Private Equity Angel Investments
Playto Labs raises Rs.4-Cr led by Inflection Point Ventures
Source Mint (opens in a new tab)
Bangalore-based education startup Playto Labs has raised over INR 4 crore led by Inflection Point Ventures. The funds raised will be used in building a team and expanding its customer base. The round also saw participation from partners of upcoming fund Disruptors Capital, including Raj Snehil Juneja (chief investment officer); Krishna Kumar (founder, Simplilearn); Kunal Walia (founder, Simpliwork); Shashwat Kumar (managing partner, Khetal Advisors); and entrepreneurs including Tonmoy Shingal and Ketan Kapoor (founders, Mettl); Sachin Sharma (founder, Townscript); Rajesh Razdan (founder, Devtron Labs); Kuldeep Dhankar (SVP, CleverTap).
Playto Labs has a combination of hardware toys and online one-on-one sessions with teachers who act as facilitators. Their pedagogy makes students feel like they are playing (vs studying) and helps them become creative and innovative problem solvers.