Kreedo Secures $4 Million to Boost Early Childhood Education

by Beatrice

Kreedo Early Childhood Solutions, an edtech startup based in Bengaluru, has secured $4 million in its Series A funding round. The investment, led by Singapore’s Heritas Capital, saw substantial contributions from existing investor UBS Optimus Foundation and other prominent backers, including Gray Matters Capital, 1Crowd, The Chennai Angels, and The Joka Angel Network.

The new funds will be crucial for advancing Kreedo’s product offerings and expanding its reach into additional regions across India.

Kreedo Co-founder Mridula Shridhar commented, “This funding will enable us to extend our presence across more areas in India. Due to high demand from our school partners, we plan to expand our product line to include Grades 3-5 and enhance Practico, our digital home learning platform.”

She added, “We will also scale up our pre-primary teacher training program, creating a pool of job-ready teachers for our partner schools and the broader early education sector. These efforts align with our goal of democratizing and transforming early education in India.”

Founded in 2012 by Mridula Shridhar and VK Manikandan, Kreedo partners with affordable private schools and preschools, using its 6T learning framework to revolutionize early childhood education. This model, which includes Kreedo Activity Labs, focuses on play-based learning through a mix of toys, technology, theory, teacher training, a structured timetable, and teamwork, catering to children aged 3 to 8 years in accordance with NEP 2020 guidelines.

In the past two years, Kreedo has doubled its revenue, grown its network from 700 to 1,700 schools and preschools, and increased the number of children benefiting from its programs from 55,000 to over 140,000.

Chik Wai Chiew, CEO and Executive Director of Heritas Capital, stated, “We are excited to support Kreedo and other impact investors in enhancing affordable private schools and teacher training programs. We believe Kreedo’s proven track record and innovative plans will significantly impact the education landscape and improve the future for children across India.”

Regis and Savoy Pvt Ltd and Zanskar Advisors acted as advisors for this funding round.

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