Edtech startup PlanetSpark raises $13.5 M from Prime Venture Partners, others
Gurugram-based edtech startup PlanetSpark has raised USD 13.5 million in a Series B funding round led by Prime Venture Partners and angel investors such as Binny Bansal, Deep Kalra, Ashish Gupta, Gokul Rajaram and Shirish Nadkarni. It will use the funds for product development, hiring senior leadership and for global expansion. Founded in 2017, PlanetSpark is a platform that aims to help children become better communicators. It offers one-to-one classes in public speaking and creative writing for children aged four to 16 years.
From the Venture Intelligence PE-VC Deal Database: Between Feb-20 and Feb-21, Planetspark raised $3.3 M from Prime Venture Partners, IAN Fund, and others. (Subscribers to the database can login to view the valuation, deal structuring and other transaction details.)
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