New Delhi [India], Aug 1 (ANI): Venture Catalysts on Wednesday announced making a seed investment in the cutting-edge Android-based laptop OS, PrimeOS.
Venture Catalysts investors participating in the round are Kundan Deotale, Vikas Kapoor, Yogesh Choudhary, Arun Tyagi and many more. PrimeOS is backed by a prominent leadership team and its products are poised to change the way digital education is consumed with a vision of enhancing the learning outcome of students via millions of Android applications.
The key verticals that PrimeOS is targetting include ed-tech and consumer electronics. Besides brining about a paradigm shift in the productivity of students using digital education tools, its business model is built on licensing PrimeOS to laptop manufacturers.
We were highly impressed at the level of innovation at PrimeOS, the passion of its founding team as well as its sound business model and are convinced of its ability to emerge as one of the foremost players in its category," said co-founder and president - Venture Catalysts, Dr. Apoorv Ranjan Sharma.
"The VCats team has helped us validate our vision while investing capital in our firm. Apart from fundraising, VCats has also supported the company in building the business and getting the right connections in the market. We feel privileged to have the team mentor us as we enter our next phase of growth," said Chitranshu Mahant, co-founder and CEO. (ANI)
Disclaimer :- This story has not been edited by Outlook staff and is auto-generated from news agency feeds. Source: ANI