Gurugram-Based Edtech Startup ‘Yellow Class’ Raises $1.3M In Pre-Series A Funding
Online hobby platform for young kids Yellow Class has raised $1.3 million (about Rs 9.6 crore) in a pre-Series A funding round led by India Quotient.
The funding round also saw participation from many marquee angels and startup founders such as Kunal Bahl and Rohit Bansal of Snapdeal, Vivekananda Hallekere of Bounce, Alwin Tse of Xiaomi, Dhruv Agarwala of PropTiger, Alok Mittal of Indifi, Maninder Gulati and Abhinav Sinha of Oyo, Pallav Pandey of Knowlarity, and Harpreet Singh Grover and Vibhore Goyal of FirstCheque.
As per the startup, it plans to use the funds to launch more classes and develop more products.
The startup also aims to expand its presence in Tier II and Tier III cities in India in the next six months.
Founded by Arpit Mittal and Anshul Gupta, Yellow Class is a Gurugram-based startup, launched in the middle of coronavirus-induced lockdown in June.
The startup offers online hobby classes like dancing, drawing, painting, flameless cooking, yoga, storytelling, among others, for children in the age group of three to 12.
Yellow Class has a current user base in 52 countries, mostly from India and the Middle East.
Talking about the funding round, Anshul Gupta, Co-Founder of Yellow Class, states,
“We are happy to be recognised and associated with India Quotient, and would like to utilise the funds received towards expanding our offerings and product development.”
Yellow Class claims to offer more than 50 varied programmes with over 40 inspiring mentors. And, more than 200,000 kids have joined the community, since the inception of the startup.
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