Edtech startup Nalanda Learning Systems raised Rs 40 crore from Aavishkaar Capital to expand operations in the country. The startup owns the ‘Little Laureates’ brand, under which it runs pre-schools across eastern India.
“We have raised Rs 40 crore from Aavishkaar Capital to fund our drive to expand nationally using digital content,” said Tamal Mukherjee, the CEO of Nalanda Learning Systems. “The pandemic has reshaped the education market. While it has accelerated the adoption of education technologies, the benefits have been limited to a small section of the society.”

According to Mukherjee, Nalanda not only intends to ensure comfortable learning and development outcomes for children but also wants to enable the pre-schooling industry to revive and upskill and provide comprehensive, contemporary, and early learning programs.

“We are extremely excited to continue partnering with Nalanda as it expands its high-quality pedagogy across India through its digital platform,” Ajay Maniar, partner at Aavishkaar Capital, said. “The Nalanda team has shown great dexterity in reimagining the pre-schooling business and have been able to translate their high-quality pedagogy into a highly impactful business proposition for pre-school owners, teachers, and parents,” he added.