Educational technology platform Kyt raised $5 mn in a Series A funding round led by Alpha Wave Incubation (AWI), Sequoia Capital India’s Surge, January Capital, Titan Capital and other angel investors also participated. Kyt claims to be the first Indian company to receive investment from Singapore-based January Capital. The fresh funds to be used for deeper investment in technology and product, to enhance the overall experience of the students and to accelerate global expansion.
Kyt runs online-only extracurricular courses by combining live classes with video based revision materials for children from ages 5 to 15 years, in a full stack model. With flexible private and small group sessions, the company offers courses across disciplines such as yoga, dance, music, chess, etc., to students around the world. The company is looking to scale its footprint to the US, Canada, UK and Australia.