BrightChamps, an ed-tech soonicorn, will now accept cryptocurrency as payment
- ByStartupStory | February 21, 2022
Brightchamps, an edtech company that teaches kids ages 6 to 16 about programming, artificial intelligence, design thinking, and financial literacy online, has raised $63 million in total funding since its launch last August and is now valued at nearly $500 million, according to founder and CEO Ravi Bhushan.
Premji Invest, Wipro founder Azim Premji’s investment firm, led a $51 million round of fundraising, including participation from edtech investor GSV Ventures, Flipkart cofounder Binny Bansal’s 021 Capital, and Singapore-based venture fund Beenext.
GSV Ventures, located in the United States, which has funded Indian edtech companies such as Classplus and LEAD School, led a previously unannounced $12 million fundraising round in Brightchamps, which operates in ten countries throughout the Middle East and Southeast Asia. It is expanding to the United States and Canada as a result of the increased funds. Bhushan further stated that he intends to introduce paid courses in India next year.
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