
Kaizen backs India's Impartus Innovations
Education-focused Indian GP Kaizen Private Equity has made a $4.1 million Series A investment in video learning platform Impartus Innovations.
Set up in 2011, Impartus is headquartered in Gurgaon and has offices Mumbai and Bangalore. Its flagship products are Automated Lecture Capture and Flipped Classroom: two platforms for distributing audio and video content from live lectures. It currently markets its products across 10 cities.
Impartus claims that its platforms are used in over 40 universities nationwide, with more than 2,000 hours of video footage recorded, processed and distributed online to students and faculties per day. The company's clients include the Indian Institute of Management Bangalore, SP Jain Mumbai, PES Institute of Technology Bangalore, BMS College of Engineering Bangalore, Manipal Group, Shiv Nadar Group, Podar Group, and Great Lakes Chennai.
The start-up has also entered into a partnership with Pearson India to distribute the Automated Lecture Capture platform and integrate it with Pearson's e-learning products. Impartus is looking to expand into other international markets in Southeast Asia, the UK, the US and Africa.
"This is the seventh investment by Kaizen and the third in the educational technology space," said Sandeep Aneja, managing director and founder of Kaizen, in a statement. "Video-based learning is increasingly becoming mainstream with analytics-driven personalization possible through digital platforms."
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