An online platform for extra-curricular activities, Crejo.Fun raises USD 3 million in a seed fund round on Friday.
The funding round was led by 021 Capital – a VC firm backed by Binny Bansal, Co-founder of Flipkart., Matrix Partners India, Gemba Capital, with some popular investors such as Sujeet Kumar, Co-founder, Udaan; Prashant Purker, ex-CEO ICICI Ventures; Ankit Nagori, Co-founder, Cure.Fit; Lalit Keshre, Founder, Groww; Anil Goteti, Ex-SVP, Flipkart; Kunal Shah, Founder, CRED; Mekin Maheshwari, ex-CPO, Flipkart; Srinivas Anumolu, Founder, TutorVista, Giridhar Malpani; Rahul Chari, Co-founder, PhonePe; Sameer Nigam, Co-founder, PhonePe, and Kalyan Krishnamurthy, CEO, Flipkart.
The company stated that the fund will be utilized for product and content development, increasing growth and team expansion.
Words from investors –
On the latest investment done by Matrix Partners India, Managing Director, Rajat Agarwal, commented, –
“The extra-curricular activities for children is a $10B+ market opportunity in India alone. Demand for online learning has sky-rocketed over the last twelve months, with parents looking for the holistic development of their children. We believe Crejo.Fun is uniquely positioned to win in this space with its fun, interactive, and product-first approach. We’re excited to be on this journey with Vikas and Ankit and look forward to building a revolutionary learning platform for children.”
About Crejo.Fun –
Crejo.Fun was founded and established by Vikas and Ankit Agrawal, alumni’s of IIM Bangalore, having its headquarters in Bengaluru, Karnataka. It aims to aid children to discover and pursue their passion by offering exciting and fun courses for extra-curricular activities.
The courses are provided online and they are designed by the expert in that particular field, and it delivers live classes by the teachers who are qualified. The batches are conducted in small groups and provide individual attention to each and every kid.
Words from the Co-founder –
Talking about the latest fundraise Vikas Bansal, Co-founder of Crejo.Fun, who is an ex-Flipkart Senior Director, said,-
“Over 100 million children in India pursue different extra-curricular activities. Due to the pandemic, parents and children are now open to learning these skills online. Crejo.Fun was founded with the vision of helping children discover their hidden treasures and pursue their passions.”
“Additionally, we will unlock online teaching for extra-curricular activities as a career opportunity for teachers across India, enabling them to teach students globally and augmenting their income while pursuing their passion.” – he added.
On the way of teaching and conducting classes he said –
“ Crejo.fun provides children access to high-quality teachers and courses which are designed as per modern pedagogy, and will help them build their creative and cognitive skills from the comfort and safety of their homes.”
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