SUMMARY
- Physis Capital, a growth-stage VC fund, invests Rs 5 crore in Creanovation Technologies Pvt. Ltd (CTPL) as its second major investment from its $50 million fund.
- CTPL, founded by Bikash Sahoo, offers CRM-driven admissions and lead management workflows, with AI-driven decision tools.
- With NextGen Academy, CTPL provides industry-collaborative courses to prepare students for job markets, helping educational institutions enhance revenue and efficiency.
Admissions platform Creanovation Technologies Pvt. Ltd (CTPL) has secured Rs 5 crore from Physis Capital, marking the second investment by the growth-stage-focused fund. This investment reinforces Physis Capital’s commitment to education-tech startups and brings CTPL’s total funding to $4 million through a combination of dilutive and non-dilutive capital.
Founded by Bikash Sahoo, CTPL leverages AI-driven tools for seamless admissions processing, integrating lead management with CRM-based workflows. Through its NextGen Academy, the company partners with industry experts to deliver courses tailored to equip students with in-demand skills. This holistic approach allows educational institutions to improve operational efficiency and generate additional revenue streams. Over the last three years, CTPL has experienced double-digit revenue growth year-on-year, remaining profitable even as it sets its sights on international expansion.
Physis Capital, which also backs companies like Bharat Pe and VideoVerse, focuses on pre-Series A to Series B investments in rapidly scaling ventures. Through CTPL’s offerings, Physis aims to support advancements in educational technology that align with future workforce needs.
