Mumbai-based early childhood edtech startup Raising Superstars has raised $2 million in a pre-Series A funding round led by BLinC Invest. BLinC Invest is a venture capital fund focused on investing in edtech and fintech startups.
With this round of funding, the startup plan to use the raised capital to broaden its management team, increase its global presence by localising content, and invest in technology.
Founded in 2020 by Raghav Himatsingka and Shraddha Himatsingka, Shark Tank India-featured Raising Superstars said it supports the belief that early childhood education is crucial to the long-term growth and development of every individual.
The startup also said its conceived pedagogy for early childhood development focuses on nurturing positive relationships and a conducive environment for the child's learning and growth.
"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," said Raghav Himatsingka, co-founder and CEO of Raising Superstars.
"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," said Amit Ratanpal, founder and MD of BLinC Invest.
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