Kutuki raises $2.2 million Seed funding
Bengaluru: Kutuki, a learning platform focused on children between the ages of three and seven, has raised Rs 16 crore (around $2.2 million) in a seed round led by Omidyar Network India.
Kutuki, operated by Soniqmantra Pvt Ltd, was set up in 2017 by Bharath Bevinahally and Sneha Sundaram.
Currently, the company has content in five languages – English, Hindi, Kannada, Tamil, and Marathi. It will use the capital it has raised to expand its content library to cover all major Indian languages, as well as to create a more immersive learning experience for students and expand market reach to Tier-II locations and beyond.
The investment in the company shows continued investor interest in the edtech segment. Early-stage startups in the space have continued to raise capital, even as bigger players such as Byju’s and Unacademy snap up companies.
