Indian co-founded edtech startup Cialfo extends series B funding to $60 mn

Cialfo began its India operations in 2019 and has already enrolled over 300 high schools and 60 universities from the country as members

Singapore-based EdTech company Cialfo – co-founded by a 32-year-old Indian, Rohan Pasari – said it has secured a further $20 million in funding as part of a Series B extension, led by US-based investment firm Tiger Global. The news follows January’s announcement of a $40 million round co-led by global investment firm Square Peg and Australian-headquartered SEEK Investments, taking the round size to $60 million. This brings the total raised to date to $77 million, including the initial $15 million in Series A funding in February 2021.

Cialfo said it is a digital transformation leader in higher education committed to