Incubate Fund India

Bengaluru-based WizKlub, a holistic cognitive development ed-tech startup that builds excellence for school children through its HOTS (Higher Order Thinking Skills) and SmartTech programmes, has raised a Seed funding of Rs 7 crore led by Incubate Fund India, with participation from Insitor Impact Asia Fund. This brings the total funds raised by the startup to Rs 9 crore.

WizKlub said it plans to use the fresh capital for product and market expansion.

Founded in February 2018 by serial entrepreneur Amit Bansal, WizKlub’s HOTS and SmartTech programmes aim to develop cognitive skills in children aged 5-15 years through an AI-powered tech platform. The WizKlub HOTS programme develops higher-order thinking skills to ensure that every child is a smart reader and a smart problem solver.

The WizKlub SmartTech programme, a first-of-its-kind for children as young as six years, builds lifelong skills and confidence to create tech products by the application of coding, robotics, smart devices, and AI.

The startup has over 150 centres in Bengaluru, and has progressed over 3,000 children through its programmes.

The company also offers HOTS and SmartTech programmes on a subscription model, and is on track to on-board 10,000+ children over the next few months.

YourStory Article on the investment: https://yourstory.com/2020/01/funding-alert-cognitive-skills-startup-wizklub-incubate-fund-india

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