After raising seed funding round a few months ago, ParentLane, a tech startup focused on child development, has now raised a new round of funding from Capier Investments. The VC firm is a personal investment firm run by Rohit MA, co-founder of Cloudnine Hospitals.
This funding round is an extension of an investment round raised by the company in the month of May. In that round, the company raised funding from Flipkart executive Sujeet Kumar and Aprameya Radhakrishna, co-founder of TaxiForSure.
The platform is aiming to empower parents with relevant information at the right time and right stage of their child development to help them track progress of their child in overall child development areas via a trusted network of fellow parents and experts.
Using best of breed technology, the company will be leveraging data science & machine learning extensively to map child development and thereby deliver personalized recommendation to the community engaging on the platform.
Commenting on this, Vijay Anand, CEO & co-founder, Parentlane said,
We are thrilled to partner with such a passionate leader like Rohit who truly understands the problems that a new parent goes through after the baby is born. We believe that his strategic inputs on helping new age parents during early child development would be greatly valuable as we ramp up the offerings on the Parentlane app and evolve as the most trusted brand among parents during this life changing experience.
ParentLane is a personalized app-based platform for baby care & child development which guides parents with personalized, trusted and timely advice and tips on overall child development milestones. The app comes in handy for new parents after the child is born and remains throughout the early child development lifecycle covering all aspects of growth & development, brain development activities for kids, food recipes and tips for parents during the journey.
Rohit MA, who invested in this round through Capier Investments, said,
We realise that today’s city-educated millennial generation needs precise and personalized information related to their child as they become parents. I believe Parentlane team has done a great job in leveraging technology to deliver personalized guidance to support parents during their early child development cycle and I am personally excited with their plans in delivering superior value to the entire parenting community.