Edtech startup Creative Galileo has raised $2.5 million in its seed round led by Kalaari Capital with an investment of $2.1 million. Harish Bahl, Shashin Shah, Jinesh Patel, Atul Nishar, Ashwin Puri and Giridhar Malpani have also joined the round and put the remaining amount.
The fresh capital will be used to ramp up product development and enhancement, creating new engaging content, partnerships with leading animation houses and hiring new talent, said Creative Galileo in a press release.
Co-founded by Prerna A Jhunjhunwala and Nikhil Naik, Creative Galileo provides early learning for children from 3 to 10 years. It focuses on six learning domains – numeracy, language, arts and aesthetics, social and emotional learning, motor skills, and discovery of the world through narrative videos, gamification, and personalized learning journeys.
Since its launch in July 2020, the app has recorded over four million downloads and claims to have over five lakh monthly active users. It has also tied up with Big Animation, Periwinkle, Shermaroo and Toonz.
Last month, 17 Indian startups in the edtech space raised around $270 million. Byju’s topped the list with $150 million, followed by Vedantu which raised $100 million.