After raising funds from Bill Gates and others last month, Unitus Seed Fund has now made seed round investment in New Delhi-based Cue Learn Pvt. Ltd. and Bangalore’s Curiositi, in order to extend its education portfolio. Both the companies are focused on innovating learning processes with technology.
As per a YourStory report, Cue Learn will use the raised funds to expand operations to multiple states across India and to introduce additional offerings to its product line.
Launched in 2013 by Manan Khurma and Jagjit Khurma, Cue Learn provides after-school learning programs for Math and English by using a combination of paper-based worksheets and technology-based interactive learning. It has more than 25 learning centers operating after only 12 months of operations.
Curiositi was started in July 2013, as a venture of Vinod Abraham and Manoj Thandassery. It is a learning start-up which partners with schools to transform their science curriculum into an activity-based experience. Curiositi’s portfolio include more than 80 science activity kits that helps students to explore activities related to the topic they are currently studying. The start-up began marketing its program in January 2014 and since then it had tied up with with 26 schools across 6 locations.
Unitus Seed Fund, is a financial service group, that majorly invests in ‘Base of the Pyramid’ focused startups and in multiple emerging markets. It is part of the Unitus Group and has offices in Bangalore and Seattle. Recently, it had invested in Bangalore-based Blowhorn, an online marketplace for last mile logistics.
The fund had also invested in other Bangalore-based start-up Jiffstore, which offers mobile commerce and customer engagement solutions to retailers and mGaadi, a m-commerce solution for ordering auto rickshaws. It is present in 8 cities in India.
Image Source: e-learning studios