New Delhi-based KleverKid, an after-school hobby and education services marketplace, has raised an undisclosed amount in seed funding from Aarin Capital Partners along with a group of other angel investors such as Ananda Kallugadde, Sunil Kaul and Maina Sahi.
The company plans to use the money to expand from Delhi NCR to all Tier I cities across India.
Founded in 2013 by Shabnam Aggarwal, KleverKid positions itself as a Yelp for learning courses. Yelp is a local business listing and review platform.
Prior to founding this online venture, Shabnam worked as a guest lecturer at IIT Delhi. Previously she worked with Eneza Education as advisor, Pearson as head of strategic partnerships, Datawind as senior VP- strategic relations and others.
She holds a bachelor’s degree in science, electrical and computer engineering from Carnegie Mellon University, the US.
“Our goal is to democratise learning. We believe no matter what age, race, religion, or social class a child comes from, he/she deserves the best teachers that exist. By providing the highest quality information and feedback to parents across the nation, we believe we can help influence important decisions in a positive way and thus bring the best teachers to the children who need them the most,” said Shabnam.
Aarin Capital, founded by Infosys veteran T V Mohandas Pai and Manipal Group's Ranjan Pai in 2011, invests in healthcare, life sciences and technology based products and services businesses pursuing large market opportunities.
Recently, it invested in Bangalore-based Homevista Decor and Furnishing Pvt Ltd. Its other investment includes in the companies like Global Stay Services, Insightra Medical Inc, Vyome Biosciences and Ishita Technologies Pvt Ltd.
(Edited by Joby Puthuparampil Johnson)