On Tuesday, Edtech Firm Creative Galileo is an education technology that has raised $2.5 million for scaling up the business, product development and hiring. The company introduced the amount through a round led by Kalaari Capital (which invested $2.1 million) and the rest from angel investors Harish Bahl, Shashin Shah, Jinesh Patel, Atul Nishar Ashwin Puri and Giridhar Malpani.
Kalaari Capitalβs investment came from CXXO, the companyβs initiative to promote female founders in Indiaβs start-up ecosystem.
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Creative Galileo says it is one of the fastest-growing early learning apps in India, getting more than 4 million downloads in the first 12 months of its launch. Outside the Indian subcontinent, the app recorded 10 per cent of downloads from Nepal, Bangladesh, UAE, the USA and other countries.
βWe are excited to partner with Kalaari Capital, the CXXO initiative, and angel investors on our growth journey ahead. Our vision is to provide millions of children with access to high-quality content for learning in the early years for a solid foundation while keeping the process fun,” said Prerna A Jhunjhunwala, founder of Creative Galileo.
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