Edtech startup Creative Galileo raises $7.5 million in Series A funding
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.
“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.
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.
Early learning ed-tech platform Creative Galileo on Thursday said that it has raised $7.5 million in Series A funding.I’m certain this startup would keep on thriving in its excursion ahead. All the best to the whole group. This will give them an enormous achievement in the future.Shishir Gupta, Founder and CEO, StartupLanes
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