Airtel makes its first bet in education – acquires a 10% stake in edtech startup Lattu Kids

• Lattu Kids offers digital learning tools for children.
• The telecom giant has acquired a 10% stake in the edtech platform.
• The edtech startup is the fourth company to be a part of the Airtel Startup Accelerator Program

Airtel has made its first education technology investment with Lattu Kids as part of the Airtel Startup Accelerator Program. The telecom giant has acquired a 10% stake in the edtech platform.

Lattu Kids offers digital learning tools for children. The Mumbai-based startup focuses on digital content, gamification and technology driven solutions for students between Nursery and Grade 2 specializing in Maths and English.

The app has a 4.3 star rating on Google Play and has over 100,000 downloads. The app has also been integrated across platforms like Ola, Amazon FireTV.

The strategic investment from Airtel comes at a time when the edtech sector is booming as schools and colleges have been shut for months now due to the coronavirus lockdown.

“At Airtel, we aspire to support the growth of the start-up ecosystem through our digital platforms. And now more than ever, online education is a critical need for millions of young children who do not have access to regular classrooms. We believe that LattuKids can make a positive impact in the space of online education and are excited to have them in our accelerator and partner in their growth,” said Adarsh Nair, Chief Product Officer, Bharti Airtel.

The edtech startup is the fourth company to be a part of the Airtel Startup Accelerator Program and will use Airtel’s expertise to scale up operations and distribution.

SEE ALSO:

Kavin Bharti Mittal unveils the cool new HikeLand – that includes a virtual movie theatre for the post COVID world

These two Indian startups are in the World Economic Forum's Technology Pioneers list that has earlier had Google, Airbnb, and Twitter

EXCLUSIVE: Inside the Reliance Jio deals – Akash Ambani was the one to choose Facebook, the next big investments and the ideas sold to investors