Bambinos.live, a digital academy for extracurricular activities, announced on Thursday that it raised USD 500K in a seed funding round. This round was led by angel investors and HNIs.
The list of investors goes like, CEO of Eat.fit and Co-founder of Cure.fit, Ankit Nagori; Co-founder and COO of Xto10x, Neeraj Aggarwal; Director of Business Development, Netflix India, Abhishek Nag.
Bambinos.live will utilize this fundraised amount in the development of the products, extending the startups development network, and enhancing the quality of the content of courses in the various categories.
Words from the investors –
Commenting on the latest investment done by Xto10X the Co-founder and COO Neeraj Aggarwal said –
“I’m very excited to back the Bambinos.live team for building an ecosystem in extracurricular learning. Beyond the curriculum, learning is a very large space and is the need of the hour when academic excellence may no longer be enough for a child to succeed. Ashish and Ankit are very experienced operators and are putting the right building blocks to scale this category in edtech.”
About Bambinos.live –
Bambinos.live was founded and established by Ashish Gupta and Ankit Hetaamsaria in June 2020. It claims to offer more than 40 live online courses to more than 15000 kids in sectors like personality development, music, dance, visual arts, and communication for children in between the age group of 4 – 12.
Words from investors –
On the latest development, Ashish Gupta, Co-founder and CEO, Bambinos.live, said –
“In the last ten months, we’ve observed a surge in parent’s demand for extracurricular activities for their children. There are currently 15,000+ kids who have registered on our platform, including from India, Singapore, Japan, Korea, Canada, and the Middle East.”
“The new funding will enable us to grow our company and add new products and revenue streams. We have built a strong network of educators and content designers, which help us differentiate through our in-class experience,” he added.
On the operations done by the startup he added –
“ We have built a strong operational control with a high-efficiency model. This keeps our cost low and provides high consistency in customer experience. Our idea is to help a child discover multiple interests outside the school while helping her builds some critical life skills. All our programmes are selected and designed to enhance the learning experience compared to offline.”
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