Kreedo, an inventive Edtech startup has brought $4 million up in Series A funding round co-directed by Singapore-based Heritas Capital and existing financial backer UBS Optimus Foundation.

The funding round additionally saw interest from other existing financial backers, including Grey Matters Capital, 1Crowd, The ChennaiAngels, The Joka Angel Network and others.

According to Kreedo’s press release, the raised capital in the funding round will be used to expand into new regions in India and enhance its product offerings.

Kreedo, which was co-founded in the year 2012 by Mridula Shridhar & VK Manikandan, works with affordable private schools and preschools to change how early childhood education is taught.

It's interesting 6T learning system is a creative model focused on the Kreedo Action Labs which offers an organized climate for play-based learning.

As per Kreedo, it presently takes care of kids in the age group of 3 to 8 years (Nursery to Grade 2), in accordance with play-based rules recommended in the NEP 2020 for the fundamental phase of learning. The stage offers an exhaustive arrangement that enables and upholds schools to further develop learning results essentially.

Kreedo says that it is taking care of this issue at scale by coordinating play as the essential type of learning in its accomplice schools in the establishment years.

Kreedo also claims that over the past two years it has experienced significant growth, increasing the number of children who benefit from its programs from 55,000 to over 1,40,000, doubling its revenue, expanding its reach from 700 to 1,700 schools/pre-schools, and doubling its reach.

Kreedo expects to expand its item contributions moving upwards to grades 3-5, and upgrade Practico, a computerized home learning platform. In addition, the platform will expand a specialized franchise program for pre-primary teacher training, which will produce a pool of qualified, job-ready teachers for its partner schools and the early education market as a whole.