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Crejo.Fun funding

crejo fun funding

Crejo.Fun announced that it has raised $3 million in seed funding from Matrix Partners India, 021 Capital — a venture capital firm backed by Flipkart co-founder Binny Bansal. 

Kalyan Krishnamurthy, CEO, Flipkart; Sujeet Kumar, Co-founder, Udaan; Rahul Chari, Co-founder, PhonePe; Sameer Nigam, Co-founder, PhonePe; Kunal Shah, Founder, CRED; Prashant Purker, ex-CEO ICICI Ventures; Saikiran Krishnamurthy, Founder, xto10x; Mekin Maheshwari, ex-CPO, Flipkart; Srinivas Anumolu, Founder, TutorVista, Ankit Nagori, Co-founder, Cure.Fit, Lalit Keshre, Founder, Groww; Anil Goteti, Ex-SVP, Flipkart; Giridhar Malpani; and Gemba Capital also participated in the round. 

The startup plans to use the freshly raised funds for team expansion, product and content development, as well as to accelerate growth.

Speaking about the funding, Vikas Bansal, Co-founder of Crejo.Fun said, “Over 100 million children in India pursue different extra-curricular activities. Due to the pandemic, parents and children are now open to learning these skills online. Crejo.Fun was founded with the vision of helping children discover their hidden treasures and pursue their passions.” 

Vikas stated that they offer students access to high-quality teachers and courses which are designed as per modern pedagogy and will encourage them to develop their creative and cognitive skills from the comfort and safety of their homes. 

He added, “Additionally, we will unlock online teaching for extra-curricular activities as a career opportunity for teachers across India, enabling them to teach students globally and augmenting their income while pursuing their passion.” 

Established by IIM Bangalore alumni Vikas and Ankit Agarwal, Crejo.Fun strives to encourage children to recognize and pursue their passion by providing fun and exciting courses for extracurricular activities. 

The online courses are designed by subject matter experts and delivered live by qualified teachers in a small group format (up to four children) to give individual attention to children.

Rajat Agarwal, Managing Director, Matrix Partners India said, “The extra-curricular activities for children is a $10B+ market opportunity in India alone. Demand for online learning has sky-rocketed over the last twelve months, with parents looking for the holistic development of their children. We believe Crejo.Fun is uniquely positioned to win in this space with its fun, interactive, and product-first approach. We’re excited to be on this journey with Vikas and Ankit and look forward to building a revolutionary learning platform for children.”

Crejo.fun has built an interesting platform for children to identify and nurture their passions while the pandemic has pushed them to stay indoors all day. The company seems to reach great heights in the time to come. My best wishes to the team of Crejo.fun.

Shishir Gupta, Founder and CEO, StartupLanes

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