Startup Eduwizards slams investors over funding pull back
Online tutoring platform Eduwizards has claimed that the company's main investor Gautam Dalmia (MD of Dalmia Cement) pulled back on the commitment of ₹20 crore made to the startup in 2014. The investor, however, argued that the performance of the startup has been unsatisfactory, which caused the pullback. The investors only invested ₹9.68 crore in the company, the founder alleged.