Debt financing
Enabler for setting up pre-schools Kreedo secures Rs.10-Cr from Recur Club
Bengaluru-based edtech platform Kreedo Early Childhood Solutions has secured INR 10 crore in debt from Recur Club. The proceeds will be used for fuelling growth and expansion plans, enhancing product offerings and scaling operations across India.Founded in 2012 by Mridula Shridhar and Manikandan Krishnan, Kreedo provides a non-franchise solution for pre-schools and schools, helping individuals and organizations set up and run high quality pre-schools.
Between Jan 21 and Feb 24, Kreedo had raised about USD 6.30 M from Gray Matters Capital, Heritas Capital, Innospark Ventures and others.
Want to receive such news items in your inbox? Click Here to sign up for a trial.
