Edtech startup Kreedo raised $2.3 million in Pre-Series A led by Switzerland- based UBS Optimus Foundation, Spectrum Impact, Gray Matters Capital and 1Crowd where Innospark Ventures, IIM-CAN and The Chennai Angels also participated.
Kreedo assists K-12 schools with increasing student enrollments and developing curriculum. It also aids in the establishment of new pre-schools and the conversion of day-care centres into preschools. Kreedo will use the funds to expand its operations and form partnerships with schools throughout India. Kreedo collaborates with private schools and preschools to transform the way children learn in their early years. According to the statement, it has collaborated with over 400 schools and over 1500 preschools to date.