Kyt secured US$2.5M in funding
Kyt, an Indian edutech startup, has secured US$2.5 million in funding, led by Surge (by Sequoia India).
Singapore-based Titan Capital and angel investors such as Allen Penn, former Global Head of Operations at Uber Eats, and Amrish Rau, Co-founder, and CEO of Pine Labs, also joined the round.
The funds will be channeled to expanding Kyt’s platform globally, focusing on its launch in Singapore.
The edutech startup is part of Surge’s fourth cohort, a bi-annual rapid scale-up program that runs for startups across Southeast Asia and India.
Founded in June 2020 by the husband-wife duo of Bhavik Rathod and Tripti Ahuja, Kyt leverages technology to provide virtual live lessons to children from five to 15 years old worldwide.
The startup offers two learning pathways on its platform: Kyt Academy and Kyt Workshops. Academy courses span up to 12 weeks and are designed for children passionate about specific areas of knowledge outside of traditional curriculums — such as yoga, language, reading, and dance — and want to expand their skills.
Workshops are one-time classes, ideal for children who would like to explore different interests and try multiple classes, including cooking, magic classes, animation, rap, and poetry.
In the coming months, Kyt expects several thousand new students to enroll in its platform while also onboarding more online learning teachers. The platform will also be adding more courses, including chess and various musical instruments.
