November 5, 2020

Brand specific

Edtech startup Stones2Milestones raises ₹19 croreedit

Inshorts – Online Web

Gurugram-based education technology firm Stones2Milestones has raised around ₹19 crore in a bridge funding round led by existing investor Unreasonable Capital and Goldhrish Foundation. Founded in 2008 by Kavish Gadia and Nikhil Saraf, Stones2Milestones had raised approximately ₹4.5 crore before the current funding. The startup operates Freadom, an English learning platform aimed at 3-12 year olds.

Edtech startup Stones2Milestones bags $2.5 Mn funding, Eyes international forayedit

Shortpedia – Online Web

Gurugram-based edtech startup Stones2Milestones looks to tap this opportunity through its Wing of Words program and Freadom application. Stones2Milestones has raised $2.5 Mn led by Unreasonable, and its LP Goldhirsh Foundation. The round saw participation from a Singapore-based investment banker along with a few lawyers and three angel platforms AngelList US Syndicate, LetsVenture and FaaD Network.

Stones2milestones Raises Rs 19 Crore Bridge Funding Led by Unreasonable Capitaledit

News18, Shafqana, Top News Today–  Online Web

Education technology firm Stones2milestones, which owns and operates Freadom, on Wednesday said it has raised around Rs 19 crore in a bridge funding round led by existing investor Unreasonable Capital and its limited partner Goldhrish Foundation. An investment banker from Singapore along with a few marquee lawyers led the angel investment share in this round along with three angel platforms — AngelList US syndicate, LetsVenture and Faad Network, the company said.

Freadom is a comprehensive learning platform for children aged 3-10 to strengthen their English reading, speaking and conversation skills.

India’s first full-stack English learning platform fREADom closes $2.5 mn through Bridge funding roundedit

India Education DiaryHTsyndication – Online Web

Stones2Milestones’s fREADom, India’s first comprehensive English learning platform today announced the closing of Bridge funding of USD 2.5 Million. The round was led by Unreasonable, and its LP Goldhirsh Foundation. A leading Investment Banker from Singapore along with a few marquee lawyers led the angel investment share in this round along with three angel platforms AngelList US syndicate, LetsVenture and FaaD Network. The company’s current investor, Unreasonable Capital from the US were the first ones to put in their capital right after lockdown for acceleration. Several other institutions are participating in the Company in the past financing rounds including Menterra Ventures, Caspian Impact, GodSpeed Ventures, Astir Ventures to name a few.

English learning platform Freadom raises $2.5 mn, to help more students readedit

Live Mint – Online Web

Edtech startup Stones2Milestones has raised $2.5 million in a bridge funding round. The round was led by US-based Unreasonable Capital and its LP Goldhirsh Foundation. A leading investment banker from Singapore, along with a few lawyers, led the angel investment share in this round along with three angel platforms AngelList US syndicate, LetsVenture and FaaD Network.

Stones2Milestones Closes $2.5m Bridge-funding Roundedit

The Economic Times – Bangalore, Hyderabad, Mumbai, Chennai, Kolkata

Educational technology startup Stones2Milestones, the developer of online English learning platform fREADom, has closed bridge funding of $2.5 million, led by current investor Unreasonable Capital, and its Limited Partner, Goldhirsh Foundation. Angel investors including a leading investment banker from Singapore and a few marquee lawyers, along with three angel platforms – AngelList US syndicate, LetsVenture and FaaD Network – also invested in the round.

fREADom for the young tots The Indian app that’s encouraging children to improve their reading and comprehension skillsedit

The Telegraph– Online Web, The Telegraph – Kolkata

I wasn’t a reader in my early years in Siliguri. In lower primary, I was a ‘backbencher’, and at the bottom of my class. Even though I was also a very unhealthy child, my interest was in sports and games. At school, and at home, I was either playing something or watching sports. I found books useful only for book cricket. My maternal grandparents, who stayed in Jhunjhunu, Rajasthan, were very keen for me to stay with them. They had been parents to girls, and were eager to parent a boy. So, once my health improved, I moved to Jhunjhunu. My grandfather was a great storyteller and a voracious reader. ...

Edtech Startup Stones2Milestones Bags $2.5 Mn Funding, Eyes International Forayedit

INC 42 – Online Web

Founder Kavish Gadia says the company is eyeing to enter the international market by January 2021

Freadom app, which was available for INR 1300 was made free due to the lockdown, which resulted in the number of users spiking to 1.75 lakh from just 12,000

In the current financial year, the company has earned INR 4.7 Cr till September and on monthly basis, it is clocking revenue of INR 1 Cr

Edtech Startup Stones2Milestones Bags $2.5 Mn Funding To Leverage Its Tech Playedit

Daily Hunt, Just Dial  HT Syndicate – Online Web

Founder Kavish Gadia says the company is eyeing to enter the international market by January 2021

Freadom app, which was available for INR 1300 was made free due to the lockdown, which resulted in the number of users spiking to 1.75 lakh from just 12,000

In the current financial year, the company has earned INR 4.7 Cr till September and on monthly basis, it is clocking revenue of INR 1 Cr

Stones2milestones raises Rs 19 cr bridge funding led by Unreasonable Capitaledit

Outlook India, India News, Finance, Your Story, Devdis CourseLatest LY , Vccircle– Online Web

Education technology firm Stones2milestones, which owns and operates Freadom, on Wednesday, said it has raised around Rs 19 crore in a bridge funding round led by existing investor Unreasonable Capital and its limited partner Goldhrish Foundation.

 

 

 

Competition

UPSC, JEENEET, robotics you can study for almost everything online in India nowedit

The Print – Online Web

In a press statement released in June, BYJUs, which caters to tutoring across different levels, quoted an April 2020 report by market intelligence firm Sensor Tower to claim it was one of the 10 most downloaded education apps in the world during the lockdown.

Top 5 platforms to help kids learn coding at homeedit

India Today -Online Web

Whitehat Jr. Founded in 2018, WhiteHat Jr is an edtech platform that teaches students coding through oneonone video classes with instructors. WhiteHat Jr offers AI courses for children aged six to 14 years.

Improve Your Concentration With NCERT Based Solutionedit

English Sakshi – Online Web

Many sites help students to learn like Byjus and more but one among them is Vedantu that offers students to learn live from the best teachers around the world and understand every concept from basic.

Byjus Jobs: Applications for BDA are invited; Salary upto 10 lakhsedit

CIOL – Online Web

Byjus is looking for passionate fresh graduates to apply for the role of a Business Development Associate. This is an individual contributor role in an employee-oriented, high-performance environment.

Amazon India forays into edtech with Amazon Academyedit

Money Control – Online Web

To this effect, most edtech startups have reported manifold growth in users and revenue, and have raised money at successively higher valuations in just a few months. Byjus, the largest player in the space is currently valued at $11 billion compared to $5 billion at the beginning of the year, while Unacademy has tripled its valuation to $1.45 billion in the last six months.

[Jobs Roundup] Ride the edtech unicorn with these openings at Unacademyedit

Your Story – Online Web

Bengaluru-based Unacademy entered the unicorn club this year with the pandemic providing necessary tailwinds for edtech startups to grow. Founded by Gaurav Munjal, Roman Saini, and Hemesh Singh in 2015, Unacademy is today, one of the largest edtech players in the country.

Industry

What demonetisation did to fintech, COVID19 has done to edtechedit

Afaqs– Online Web

Says our guest author, as she tells us why striving for less will help us solve (things) better Were no longer working from home, but rather living at work, someone quipped on the Internet Considering the constant struggle to get done with an ever increasing todo list, it almost rings true Considering the constant struggle to get done with an ever increasing todo list, it almost rings true(Edtech)

Lattu Kids announces seed funding from Mumbai Angels Apps Newsedit

Gadgets Now – Online Web

This follows Airtel picking up a strategic stake in Lattu Kids in June 2020 as part of the Airtel Startup Accelerator Program Lattu Kids specializes in digital learning tools for children Its popular Lattu Kids app focuses on improving English vocabulary, English reading and Maths foundation skills for children under the age of 10 years through entertaining, fun learning animated videos and games

FamPay, India’s first neo-bank for teenagers is set to launch the biggest DigiFest FamJam Edexliveedit

Edex Live – Online Web

We realize that the year 2020 has been too harsh on everyone, especially teenagers who used to have a host of extracurricular activities conducted within schools or a range of Interschool competitions to participate in. Teens still continue to study and engage in tuitions through online classes and EdTech apps, and now with FamJam, they can close the year with some exciting extracurricular competitions.

An app to make elearning easieredit

The New Indian Express – Online Web

With the emergence of various virtual learning management systems, education is no longer confined to classrooms or online class sessions. Gachibowli based company, mPowerO, connects teachers and students through a platform in order to provide seamless learning. Through their app, a teacher can create and upload content, track the progress of students and grade exams.

Innovate or perish how companies must harness these six strategic technologiesedit

Your Story – Online Web

Unfortunately, education is still too costly and inaccessible for many people in the world. Online education via players like Khan Academy, Coursera, Knewton, and Udacity can help here.

 

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