WizKlub raises Rs 6 crore in pre-Series A funding round

Bengaluru: WizKlub, an education-technology startup that focuses on the holistic cognitive development of children, has raised Rs 6 crore (around $825,207) in a pre-Series A funding round.

Bengaluru-based WizKlub said it has raised this capital from Incubate Fund India, which is an existing investor in the company. The fund is backed by Japan’s Incubate Fund.

This development comes after the company in January last year raised Rs 7 crore (around $1 million) in seed funding led by Incubate Fund India, with participation from social-impact investor Insitor Impact Asia Fund.

WizKlub, operated by Wizklub Learning Pvt Ltd, was set up in 2018 by Amit Bansal. The company says its platform promotes cognitive skills in children between the ages of 5 and 15.

The firm will use the capital it has raised to accelerate growth and run rate. It claims to have so far delivered more than 100,000 hours of personalized learning content to students across the world.