Creative Galileo, an Edtech startup, raised USD 2.5 million in a Seed funding round led by Kalaari Capital on 12 October 2021.
Investors: Kalaari Capital led the latest round of funding with participation from eminent angels such as Jinesh Patel, Harish Bahl, Shashin Shah, Atul Nishar, Ashwin Puri and Giridhar Malpani.
The Objectives behind the funding: The company plans to deploy the current proceeds to scale up the business, product development, and enhancement, creating new engaging content, forging partnerships with leading animation houses, and hiring talent.
About Creative Galileo
Founded in 2020 by Prerna Jhunjhunwala and Nikhil Naik, Creative Galileo is one of the fastest-growing edtech startups. Its early learning apps in India generated a record-breaking over 4 million downloads in the initial 12 months of its launch. The app combines the best of education and entertainment to build personalized, integrated learning experiences for young minds. It accelerates a child’s development through gamification, narrative videos and personalized learning journeys. Apart from India, the startup’s app has a user base across Nepal, UAE, Bangladesh, the USA and other countries. The startup has partnered with many industry leaders providing quality content, interactive learning and gamification, namely Big Animation, Amar Chitra Katha, Shermaroo, Toonz Animation, Periwinkle.
What the Founder has to say:
Announcing the funding, Prerna A Jhunjhunwala, Founder, Creative Galileo, said, ” We are excited to partner with Kalaari Capital, the CXXO initiative, and angel investors on our growth journey ahead. Our vision is to provide millions of children with access to high-quality content for learning in the early years for a solid foundation while keeping the process fun. The funding will help us add more famous Indian and International characters and languages, hire talent, scale up and forge new alliances. This will further fuel our efforts in creating more personalized, inclusive and relatable content helpful in a child’s development in the early years.”
What the Investor has to say:
“At Kalaari, we believe that technology in learning can bring unmatched access and affordability and improve literacy for a much larger target segment. Technology as a means of transformation led by passionate founders designed for the next generation of young digitally native learners is what Creative Galileo stands for,” said Vani Kola, Managing Director, Kalaari Capital. “When we met Prerna and Nikhil, we truly saw them as shapers of a digital tomorrow building the EdTech solutions for global learners of the future. We are also proud that Creative Galileo is our first investee from our flagship CXXO Program that we launched earlier this year. “
The global online education industry is anticipated to hit USD 319.167 billion in 2025, growing at a CAGR of 9.23% during 2019-2025.
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