3one4 Capital exits edtech startup Toddle with 6.6x return

Venture Capital (VC) firm 3one4 Capital has exited Bengaluru-based edtech startup Toddle with a 6.6 times return on its investment. 3one4 Capital invested around USD 200,000-250,000 in Toddle's seed funding round in 2020. It announced its exit days after the startup bagged USD 17 million in its Series A funding round led by Sequoia Capital India. The funding round, which took place earlier this month, also saw participation from Tenacity Ventures, Trifecta Capital, and other existing investors including Matrix Partners, Beenext, and Better Capital. Founded in 2019 by Deepanshu Arora, Gautam Arora, Nikhil Poonawala, Misbah Jafary, and Parita Parekh, Toddle is an education-focused SaaS platform. The startup claims to offer services to over 40,000 educators at more than 1,500 schools across 100 countries.