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ConveGenius Raises $1.8 Million to Expand AI Capabilities in Education
Strategic Partnership with Searce Inc., set to revolutionize Cloud Services and Generative AI in Education
New Delhi, February 09, 2024 — Following the recent successful closure of a funding round by UBS Optimus, Mt Judi Ventures, and existing investors, ConveGenius, a pioneer in AI-first EdTech, announces a strategic partnership with Searce Inc., backed by funding of INR 15 crore (approximately USD 1.8 million). This new partnership aims to enhance ConveGenius's cloud services and accelerate its generative AI development, building on the momentum of the recent investment.
Founded in 2013 by Jairaj Bhattacharya and Shashank Pandey, ConveGenius has been at the forefront of integrating AI into education. This partnership with Searce, a niche' modern tech consulting firm focusing on Data, AI, and Cloud-led transformation, signifies a strategic move for ConveGenius to expand its technological capabilities and enhance SwiftChat, its flagship conversational AI platform. This collaboration is expected to catalyze the development of scalable, cloud-based educational tools, particularly in regions with limited access to quality education.
ConveGenius's journey has been marked by a series of successes, including the extensive adoption of its platforms across schools and institutions. The company has been pivotal in transforming educational experiences for millions, making a profound impact in the EdTech industry.
Jairaj Bhattacharya, Co-founder & Managing Director of ConveGenius, stated: "Building on our recent $7 million funding success, this strategic partnership with Searce Inc. is a significant milestone. It reinforces our investors' trust in our vision and accelerates our journey towards revolutionizing education through advanced technology."
Searce CEO, Hardik Parekh, shared: "We believe in pushing the boundaries of tech innovation and designing end-to-end solutions to help futurify organizations." Parekh continues, "Our investment goes beyond the financial backing; it's about creating a partnership that leverages our technical depth and expertise to advance ConveGenius's innovative AI educational solution, SwiftChat.AI. ConveGenius has already impacted 140+ million students in India, and we'll reach millions more together." He added, "We want to make education scalable, smarter, and more useful with AI. Let's futurify education for the world."
Searce has made similar strategic investments in solutions such as happierWork, invoize, and Recognic in the past and will continue to invest in AI to broaden its IP-led solutions offerings. This investment in ConveGenius is intended to complement Searce's strategic interest in providing transformational IP-led consulting services to the public sector and EDU segment across key markets in the USA, Europe, APAC, Middle East, and India.
This strategic partnership with Searce Inc., backed by funding, is a testament to ConveGenius's unwavering commitment to innovation and its vision to make education accessible and effective globally. As ConveGenius continues to grow, it strengthens its position as a leading force in the EdTech space, bridging gaps and ensuring equitable access to quality education for students worldwide.
About ConveGenius:
ConveGenius is a leading AI-first education technology company dedicated to transforming learning experiences for one billion users worldwide. The company's goal is to add tangible value to every user's experience through continuous innovation, fostering impact, and contributing to a world where educational technology is not just advanced but also open, inclusive, and solution-oriented.
Company Page: https://www.linkedin.com/company/convegenius.
About Searce:
Founded in 2004, Searce is a modern technology consulting firm that empowers clients to futurify their businesses, leveraging Cloud, AI & Analytics. Searce provides deep technical consulting, hands-on implementation, and 24*7 AI, data & cloud care support enabling the digital transformation of organizations with the best infrastructure, platform, industry solutions, and expertise. Driven by an engineering excellence mindset, Searce cares most about delivering intelligent, impactful & futuristic business outcomes for its global clients. With a presence in APAC, ANZ, EMEA, and USA, Searce operates across 10 countries with 9 offices in India alone. Searce has been servicing 4,000+ clients, empowering them to get their business future-ready.
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