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PlanetSpark raises $13.5 Mn in Series B

Edtech platform PlanetSpark has raised $13.5 million from Prime Venture Partners and angels including Binny Bansal, Deep Kalra, Ashish Gupta, Gokul Rajaram, and Shirish Nandkarni, in a Series-B round. PlanetSpark had previously raised $3.7 million in previous rounds from Prime Ventures, FIITJEE and several angel networks.

The freshly infused funds will be deployed towards business growth, product development and international expansion.

Founded in 2017 by Kunal Malik and Maneesh Dhooper, PlanetSpark is an ed-tech platform for communication development. It offers live 1:1 classes in public speaking,  creative writing, storytelling, debate, podcasting, stand-up comedy and poetry for children aged 4-16 years. 

The Gurugram-based firm said that it is growing at 30% month-on-month and has coached students with over 1 million classes across 13 countries. It grew 45x over the past year and plans to grow further by 30x over the next two years.

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PlanetSpark raises $13.5 Mn in Series B

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Below is the bank details:

 
Amount: INR 3,00,000 + GST (TDS to be deducted 2%)
Bank Name: ICICI Bank
Account Type: Current
Account Name: Bareback Media Private Limited
Account Number: 002105023595
IFSC Code: ICIC0000021
 
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