• Saarthi Pedagogy

  Participated · Series A · Jan 2023

  Saarthi Pedagogy offers a 360° K-12 solution for affordable schools, combining customized academic content with an AI-backed LMS and modern ERP features. The company targets budget schools that charge fees between INR 15,000–45,000 and emphasizes affordability and measurable learning outcomes. Saarthi recently launched a revamped technology platform that enables institutions to identify improvements in student learning and lets administrators track progress of each student and teacher. It currently serves over 1,500 schools and 200,000 students and projects signing up more than 5,000 schools and 800,000 students for the 2023–24 academic year (a fivefold increase versus 2021–22). The startup plans to use new capital for product enhancement, ramping up its technology team, content creation, and expanding its sales footprint. GVFL Limited described Saarthi as a fast-growing K-12 pedagogy company within the expanding Indian edtech market. Saarthi Pedagogy focuses on the core of the K-12 education system by helping affordable schools bridge the digital gap through an AI-driven technology platform. The product identifies student learning gaps, suggests appropriate teaching strategies, and automates administrative tasks to optimize teacher productivity. The company serves approximately 850 schools and 85,000 students and expects to expand to 2,000 schools and 200,000 students in the 2022-23 academic year. Saarthi reported ninefold growth in school sign-ups compared with the 220 schools it catered to in 2021-22. Management says it plans to use new funds to enhance the product, ramp up the technology team, create content, and expand its sales footprint. The founder and CEO, Sushil Agrawal, emphasized building a sustainable, capital-efficient edtech business to impact millions of students. Saarthi Pedagogy is a B2B-focused edtech platform that blends school curriculum, technology, teacher training, and pedagogy into a single product positioned as 'rote-free' next‑generation schooling. The platform aims to eliminate the need for after‑school tuition, saving parents money and students time. Partnered with affordable school owners, Saarthi today serves over 250,000 students. The startup says its Integrated System enabled schools to deliver uninterrupted learning during the pandemic. Saarthi is initially targeting the $25 billion market of mid‑sized schools in India, estimating around 10 lakh such schools with fees between Rs 10,000 and Rs 35,000. Founder Sushil Agarwal spent 10 years building and running schools, and the product is the result of years of research and experimentation; the new funds will be used to drive product innovation and expand reach to more students and schools.

• CloudPay

  Participated · Equity · Aug 2021

  CloudPay provides global payroll, salary payments and pay-on-demand services with real-time reports and customizable dashboards for payroll and finance teams. The company processes more than 3 million payslips a year across 130+ countries and handles payroll for about 280 firms, including Visa, Wayfair, Wells Fargo, Expedia and the London Stock Exchange. CloudPay reports contracted revenue of $125 million and says it has more than doubled revenue over the last three years. The company employs about 1,350 people and has offices in Raleigh, Budapest, Shanghai, Costa Rica, Barcelona and elsewhere. Leadership says CloudPay plans to use new funding to add integrated partners and invest in automation and AI, and expects to make AI announcements later this year. CloudPay provides cloud-based, end-to-end global payroll and payments services for enterprise customers, connecting payroll, payments, and on‑demand pay across a single platform. The company offers employee solutions including Earned Wage Access and a pay-on-demand app, and has launched partnerships with Visa Direct and HR platform HiBob. CloudPay's platform operates across 130+ countries and 168 currencies and services an impressive roster of global, blue-chip customers. The business is reporting high, double-digit year-over-year growth, processing 2.5 million payslips annually and recently surpassing 1,000 employees. Management projects approximately 40% revenue growth for 2022 and says the new capital will support continued innovation and expansion of its global payroll and payments offering. CloudPay plans to continue expanding its integrated payroll and payments services to meet growing demand in the modern workplace. CloudPay provides a unified global payroll platform that connects payroll, payments, and on-demand pay for multinational employers. The company offers treasury services and an earned wage access product, CloudPay NOW, which is live in 12 countries and has won a CODiE award. CloudPay says over 1,500 multinational companies use its platform across more than 130 countries. In 2020 the company exceeded its pre-COVID new business plan growth by 50 percent, and it has seen increased demand for expanded treasury services and consolidation of pay operations onto its platform. Management plans to use funding to build fintech capabilities, including peer-to-peer payments, and to expand its employee financial wellbeing solutions. CloudPay provides managed global payroll services to multinational organizations through a single, unified cloud solution. Its platform processes payroll in line with complex local and country-specific requirements, eliminating error-prone manual processes and ensuring timely payments. The solution guarantees accurate payroll processing across 130+ countries and in more than twenty-five languages. The company is led by Paul Bartlett (CEO) and Joshua Ruch (Chairman) and operates out of NYC and London. CloudPay intends to use new growth capital to scale the business and bring new products to market. CloudPay provides managed global payroll services to multinational organizations via a unified SaaS solution available in more than twenty-five languages across 120+ countries. The platform is used by over 2,400 multinational entities. Led by CEO Paul Bartlett, the company combines managed services and a technology platform to handle payroll for large and smaller multinationals. The firm is headquartered in New York City. CloudPay plans to use its recent funding to grow its global operations team and to expand the market for its technology platform and services to more multinational companies and smaller multinationals. The article reports a $25M funding round with participation from Rho Ventures, Pinnacle Investment Partners and Hercules Capital.

No current team members are available.