Chennai-based EdTech startup Flinto Learning Solutions raised $7.2 million in its Pre-Series B funding round led by Lightbox Ventures. The firm has decided to utilize the investment in growth of its early learning space and expand its latest service, Flintoclass@HOME, a preschool solution, Through the platform, the startup aims to deliver structured early learning and focuses on making a child school-ready from the comfort of their homes during the ongoing pandemic.
Prashant Mehta, Partner at Lightbox stated, “By kindergarten, 90 percent of a child’s brain capacity develops, yet only 10-15 percent of the funding is allocated towards early learning, globally. The resources for early learning are sparse, and a curriculum with a child-centred pedagogy is rare. At Flinto, we see an opportunity to build a global leader in addressing the unique needs of early learning by co-creating products with children, parents and educators.”
Arunprasad Durairaj, Vijay Babu Gandhi, and Shreenidhi Srirangam founded Flinto in 203 with the objective of providing early childhood development for children between 2-12 years of age. The company’s flagship product Flintobox reportedly caters to about one million families across India, providing ample understanding into the engagement and development of children across various age groups.
Durairaj, CEO and Co-founder of Flinto Learning Solutions said, “In less than a month, we have 3,000 enrolments for Flintoclass@HOME and it is very promising. We will be using the funds to create, expand and distribute this product across the world so that no child’s learning stops due to COVID-19.”
Its other offering, Flintoclass is powering children with learning tools and driving passionate entrepreneurs with a business model to grow preschools. In the last 1.5 years, Flintoclass spread its wings to more than 700 preschools across eight countries.
Durairaj said, “We don’t want COVID-19 to come in the way of a child’s learning. For children below six years of age, monotonous online classes can’t be a substitute for the multi-sensory experiences that they deserve. We wanted to ensure that children continue receiving structured hands-on learning without compromising on their safety.”