Startup Funding Alert: PiggyRide bags Rs 14 crore funding led by JAFCO Asia - ETtech

#fundingalert #startupfunding #startups #mobility #kids #children

PiggyRide, which offers cab services for kids, has raised Rs 14 crore in pre-Series A investment from JAFCO Asia, along with a new investor Artha Venture Fund.

The startup runs three products including PiggyDiscovery, which offers parents and kids a platform to browse and book extracurricular interest-based activities. It also operates an education financing marketplace, PiggyFinance that assists parents with lesser disposable income to pay off school fees in instalments.

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PiggyRide bags Rs 14 crore funding led by JAFCO Asia - ETtech

PiggyRide, which offers cab services for kids, has raised Rs 14 crore in pre-Series A investment from JAFCO Asia, along with a new investor Artha Venture Fund. The startup runs three products including PiggyDiscovery, which offers parents and kids a platform to browse and book extracurricular interest-based activities.

Startup Funding Alert: Artha Venture Fund Announces New Investment Of Rs 3.50 Crore In Piggy Ride

#startups #startupfunding #fundingalert #kidsmobility #mobility #education #schools

Artha Venture Fund (AVF), India's first early-stage micro-VC fund, has invested Rs 3.50 crore in a Pre-Series A funding round in PiggyRide, an easy to use hassle-free service for the parents of kids between 2-18 years of age. PiggyRide, co-founded by Manish Tewari and Rohan Kaushal in 2019, leverages technology and AI/ML tool to provide mobility solutions for schools and children. It offers tuition fee financing, which allows parents to pay school fees through easy EMIs. They are also building a discovery platform for kids, developing after school activities and hobbies.

Apart from PiggyRide’s 16-point certification process, there are varied safety features in all the vehicles such as GPS trackers, cameras to provide live video surveillance to parents, panic buttons, and car immobilizers to alert the PiggyRide team, and much more. Each driver is assigned a "PiggyRide Score", which serves as a performance benchmark, and a deduction of 50 points on each policy violation. A driver is removed from the platform if the score falls below 600.

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Artha Venture Fund Announces New Investment Of Rs 3.50 Crore In Piggy Ride

Artha Venture Fund (AVF), India's first early-stage micro-VC fund, has invested Rs 3.50 crore in a Pre-Series A funding round in Piggy Ride, an easy to use hassle-free service for the parents of kids between 2-18 years of age. Piggy Ride leverages technology and AI/ML tool to provide mobility solutions for schools and children.

Startup Funding Alert: Flinto Raises 7.2 Million In Pre Series B Funding

#edtech #fundingalert #startupfunding #kids

Flinto Learning Solutions, the market leader in Early Childhood Education in India, has raised $7.2 million in Pre-Series B funding, led by Lightbox Ventures. Flinto will be using this fresh flow of capital to support its rapid growth in the early learning space and to expand its newly-launched preschool solution during the COVID-19 pandemic -- Flintoclass@HOME.

This preschool model is set to become a game-changer amid the turbulent COVID-19 environment as it delivers hybrid preschool education to the doorstep, allowing children to learn from the safety of their homes. Founded in September 2013 by 3 fathers - Arunprasad Durairaj, Vijay Babu Gandhi and Shreenidhi Srirangam, Flinto is built on a mission to change the way children across the world learn and play.

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Flinto Raises 7.2 Million In Pre Series B Funding

Flinto will be using this fresh flow of capital to support its rapid growth in the early learning space and to expand its newly-launched preschool solution during the COVID-19 pandemic -- Flintoclass@HOME. Flinto Learning Solutions, the market leader in Early Childhood Education in India, has raised $7.2 million in Pre-Series B funding, led by Lightbox Ventures.

Airtel acquires 10% stake in Indian edtech startup Lattu Media, also known as Lattu Kids

Bharti Airtel has acquired a 10% stake in #Edtech #startup, Lattu Media Pvt Ltd. for an undisclosed sum as part of the telco’s startup accelerator program, even as the Sunil Mittal-led telco ramps up 4G operations and expands its growing digital content partnerships to prise open new revenue streams.

Mumbai-based Lattu specialises in digital learning tools for children. The app focuses on improving English vocabulary, English reading and Maths skills for children under the age of 10 years through entertaining, fun learning animated videos and games. It is the fourth company to join the airtel Startup Accelerator Program that allows start-ups to leverage airtel’s robust ecosystem.

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Airtel acquires 10% stake in edu-tech start up Lattu Media

Bharti Airtel has acquired a 10% stake in Edtech startup, Lattu Media Pvt Ltd for an undisclosed sum as part of the telco's startup accelerator program, even as the Sunil Mittal-led telco ramps up 4G operations and expands its growing digital content partnerships to prise open new revenue streams. The investment is expected to enable Airtel to add Edtech to its premium digital content portfolio and give distribution scale to quality learning material from Lattu Media, which operates under the Lattu Kids brand-banner.

RBC Backed startup Mydoh launches banking offering for kids

Launched more than two weeks ago in Canada, the initial offering of Mydoh lets parents sign up and invite their kids who get a virtual smart card which can be pushed to a digital wallet such as Apple Pay.

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RBC-backed start-up Mydoh launches banking offering for kids - FinTech Futures

Mydoh, a start-up wholly owned by Canada's largest bank RBC, has launched a banking offering for kids aged 8-18.