Creative Galileo, an Edtech startup headquartered in Mumbai, has raised $2.5 million from a consortium led by Kalaari Capital.
Creative Galileo, an Edtech startup headquartered in Mumbai, has raised $2.5 million (roughly Rs 19 crore) from a consortium led by Kalaari Capital.The funds will be used to expand, develop and improve products, create new engaging content, form partnerships with top animation companies, and recruit employees, according to the organization.Kalaari Capital is investing $2.1 million in total funding, while the rest will be from well-known angel investors like Harish Bahl, Shashin Shah, Jinesh Patel, Atul Nishar, Ashwin Puri, and Giridhar Malpani, according to the report.With a monthly active user base of over half a million, Creative Galileo is one of the country's best early learning apps.
According to Prerna Jhunjhunwala, founder of Creative Galileo, the funding will assist the organization in recruiting talent, scaling up, and forge new alliances.Jhunjhunwala said that this will accelerate our efforts to deliver more personalized, inclusive, and relatable content that would benefit a child's growth in the early years.According to Vani Kola, MD of the fund, the funding of Creative Galileo by Kalaari Capital is the first under the fund's flagship CXXO program, which aims to support female entrepreneurs in India's startup ecosystem.According to the release, the initiative emphasizes access to capital and brings together a group of female achievers from different industries to provide mentorship to future leaders.