India, Feb. 28 -- Serial entrepreneur and investor Sashi Reddi's venture Boss Wallah has signed a formal agreement to acquire edtech platform ffreedom from Suvision Holdings.

In a statement, the company said that Reddi and "associates" will infuse $7 Mn (around INR 60 Cr) in Boss Wallah as an initial investment. However, there was no clarity on the financial contours of the deal.

"There are dozens of platforms for JEE and government exams. But what India needs is people looking to build businesses that provide employment and earn an income. That is what the Boss Wallah platform will do," said Boss Wallah founder and CEO Reddi.

While its website is yet to be operationalised, Boss Wallah claims to be building a platform that will provide...