WhiteHat Jr helps children of ages six to 14 to build commercial-ready games, animations and apps online using the fundamentals of coding.
Education
technology (ed-tech) start-up WhiteHat Jr on Tuesday announced
raising $10-million Series-A funding from existing investors Nexus
Venture Partners and Omidyar Network India. Owl Ventures, a
Silicon Valley-based ed-tech focused venture capital fund, also
participated in this round.
Founded
by former Discovery Networks CEO Karan Bajaj, WhiteHat Jr helps
children of ages six to 14 to build commercial-ready games,
animations and apps online using the fundamentals of coding. The
company, started in November 2018, had earlier raised $1.3 million in
seed funding from Nexus Venture Partners and Omidyar Network India.
WhiteHat
Jr has developed its coding curriculum, which is centered on product
creation, and imparts lessons via 1:1 interactive online classes. The
proceeds will be used to strengthen its technology platform, expand
the course curriculum and increase consumer awareness.
Over
the past few months, the company claims its online platform has seen
over 150,000 student trials, 500 teachers coming on board, and
students and revenue doubling every month.
Commenting
on the development, CEO Karan Bajaj said, "We want to harness
the natural creativity of kids and shift their mindset from an early
age -- from being consumers to creators of technology."
Anup
Gupta, managing director, Nexus Venture Partners, said, "We are
excited to strengthen our association with WhiteHat
Jr's mission of creating the next generation of innovators and
thinkers."
Amit
A Patel, managing director, Owl Ventures, said, "WhiteHat Jr has
created something that is unique, scalable and very relevant, not
only in India but across other markets."
Namita
Dalmia, principal-investments, Omidyar Network India, added, "We
invested in WhiteHat Jr with an aim of improving cognitive skills and
we are heartened to see the impact of its curriculum on kids through
improvements in creativity, concentration and logical thinking as
well as teachers who are highly educated women tech professionals
returning to the workforce."Business Standard
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