From a recent report in Mint:
Online education and e-learning services emerged as the flavour of the season as venture capital firms struck three deals in this space in the last month—
- Mumbai-based Hurix Systems Pvt. Ltd received $5.1 million from Helion Venture Partners
- TutorVista.com, an online tutorials company started by serial entrepreneur K. Ganesh, received $2.5 million from Manipal Education Group
- Mumbai-based e-learning services company 24x7 Learning Solutions Pvt. Ltd received $4 million from Capital18, the venture capital arm of media group Network18. All three companies have had earlier rounds of funding.
Couldn't resist sharing a couple of Dilbert - VC Vijay comic strips!: