VC Fund Investments

Kids' English-learning startup Freadom raises $2.5-M from Capital A, others

Financial Express  

Gurugaram-based Edtech startup Freadom has raised USD 2.5 million led by Capital A and angel investors such as Tiger Shroff, Ashneer Grover (founder, BharatPe), Lalit Agarwal (founder, VMart Retail), and Aakash Moondhara (global CFO, PayU), among others. In addition, existing investors including Unreasonable Capital, Quantiphi founding team, and Singapore Angels group, also participated in the round. The company will use the funds to invest in product, distribution and further strengthen vertical presence across stakeholders for English as a second language. Freadom helps children learn to read in English in any country where it is an aspirational second language. The company aims to reach 50 million users worldwide by 2023.

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