Tinkerly labs raise 6.5 cr in a round led by Navneet Tech Ventures
- ByManjeet Singh | October 9, 2021
Since its inception in 2009, Marwari Catalysts Ventures has supported dozens of Edtech startups, and its portfolio company Tinkerly has recently raised Rs6.5 cr in a round led by Navneet Tech Ventures. The Jaipur-based EdTech startup was founded by IIT-Delhi and XLRI alumni Sharad Bansal, Om Prakash Godara, and Kapil Arya back in 2015. This round of funding raised a total of Rs10 crores.
Using STEM educational kits as part of a play-based curriculum, the startup focuses on bringing a fun and engaging learning experience to children in monotonous online coding classes.
Education startups are experiencing a boom in India and this announcement illustrates that trend. Through its support for strong Edtech startups such as Tinkerly that can bring this vision to life, Marwari Catalysts is contributing its bit to a comprehensive vision for education in the Indian market.
Tinkerly aims to make kids creators instead of consumers of technology, it states in a statement. The startup further adds, “Prior to COVID-19, exposure to robotics or coding was limited to students studying in less than one percent of total Indian schools. With the adoption of online learning, access to quality learning has been democratized.”
Sharad Bansal, CEO of Tinkerly and co-founder of the startup, comments, “The fresh capital will multiply the startup’s efforts to rapidly grow the online user base and invest in technology. Tinkerly’s unique (Kit + Live Class) courses combined with the support of Navneet Tech Ventures and MCats, will set new benchmarks of learning outcomes and spark the joy of making among students across the globe.”
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