Curiositi Learning, an educational startup has raised Rs.3.5 crore in Series A funding led by Menterra Social Impact Fund and existing investor — Unitus Seed Fund. Curiositi offers activity-based learning kits and personalized software to students, as an aid for a better understanding of subjects like mathematics and science. The venture currently deals with CBSE, ICSE and State board curricula of Maharashtra and Karnataka.
Curiositi Learning Solutions Pvt. Ltd. was founded by Vinod Abraham and Manoj Thandassery back in July 2013. The ed-startup is designed so as to develop an interest in complex subjects of students of standard I TO X. The team includes teachers, product designers, technologists as well as ops gurus.
The revenue for the platform is generated on a per-user basis and presently has over 20,000 users in 100 schools particularly in Karnataka and Maharashtra. The company even partners with schools and provides them a specific number of student users varying upon the need. Further, the learning kits and softwares can also be downloaded by the users on their laptops or mobile phones.
The seed round for the Curiositi was backed by Bengaluru-based investor Unitus Seed Fund in 2014. With the current fund-raise, the startup plans to enhance existing product features alongside building up its sales and marketing reach. Curiositi aims to hit the 1 lakh user mark in the next two years.
Abraham, Co-founder for the company previously stated,
Science is transformed without the need for labs, storage space, internet access or capital expense. This allows us to offer the program across the price-spectrum, including so-called Affordable Private Schools (APS) that otherwise have no options beyond the text-book.
Speaking upon the lead investor Menterra Social Impact Fund, it seeks out entrepreneurs at the early stages of developing their ideas and invests in such startups then. This is the fifth investment for the funding platform since its launch in 2016. Existing startups backed by the Menterra platform include Leap Skills Academy, med-tech startup Biosense Solutions and agricultural enterprise Nubesol.