Hotline: 1800 102 2007
Hotline: 1800 102 2007
Dec, 20 2017

Child Learning Startup Flintobox Bags $7mn Fund

The Chennai-based startup will use the funds to enhance market share and venture into other markets

Child Learning Startup Flintobox Bags $7mn Fund

Flintobox, a startup offering activity-based learning kits for children, has raised $7 million (about Rs 45 crore) in a Series A round led by venture capital firm Lightbox.

Existing investors also put in money, without disclosing names. Some media reports, however, said that Globevestor, Ashwin Chadha, Asian E-Commerce Alliance and Mauj Mobile participated in the funding round.

The Chennai-based startup will use the funds to enhance market share and venture into other markets.

Flinto Learning Solutions Pvt. Ltd, which runs Flintobox, was founded in September 2013 by Arunprasad Durairaj, Vijay Babu Gandhi and Shreenidhi Srirangam. It focusses on children’s learning and development at home and preschool through Flintobox and FlintoClass, respectively.

Flintobox is a subscription service delivering theme-based monthly activity box for 2-12-year olds. The boxes, which come with games and activities, take a new theme every month and are crafted by child development experts, child psychologists, and montessori experts.

FlintoClass offers curriculum and lesson plans, assessment materials, teacher training resources, parent communication app, and other operational support to preschools. Its curriculum is currently available for nursery, pre-KG, LKG and UKG.

Durairaj said “Today, we have more than 4 lakh customers for Flintobox in over 700 cities and towns in the country.  We’re expanding into the mostly unorganised and fragmented preschool market. The company claims that it has turned profitable, and is on target to achieve a revenue of Rs 40 crore this year. By the same time next year, we aim to reach 1,000 preschools. We’re also aspiring towards global expansion.

Flintobox, which was incubated at Gurgaon-based GSF Accelerator, has raised multiple rounds of angel funding from investors including Global Super Angels Forum, People Group’s Anupam Mittal, GSF India founder Rajesh Sawhney, Madison India Capital Advisors Pvt. Ltd., and Globevestor.

sharebtn
Comment
user
email
mobile
address
star
Related opportunities
  • Quick Service Restaurants
    About Us: Line – A box of truly, madly, deeply amazing..
    Locations looking for expansion Gujarat
    Establishment year 2019
    Franchising Launch Date 2019
    Investment size Rs. 20lac - 30lac
    Space required 1500
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Ahmedabad Gujarat
  • Fine Dine Restaurants
    About Us: Suez is a canal that began as a means..
    Locations looking for expansion Haryana
    Establishment year 2019
    Franchising Launch Date 2019
    Investment size Rs. 5 Cr. above
    Space required 4000
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Ambala Haryana
  • Preschools
    About Us: Trio Tots is an emerging chain of preschools nurturing..
    Locations looking for expansion Karnataka
    Establishment year 2008
    Franchising Launch Date 2020
    Investment size Rs. 20lac - 30lac
    Space required 2400
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Bangalore Karnataka
  • Healthcare Products
    About Us:  1mg is India’s leading consumer health platform that aims..
    Locations looking for expansion Haryana
    Establishment year 2012
    Franchising Launch Date 2018
    Investment size Rs. 10000 - 50000
    Space required -NA-
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Gurugram Haryana
Insta-Subscribe to
Entrepreneur
Magazine
sme-80x109
For hassle free instant subscription, just give your number and email id and our customer care agent will get in touch with you
email
mobile
OR Click here to Subscribe Online
Daily Updates
Submit your email address to receive the latest updates on news & host of opportunities