Start-up Edutech Udayy announced that it had raised $ 2.5 million as part of the funding round led by Alpha Wave Incubation (AWI) and InfoEdge Ventures.
Better Capital, Kunal Shah and other angels also participated in the seed capital round, according to a statement.
Founded by Saumya Yadav, Mahak Garg, and Karan Varshney, Udayy is a live learning platform that teaches math and English to children ages 6-11. The company launched its first round of financing for Engel in June 2019.
The company recently launched a free app that provides daily worksheets for kids.
“Primary grades are years of education for children. An outdated educational system fails because of Indian parents and children.
“Udayy makes learning fun and engages with children by bringing the method of learning into our classrooms through games, role-playing games and activities,” said Saumya Yadav, Co-Founder and CEO of Udayy.
AWI Managing Director Anirudh Singh said that after-school education in the youngest age group was an untapped market in India.
“Udayy is on the way to disrupting the space with his experiential learning model that uses technology-based gamification as the primary driver of learning outcomes,” he added.
Singh said the team had demonstrated a deep understanding of the market and the ability to iterate quickly. “We are pleased to be the company’s first institutional investors.”