Nalanda Learning Systems, an edtech startup that operates ‘Little Laureates’ pre-schools across eastern India, plans to use the funds received from Aavishkaar Capital to expand operations nationally, CEO Tamal Mukherjee says.
Kolkata: Edtech startup Nalanda Learning Systems has raised Rs 40 crore from Aavishkaar Capital to expand operations nationally, its chief executive said on Wednesday.
The startup owns the ‘Little Laureates’ brand, under which it runs pre-schools across eastern India.
“We have raised Rs 40 crore from Aavishkaar Capital to fund our drive to expand nationally using digital content,” said Tamal Mukherjee, the CEO of Nalanda Learning Systems. “The pandemic has res ..
According to Mukherjee, Nalanda intends to not only ensure sustained learning and development outcomes for children, but also enable the pre-schooling industry to revive and upskill, and provide comprehensive, contemporary and early learning programmes.
“We are extremely excited to continue partnering with Nalanda as it expands its high-quality pedagogy across India through its digital platform,” Ajay Maniar, partner at Aavishkaar Capital, said. “The Nalanda team has shown great dexterity in reimagining the pre-schooling business and have been able to translate their high-quality pedagogy into a highly impactful business proposition for pre-school owners, teachers and parents,” he said.