Practically raises $4 mn in a pre-Series-B round
The Hyderabad-based start-up will invest them in expanding the operations
image for illustrative purpose
Hyderabad: Practically, a product of 3rdFlix Visual Effects Pvt Ltd, on Tuesday announced that it has raised $4 million in a pre-Series-B round.
The round was led by Siana Capital, a deep tech investor, with participation from existing investors YourNest Venture Capital and Exfinity Ventures. The company had previously raised Series-A funding of $5 million in 2019. The funds will be invested in expanding the operations of Practically, the Hyderabad-based start-up announced.
Practically is an intelligent, interactive and immersive learning app for students of classes 6-12 with a focus on STEM learning. It is the only experiential learning app that brings learning alive through immersive videos, interactive augmented reality and 3D simulations.
"This pre-Series B funding showcases the extreme faith our investors have reposed on Practically. The tremendous response that we are seeing for Practically from schools, administration, faculty, parents and students validates our model. Our progress so far is in-line with our strategic growth plans and we are very well placed to tap the accelerated growth that the EdTech industry is witnessing today," said Subbarao Siddabattula, Founder & CEO, Practically.
