Preschool EdTech Firm Nalanda Learning Raises ₹40 Crore From Aavishkaar Capital
- ByStartupStory | June 30, 2021
Kolkata-based EdTech venture Nalanda Learning Systems Pvt. Ltd has raised ₹40 crore from Aavishkaar Capital, the company said in a statement on Wednesday. Nalanda Learning, a preschool education company works under the brand “Little Laureates”. Nalanda’s learning brings the experience of running preschools into a comprehensive digital platform that includes engaging digital content, live classes, and interactive games, enabling the development of vital literacy and cognitive skills, promoting creativity, and fostering engagement, expanding imagination, for early learners, the statement said.
The company first got established in West Bengal & is now planning to expand nationally through its integrated platform of digital content, curriculum, and pedagogy, targeting children in their early years.“While the entire education sector has encountered significant headwinds on account of the pandemic, Nalanda continues to move forward and has developed the next generation learning solutions for kids at the foundation learning age. Our integrated digital learning solutions are extremely engaging and children can easily adapt to the new way of learning. We are accordingly, witnessing very significant traction and receiving extremely encouraging responses from parents across India. This capital raise will help us in further enhancing our technology capabilities and improving our geographic reach to early learners and preschools across India,” said Tamal Mukherjee, CEO of Nalanda.
Ajay Maniar, partner, Aavishkaar Capital said “The Nalanda team has shown great dexterity in re-imagining the pre-schooling business and have been able to translate their high-quality pedagogy into a highly impactful business proposition for preschool owners, teachers and parents. The National Education Policy has recognized the importance of foundational learning for children and ushered in a new era for preschools and Nalanda is well-positioned to capitalize on the same” .
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