Creanovation Technologies Pvt. Ltd (CTPL), an admissions-focused platform, has secured ₹5 crore from Physis Capital, a growth-stage venture fund. This marks the second investment by the $50 million fund, which had previously backed Ben & Gaws earlier this year.
Founded by Bikash Sahoo, CTPL offers a robust suite of solutions, including customizable workflows, CRM-integrated lead management, and AI-driven decision-making tools to streamline admissions processes.
CTPL extends its impact beyond admissions through its NextGen Academy, which provides industry-aligned courses to equip students with future-ready skills. The platform aids educational institutions in boosting revenue and operational efficiency.
The Gurugram-based startup has demonstrated exceptional growth, doubling its revenue annually for the past three years while maintaining profitability. With plans to expand into international markets, CTPL has raised a total of $4 million in this funding round, combining dilutive and non-dilutive capital.
Physis Capital, launched by the team behind Inflection Point Ventures (IPV), focuses on startups from pre-Series A to Series B. Its portfolio includes notable names like Bharat Pe, Blusmart, VideoVerse, and Otipy, showcasing its commitment to supporting innovative ventures across sectors.
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