The demand for B2C K-12 online startup services in India has seen a decline post-pandemic and B2B edtech has also witnessed its share as schools are opting for more innovative mediums.
Toddle, Edtech Saas startup has secured $17 million in its latest Series A spearheaded by Sequoia Capital India. Other participating financiers were preexisting investors Matrix Partners, Better Capital, Beenext and new investors Tenacity Ventures and Trifecta Capital.
The demand for B2C K-12 online startup services in India has seen a decline post-pandemic and B2B edtech has also witnessed its share as schools are opting for more innovative mediums.
The co-founder and Chief executive officer of Toddle Deepanshu Arora, identified product development and promotion of the company’s growth initiative as the major areas where the secured funds will be channeled into.
“So far, we have focused on content, design, and community initiatives. Going forward, we intend to double down on that as well as start experimenting with go-to-market efforts,” Arora explained in a virtual interaction with Moneycontrol.
According to Arora, the next four to five months will see Todddle add between 70 to 80 personnel to its employee roster.
“Few senior roles are critical for us like a VP (vice president) of marketing, VP of sales, Head of people, to build a leadership team,” he explained. Toddle’s post funding valuation however remains undisclosed.
A team of educators namely Deepanshu Arora, Gautam Arora, Misbah Jafary, Nikhil Poonawala, and Parita Parekh founded Toddle as an edtech SaaS startup in 2019.
Arora described the company’s direction thus; “We are really focused on the absolute top echelons of the school ecosystem and therefore, we feel, this is an all-weather business.”
Toddle debuted with a teaching and learning platform adopted by indie schools offering Internal Baccalaureate and other progressive curricula.
As originally reported in
