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5 edtech startups beyond mainstream education
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Singapore-headquartered Kyt reimagines EdTech with a focus on holistic learning
Wednesday, February 24th 2021
Educational technology or EdTech is an industry that has been booming globally for the last few years, and even more so since the world became heavily technology-dependent in the wake of the spread of the COVID-19 pandemic. EdTech companies provide students with online tools and programmes to facilitate learning. However, not all EdTech companies are about academic learning and training. Those like Singapore-headquartered Kyt focus exclusively on extracurricular learning for children.
Kyt was founded in June 2020 by husband and wife duo Bhavik Rathod and Tripti Ahuja. Bhavik was a founding leader for Uber India and the Head of Uber Eats in India and South Asia while Tripti has spent 10 years designing customer experiences for top companies around the world, and an additional five years being part of founding teams at early-stage startups in India.
EdTech platform Kyt raises $5 million in Series A funding round
Kyt also plans to use the funds raised for deeper investment in technology and product to enhance the overall experience of studentsPremium
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Kyt is the first Indian company to receive investment from Singapore-based January Capital
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Educational technology platform Kyt on Wednesday raised $5 million in a Series A funding round. The investment is led by Alpha Wave Incubation (AWI), a venture fund managed by Falcon Edge Capital. Sequoia Capital India’s Surge, January Capital, Titan Capital and other angel investors also participated in the round. Kyt is the first Indian company to receive investment from Singapore-based January Capital, the company said in a statement.
Indian edtech firms go beyond school courses, test prep to tap kids
Photographer: Xaume Olleros/Bloomberg Premium
With most schools still shut and learning largely online, a bunch of edtech startups are offering extra-curricular courses to engage children and make them future-ready. Going beyond the traditional test preparation and online tutoring programmes, these courses offer dance and music, chess, yoga, quizzing and make-up courses, and even provide opportunit to learn from celebrities in respective fields.
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