECF), a $20 million fund focused on supporting edtech companies that offer solutions to low-income families in the fields of education, jobs and livelihoods. 

ECF is an onshore fund established under the Alternative Investment Fund Category-II scheme of the Securities and Exchange Board of India (Sebi). It is also the first multi-investor fund to focus exclusively on affordable education, jobs and livelihood opportunities in the country. 

The investors include Gray Matters Capital (GMC), Michael & Susan Dell Foundation, and a few private investors in India.

ECF