Edtech startup Creative Galileo raises $7.5 million in Series A funding

Advertisement
Edtech startup Creative Galileo raises $7.5 million in Series A funding
Representative imagePixabay
  • Founded by Jhunjhunwala and Nikhil Naik, the ed-tech start-up raised $7.5 million in Series A funding.
  • The company will use the funds to scale up and accelerate hiring across the teams in multiple geographies.
  • It was recently listed by HolonIQ on its annual list of the 100 most promising EdTech start-ups from India & South Asia.
Advertisement
Early learning ed-tech platform Creative Galileo on Thursday said that it has raised $7.5 million in Series A funding.

The funding was led by Kalaari Capital, Affirma Capital, East Ventures, Valiant Employee Investment Fund and angel investors.The ed-tech start-up has so far raised $10 million, including a pre-series A round of $ 2.5 million in October last year.

Creative Galileo will use the funds to scale up and accelerate hiring across the teams in multiple geographies. It will also introduce regional languages and further strengthen the research and development of the platform.

Complimentary Tech Event
Discover the future of SaaS in India
The 6-part video series will capture the vision of Indian SaaS leaders and highlight the potential for the sector in the decades to come.25th Aug, 2022 Starts at 04:00 PM (40 mins)Register Now
Our Speakers
Dan Sheeran
Sandeep Gupta
“In the last year, we have successfully built and provided millions of children access to high-quality content in our Digital and Educational Equality mission. We want to enable bespoke learning for children across the globe through their favourite characters to strengthen their foundation during their early years,” said Prerna A Jhunjhunwala, founder of Creative Galileo.

The company was founded in July 2020, during the Covid-19 pandemic, by Jhunjhunwala and Nikhil Naik. Creative Galileo is a character-based early learning platform for kids in the ages 3-10, and claims to have over 7 million downloads and 7,00,000 monthly active users in just over a year.

Advertisement

Creative Galileo was recently listed by HolonIQ on its annual list of the 100 most promising EdTech start-ups from India & South Asia.

“We are excited to strengthen our partnership with Prerna and Nikhil as they continue their journey of transforming learning experiences for children across the globe. In the last six months, they have achieved strong growth with low marketing spends. This is a testament to the founders' relentless focus and strong execution,” said Vani Kola, managing director, Kalaari Capital.

The funding comes amid a massive churn in India’s ed-tech sector. Companies like Byju’s, Unacademy and WhiteHat jr have resorted to mass lay-offs to cope with a crash crunch.

SEE ALSO:
India sealed M&A deals worth $104.3 bn this year, raised $6 bn from IPOs
Strong corporate earnings drive markets higher
{{}}