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Home World Regional News Asia

India’s Creative Galileo raises $7.5 Million

Femi Thomas by Femi Thomas
07/27/2022
in Asia
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Edtech platform for kids Creative Galileo has raised $7.5 million in funding from investors, including Kalaari Capital, the company. 

Affirma Capital, East Ventures, Valiant Employee Investment Fund, and angel investors also participated in the funding round.

This brings Creative Galileo’s total funding to $10 million, including $2.5 million raised in July last year.

The firm’s founder Prerna A Jhunjhunwala said the company has raised fresh funds at a valuation of $40 million – which is over three-fold higher compared to its around $12.5-million valuation in July last year.

Founded in July 2020, the company claims to have over 7 million downloads and will use the funds to scale up, accelerate hiring across the teams in multiple geographies, introduce regional languages and further strengthen the research and development of the platform.

Creative Galileo is a character-based early learning platform for kids aged 3-10 years. The company plans to double its team from 30 to over 60 in a year.

The company uses famous local superhero cartoon characters and has signed EBS Korea to get access to their content.

 

Read more on Tech Gist Africa:

Indian Startup Lal10 raises $5.5 Million

Healthtech startup Eka Care Care raises $15 million

Amsterdam-based Sympower picks up €22 million

 

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