“In 2017, in its first year of operation Eupheus Learning, a startup bootstrapped by 45 ex-Britannica employees, was looking for working capital financing. Getting working capital financing in the very first year can be challenging for any startup in India. However, Saurabh and team SMENiwas were quick to see the potential of the business that we were growing for classroom and home learning. SMENiwas’ venture debt support at the opportune time helped us complete the year successfully with a revenue in excess of USD 3.4 Mn, and thereafter secure equity financing. SMENiwas continued their support with another round of funding through their NBFC in 2019. This continued support will be remembered as a cornerstone for Eupheus”