BUSINESS

Playto Labs Raises Over Rs 4 Cr in Seed Round Led by Inflection Point Ventures

Playto Labs has raised over Rs 4 crore in a seed round led by Inflection Point Ventures, India’s largest angel investment platforms. The funds raised will be used in building a solid team and expanding its customer base.

Education startup Playto Labs has raised over Rs 4 crore in a seed round led by Inflection Point Ventures, India’s largest angel investment platforms. The funds raised will be used in building a solid team and expanding its customer base.

The round also saw participation from partners of upcoming fund Disruptors Capital, including Raj Snehil Juneja (chief investment officer); Krishna Kumar (founder, Simplilearn); Kunal Walia (founder, Simpliwork); Shashwat Kumar (managing partner, Khetal Advisors); and entrepreneurs including Tonmoy Shingal and Ketan Kapoor (founders, Mettl); Sachin Sharma (founder, Townscript); Rajesh Razdan (founder, Devtron Labs); Kuldeep Dhankar (SVP, CleverTap).

Vinay Bansal, founder & CEO, Inflection Point Ventures, said, “Our children are growing in the age of technology and get comfortable with using gadgets much before they learn to speak. Playto model is helping parents and their children harness technology in a much more positive way where kids are learning something new and keeping themselves engaged constructively. Given the technology exposure in India, this is a booming market which got us interested in backing Playto.”

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