Creanovation Technologies raises USD 2 million from Inflection Point Ventures

NewsDrum Desk
25 Nov 2022

New Delhi, Nov 25 (PTI) Creanovation Technologies Private Limited (CTPL) on Friday said it has raised USD 2 million from venture capital firm Inflection Point Ventures.

CTPL provides end-to-end technology support to educational institutes and platforms at various levels.

In a statement, the Gurugram-based startup said it "has secured USD 2 million, as a mix of dilutive and non-dilutive capital by Inflection Point Ventures (IPV) & Recur Club".

CTPL is planning to utilise the fresh funds to digitally transform more campuses across the country and heavily leverage their admission numbers. The education industry post-Covid needs to adapt to new technologies, new programmes, and use of proper tools to meet the changing behaviours of the new generation, said Bikash Sahoo, founder of CTPL. PTI ABI HVA

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