Luthra and Luthra advised ixamBee on its fundraising led by Inflection Point Ventures
Luthra and Luthra advised ixamBee on its fundraising led by Inflection Point Ventures
The transaction was worth Rs.5 crores
Luthra and Luthra has advised ixamBee in its Pre-Series A Fundraise led by Inflection Point Ventures.
Atozlearn Edutech Private Limited (ixamBee) is an online platform that provides best-in-class technology-based learning solutions for students undertaking competitive exams. Its objective is to make quality education accessible to all and groom a new generation of learners and turn them into intelligent scholars.
The platform helps unskilled graduates and undergraduates to prepare for competitive exams for jobs in central government, banks, state governments, railways, LIC, RBI, NABARD, SEBI, and other competitive exams.
ixamBee Learning Experience (iLX) offers classroom coaching and test series programs to students preferring a more traditional learning approach.
The law firm, Luthra and Luthra negotiated and settled all aspects of the transaction documentation from the term sheet to the share subscription and shareholders’ agreement.
The transaction team was led by senior associate Sidhartha Jatar and assisted by associate Shaurya Jakher.
