VC Fund Investments
Educational games firm Skillmatics raises $6-M led by Sequoia Capital India
Skillmatics, a Mumbai-headquartered full-stack direct-to-consumer brand for educational products and games for children, has raised USD 6 million in Series A funding led by Sequoia Capital India. The round also includes participation from Jalaj Dani Family Office and existing angel investors. The funds raised will be used to strengthen Skillmatics' presence in the US across online and offline retail, hire across product design, data analytics, technology, and marketing roles, as well as expand product offerings to target newer age groups and enter new product categories. Skillmatics caters to new-age parents who want to provide their children with meaningful play experiences that build formative skills. Part of Surge's first cohort in 2019, Skillmatics has raised a total of USD 8 million till date.
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