The company plans to use the funds to broaden its management team, increase its global presence by localising content, and invest in its technology
Raising Superstars, a Mumbai-based early childhood edtech company has raised $ 2 million in a Pre-Series A round from BLinC Invest, a venture capital fund focused on investing in the edtech and fintech space. This is the first institutional round for Raising Superstars.
The company plans to use the funds to broaden its management team, increase its global presence by localising content, and invest in its technology.
Raising Superstars was founded in 2020 by Raghav Himatsingka, a Stanford University alumnus and former co-founder of Truckola Technologies, and Shraddha Himatsingka, a Leeds University alumna and former parents' consultant. The company believes that a child's emotional and physical health, social skills, and cognitive-linguistic capacities are developed through early exposure and experiences. Owing to its revolutionary product and unstoppable entrepreneurial spirit, the company was featured in Shark Tank India in 2021.
Commenting on the fundraise, Raghav Himatsingka, Co-Founder & CEO of Raising Superstars, said, “This fundraise is an important milestone for us because it will help us expand our offerings (both vertically and horizontally) and serve our customers better around the world. We are grateful to the BLinC Invest team for expressing confidence in our product. We are excited about what lies ahead.”
Amit Ratanpal, Founder & MD, BLinC Invest, added, “The Early Childhood Care and Education report 2021 by BLinC Invest depicts a tremendous opportunity in this sector. We believe that Raising Superstars has created a new category in Early Childhood Development by providing a well-researched pedagogy for overall brain development in children between the age group of 0 to 6 years. Our research shows that the activities created by Raising Superstars for early brain development are deeply engaging and will contribute to the student’s future success in school, the workplace, and beyond.”
This project has been planned in order to cater to the future water demand for Navi Mumbai
The proposed combination envisages the acquisition of an additional 4.04 per cent shareholding of Acko Technology and Services Private Limited (Acko Tech) by General Atlantic Singapore ACK Pte. Ltd,...
The upcoming edition will be graced by industry players like Aman Gupta (Co-Founder & CMO, Boat), Arjun Vaidya, CA Sarthak Ahuja and VC Firms like 100XVC, Blume Ventures, Artha Ventures and many more