Livve, Lido Learning raise seed capital from angels

Livve, Lido Learning raise seed capital from angels
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6 Oct, 2020

Kochi-based Livve Homes, which operates rental space provider Livve, has raised $1.5 million in a seed funding round from angel investors.

“We’re pumped up with excitement to change the housing ecosystem. With this boost of motivation, we’re sure to change the way people perceive rental space till now,”  Maya Lakshman, COO of Livve, said. 

Founded in 2015, Livve has a presence in Delhi, NCR, Bengaluru, Pune, Hyderabad, Chennai and Dubai.  

Livve claims to provide assured high rental returns for property owners, while offering low deposits and a standard set of furniture on all its properties for tenants. 

Angels, family offices invest in Lido Learning: Report

Mumbai-based Quality Tutorials, which runs edtech startup Lido Learning, has reportedly raised $4 million (Rs 29.5 crore) from a dozen investors, including angels and family offices, in an ongoing seed funding round.

The company has allotted 1,33,410 Seed 1 CCPS at Rs 2,208.14 per share to raise the fresh tranche, Entrackr reported, citing regulatory filings. Juneja Family and Rishabh Marivalla led the tranche with investments of Rs 8.5 crore and Rs 7 crore, respectively, it said. 

Nidhi Arora invested Rs 3.5 crore, while Paytm founder Vijay Shekhar Sharma’s VSS Investco, S Chand & Co, Sanjay Kapoor and Felix Ohswald invested Rs 1 crore each, it said. Additionally, Myntra founder Mukesh Bansal has infused Rs 75 lakh, while other angels collectively poured in Rs 5.7 crore, the report said.

Lido Learning, which conducts online coaching in maths, science, English and coding for children between grades four and nine, last raised funds in a $7.5 million Series B round in April.