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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. ....
Alpha Wave leads $5 million Series A in India s edtech platform Kyt Edtech platform Kyt on Wednesday said it has raised USD 5 million (about Rs 36.5 crore) in funding led by Alpha Wave Incubation (AWI), a venture fund managed by Falcon Edge Capital. The series A round also saw participation from Sequoia Capital India’s Surge, January Capital, Titan Capital and other angel investors, a statement said. “The funds raised will be used for deeper investment in technology and product, to enhance the overall experience of the students and to accelerate global expansion. Kyt already has students from India, UAE and Singapore and is looking to scale its footprint to the US, Canada, UK and Australia,” it added. ....
The series A round also saw participation from Sequoia Capital India s Surge, January Capital, Titan Capital and other angel investors, a statement said. ....