24 July 2018, India:
Edtech startup Kidovators has raised $180,000 Seed Funding round from impact investor Gray Matters Capital under its edLABS initiative. M Chandrasekaran, board member at Sylvant Advisors and former corporate advisor to the Manipal Group, also participated in the funding round.
The startup will use the fresh capital to scale its programmes to over 100,000 students and 600 partner schools in 2018 and to strengthen its core content, technology and sales teams, it said in a statement.
“We have been constantly working to empower school going students with skills that would prepare them for a thriving future that will be dominated by automation and artificial intelligence. With our flagship programs on creative and critical thinking, we have pioneered 21st century competencies education for K-12 students. Our constant effort is to provide the most relevant education to them,” said Priyadeep Sinha, Founder and CEO, Kidovators.
Priyadeep Sinha added, “I am grateful to Gray Matters Capital and Mr. Chandrasekaran for putting their faith in us and we are constantly working towards adding more challenges, courses and spotlight programs around 21st century competencies education along with ensuring to create a level playing field by providing the highest quality of education to budget private schools as well along with marquee schools in India and abroad.”
.”The workplace of today needs a workforce equipped with skills to collaborate, articulate ideas, analyze and decipher insights from a sea of information and solve problems through creative thinking and critical reasoning. The big challenge in front of us is knowing how to support and teach these skills to students in schools. Kidovators is one of those innovative enterprises in the India’s education sector which we foresee will create a huge impact in building the human capital India needs for the future by successfully overcoming this challenge head-on,” said Ragini Bajaj Chaudhary, India CEO, Gray Matters Capital.
“Kidovators has a unique product offering, it is off-curriculum but in school, and harnesses the power of competition towards making students 21 Century ready. Further, the organization has made inroads into the budget private school (BPS) space with the NISA partnership as well as launched the new programs and Olympiad on Critical Thinking. The company further has ambition to build a platform to help students to learn at their own time, space and abilities; inculcating the habits needed for life-long learning. edLABS had made a smaller investment earlier in the company and based on the entrepreneurs understanding and passion for the space as well as his ability to execute we increased the investment amount for this round. Kidovators finds resonance with the edLABS ethos and our investment is a validation of the potential scale as well as impact that it can create in our education system,” said Smita Sircar, Innovations Director, edLABS and Ecosystem, Gray Matters Capital.
“Priyadeep and team Kidovators have been creating pathbreaking programs on 21st century skills such as creativity and critical thinking that is aimed at helping school children face a future that is both exciting and challenging. Having seen and advised the team right from the beginning, my faith in their ability to create new programs, create new partnerships with schools and overall execution ability has gone from strength to strength. Team Kidovators has clearly created a niche for themselves in the 21st Century education space and the current investment is my vote of confidence in their passionate attempts to make a difference,” said M Chandrasekaran.
Kidovators was founded by Priyadeep Sinha and Sonali Gupta in 2011.
(Image – Kidovators)
