Bengaluru-based early childhood education startup Kreedo raised $4 Mn (INR 33 Cr) Series A funding round led by Heritas Capital and UBS Optimus Foundation
The startup plans to use the funds to enhance its product offerings and expand into new geographies in India.
Kreedo aims to take its programs to over 7,000 schools across multiple cities.
Bengaluru-based edtech startup Kreedo has raised $4 Mn (INR 33 Cr) in a Series A funding round led by Heritas Capital.
The round also saw participation from existing investors, including UBS Optimus Foundation, Gray Matters Capital, 1Crowd, The Chennai Angels and The Joka Angel Network among others.
Kreedo plans to use the fresh capital to boost its product offerings and expansion
“With the current round, we will take Kreedo to more geographies in India. With incoming demand from our school partners, we also plan to extend our product offerings moving upwards to Grades 3-5, and enhance Practico, our digital home learning platform,” said Mridula Shridhar, cofounder of Kreedo.
Founded in 2012 by Shridhar and VK Manikandan, Kreedo partners with affordable private schools and preschools to transform early learning delivery.
It uses a 6T learning framework that integrates play-based learning with toys, technology, theory, teacher training, timetable, and teamwork.
Over the last two years, Kreedo claims to have doubled its revenue, expanded its reach to 1,700 schools/preschools, and increased the number of children benefiting from its programmes from 55,000 to more than 1,40,000.
(The story will be updated soon)
