Get All Access for $5/mo

Selligion Technologies Raises INR 5 Crore In Pre-Series A Funding The funds raised will be used for research and development and to augment the manufacturing efforts for Selligion's next phase of expansion

By Teena Jose

Opinions expressed by Entrepreneur contributors are their own.

You're reading Entrepreneur India, an international franchise of Entrepreneur Media.

Freepik

Selligion Technologies, consumer cloud computer manufacturers, raised INR 5 crore in a pre-Series A funding round led by Malpani Ventures. The funds raised will be used for research and development and to augment the manufacturing efforts for Selligion's next phase of expansion.

"Thanks to our recent pre-Series round A funding, we are poised to make significant strides in our mission. Our research efforts will focus on further enhancing our offerings, with the aim of increasing our manufacturing capacity multi-fold—allowing us to reach more than 1 lakh students by march 2024. Through our subscription-based model, we are committed to providing affordable and easily accessible advanced computers to students across India. These devices will serve as a catalyst for their growth, equipping them with the necessary digital skills to pursue rewarding careers," said Apeksha Mehta, co-founder and Spokesperson, Selligion Technologies.

Selligion Technologies Private Limited was founded in the year 2020. It has conceptualized, designed and developed Selligion Praho, which is claimed to be the world's first hybrid cloud computer. Selligion is on a mission to deliver a powerful computer to every Indian home, and enable every Indian child to access uncompromised and affordable computers and the opportunities that come with them, according to an official release.

"Embracing digital literacy is the key to unlocking India's potential, but with only 10-15% of Indian homes owning a computer, our nation's digital infrastructure demands immediate strengthening. We aim to bridge this divide, creating a technologically inclusive ecosystem that empowers every learner, regardless of their background, to thrive in the digital age. By strengthening our digital foundations, we can forge a brighter, more equitable future for our beloved nation," said Dr Aniruddha Malpani, Malpani Ventures.

Teena Jose

News Desk Reporter with Entrepreneur India

Teena is a post graduate in financial journalism. She has an avid interest in content creation, digital media and fashion.
News and Trends

Tech Burner's Anarc Smartwatch Achieves INR 3 Cr Sales with USD 1 Mn Investment

Anarc features a patented octagonal design by Thought Over Design and Seymourpowell, with a medical-grade stainless steel body. It includes advanced technology like a Hisilicon chipset, AMOLED display, and seven-day battery life.

Starting a Business

He Started a Business That Surpassed $100 Million in Under 3 Years: 'Consistent Revenue Right Out of the Gate'

Ryan Close, founder and CEO of Bartesian, had run a few small businesses on the side — but none of them excited him as much as the idea for a home cocktail machine.

Diversity

5 Ways You Can Create a More Inclusive Workplace Immediately -- and Why You Should

The more diversity you bring to your team, the greater your chances of finding groundbreaking insights and solutions.

Marketing

4 Neuromarketing Hacks to Reach More People and Maximize Results

You don't need to be a neuroscientist or have a big budget to start upping your conversions immediately.

News and Trends

Insurtech Player Zopper Raises $25M in Series D Funding

With 40 insurance companies and 2500+ ecosystem players, Zopper will utilize the fresh capital to ramp up digital infrastructure, by strengthening its Insurance Distribution platform

Business News

'Do You Sell Cars?': Tesla CEO Elon Musk Trolls Jaguar Rebrand on X

The team running Jaguar's X account was working hard on social media this week.