Funding Alert

Ed-tech startup BrightChamps valued at $500 million with financing raised from Premji Invest


Bangalore based Ed-tech startup BrightChamps has reached a valuation of $500 million post its finance round led by Premji Invest. The company recently raised $63 million in its funding round led by Premji Invest. The funding round also saw participation from GSV Ventures, Binny Bansal backed 021 Capital and Beenext.

The funds thus infused would be utilized to hire across major functions such as product, technologies, operations and more.

brightchamps

Talking about the ed-tech startup, Binny Bansal commented, “BrightChamps is well-positioned to emerge as a global leader in the edtech industry. Their meticulously-curated curriculum and blended approach are designed to spark scientific curiosity and exploration in early learners, allowing them to master new-age skills at their own pace.”

Founded in July 2020 by Ravi Bhushan, BrightChamps is a live learning platform which offers diverse learning packages that cater to students from the age group of 6-15 years. The platform currently operates in 10 countries and allows students to learn about artificial intelligence, design thinking and similar topics in their native language.

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