Supernova was started by Anirudh, Nawin, and Maharishi in 2021. Targeted towards kids aged 4-12, the edtech firm aims to redefine the current passive forms of learning by making learning more engaging and fun.
Supernova, an Indian ed-tech startup, on Thursday said it had raised $1.1 million in a pre-seed funding round that was led by Lumikai, an Indian gaming, and interactive media venture capitalist. The funding comes at a time when Indian startups funding has hit a two-year low at $2.7 billion in Q3, according to PwC report Startup Deals Tracker-Q3 CY22.
Supernova was started by Anirudh, Nawin, and Maharishi in 2021. Targeted towards kids aged 4-12, the edtech firm aims to redefine the current passive forms of learning by making learning more engaging and fun. Supernova makes live quizzes in interactive gaming formats on various subjects of CBSE for students from class 1 to class 8. Live quizzes, “Byte-Sized” lessons, and worksheets on CBSE topics can be accessed on Supernova.
The online education market, which includes K12, higher education, and lifelong learning or upskilling in India is presently worth around $1.9 billion. With the amount raised, Supernova will further develop and scale the product to incorporate multiplayer formats, strengthen its leadership team and deploy strategies that will amplify product lead user acquisition over the next 18 months.
”Traditional edtech models characterized by high customer acquisition costs, prohibitively expensive courses, and poor learning outcomes are unsustainable,” Sunitha Viswanathan, Partner, Kae Capital said.
Writer-: Ayush Singh
