Supernova, an educational quiz startup that provides interactive live quizzes for kids on CBSE topics, has raised $1.1 million in a pre-Seed funding round led by Lumikai Fund, a venture capital firm focused on gaming and interactive media.
The round also saw participation from Kae Capital, All-in Capital, Goodwater Capital and Swiggy co-founders Nandan Reddy and Phani Kishan, PayU founder Nitin Gupta, former Gaana CEO Prashan Aggarwal and Moonfrog Labs founder Tanay Tayal.
The startup said it will use the raised capital to scale its product to incorporate multiplayer formats, strengthen its leadership team and deploy strategies that will amplify product lead user acquisition over the next 18 months.
Founded in 2021 by Anirudh Coontoor, Nawin Krishna and Maharishi RB, Supernova aims to redefine the current passive forms of learning by providing fun and engaging live quizzes, lessons and worksheets on CBSE topics.
The startup targets kids aged 4-12. "Today's kids are born into a world of smartphones and engaging digital experiences. They look for the same levels of engagement from their learning experiences. As a result, education is undergoing a generational shift towards user-centricity," said Maharishi RB.
"The only way to achieve this is through fundamental innovation. Our product is a fresh take on edtech that leverages the power of interactivity & systems of play. We are rethinking everything from pedagogy to pricing to distribution channels. This funding round will help us go a long way with this much-needed disruption," Maharishi adds.
Speaking on the investment, Justin Shriram Keeling, Founding General Partner, Lumikai Fund, said, "Supernova is taking a first principles approach to a massive opportunity with a new platform that re-imagines kids education by leveraging the power of experiential, game-based “learning by doing”. We’re excited to be partnering with Rishi, Anirudh and Nawin at an early stage, and look forward to supporting them with our deep gaming expertise & network on their critical mission to bring in demand pedagogies to a much wider audience in delightful and fun ways."