MAKE ME BETTER: BetterU Education Corp., an Ottawa, Ontario-based provider of online education services in India that include K-12 programs, job skill enhancements and a job portal, has raised 500,000 Canadian dollars (about USD $380,000) through a private placement, meaning the company sold securities to a small number of institutional or individual investors.
The company did this to build working capital for “revenue generation and closing of investments currently in the pipeline,” according to a statement earlier this month.
Founded in 2013, betterU claims to offer 12,000 courses for all age groups, careers and industries.
This article has been updated to reflect betterU's investment in U.S. dollars.
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