Edtech Startup Raising Superstars Raises $2 Mn In Pre-Series A Round
Raising Superstars, a Mumbai-based edtech startup, has raised $2 million in a pre-Series A round from BLinC Invest, a venture capital fund focused on investing in the edtech and fintech space.
As per the startup, the freshly raised funds will be used to broaden its management team, increase its global presence by localising content, and invest in its technology.
Raising Superstars | Activity-based Educational Videos
Founded by Raghav Himatsingka and Shraddha Himatsingka in 2020, Raising Superstars is a Mumbai-based edtech firm offering activity-based educational videos that help parents to engage and teach children aged 0-6.
Speaking about the development, Raghav Himatsingka, Co-founder and CEO of Raising Superstars, said,
“This fundraise is an important milestone for us because it will help us expand our offerings (both vertically and horizontally) and serve our customers better around the world. We are grateful to the BLinC Invest team for expressing confidence in our product. We are excited about what lies ahead.”
The Raising Superstars team has created a proprietary method called the Prodigy Framework for the development of all-around abilities in babies, toddlers and young kids. Its conceived pedagogy for early childhood development focuses on nurturing positive relationships and a conducive environment for the child’s learning and growth.
Commenting on the development, Amit Ratanpal, founder and MD, BLinC Invest, said,
“The Early Childhood Care and Education report 2021 by BLinC Invest depicts a tremendous opportunity in this sector. We believe that Raising Superstars has created a new category in Early Childhood Development by providing a well-researched pedagogy for overall brain development in children between the age group of 0 to 6 years. Our research shows that the activities created by Raising Superstars for early brain development are deeply engaging and will contribute to the student’s future success in school, the workplace, and beyond.”
In May 2023, Ulipsu, a Bengaluru-based edtech startup and multi-skill learning platform, raised $3.2 million and closed the Pre-Series A round at $5.7 million to accelerate its growth and operations by expanding its footprint in domestic and global markets and diversifying its product portfolio.
Also, uFaber, an edtech startup offering training programs to its students across verticals on English communication and soft skills, IELTS, TOEFL and more, raised $3.02 million (Rs 25 crore) in a Series A funding round from Mastermind JPIN Capital Partners and Gray Matters Capital.
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