The Chennai Angels, Spark Capital invest in Skyfi Labs.

The Chennai Angels along with investment bank Spark Capital have invested in Skyfi Labs, a Bangalore-based education products and services start-up.

While the quantum of fund invested was not disclosed, the funds will be used to expand its reach to cover 1,000 new colleges, increase and refine the course offerings and enhance backend technology, company officials said.

Skyfi Labs, started in 2010, have trained around 25,000 students from 150 colleges, which includes institutions such as IITs and BITS Pilani.


HBL