Hotline: 1800 102 2007
Hotline: 1800 102 2007
Aug, 01 2018

Flinto raises Rs.60 mn to drive expansion

Flinto is planning to expand its domestic presence, as well as vneture into international markets such as Southeast Asia and the Middle East.

Flinto raises Rs.60 mn to drive expansion

Educational start-up Flinto Learning Solutions Private Limited, aimed at activity-based learning for kids, has bagged Rs. 60 million from venture debt firm, InnoVen Capital and specialty lending firm.

Flinto is planning to expand its domestic presence, as well as venture into international markets such as Southeast Asia and the Middle East.

InnoVen Capital, is directing its investments aims to strengthen its focus on the burgeoning education sector, particularly the emerging early education segment.

The company's flagship activity box - Flintobox- has seen rapid growth since its inception in 2013. It is currently present in over 700 cities and caters to children in the age group of 2-12 years. The company recently expanded into the unorganised pre-school segment through its enterprise offering, 'FlintoClass', which provides everything needed to run a preschool.

"Having built a subscription business on solid unit economics that gives us optimal cash flow, debt investment makes a huge impact in scaling business rapidly. We're excited to partner with InnoVen for its aspiration and capability to support entrepreneurs to build large businesses in India and abroad," said Arunprasad Durairaj, CEO and Co-founder at Flintobox.

In the past, Flinto Learning Solutions had secured equity capital of USD 8.6 million from various investors such as Lightbox, Globevestor, and Ashwin Chadha, a venture capitalist.

sharebtn
Comment
user
email
mobile
address
star
Related opportunities
  • About Us: Gem Selections is a trusted & reliable provider of..
    Locations looking for expansion Delhi
    Establishment year 1987
    Franchising Launch Date 2019
    Investment size Rs. 10lac - 20lac
    Space required 80
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater New Delhi Delhi
  • About Us: Max Lab, your partner in prosperity! We aim at achieving..
    Locations looking for expansion Haryana
    Establishment year 2016
    Franchising Launch Date 2016
    Investment size Rs. 50000 - 2lac
    Space required 150
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Gurgaon Haryana
  • Plumbing, Sanitary Ware And Bathroom Fittings
    About Us: Swachhpro was founded in March 2017 in Louisville, Kentucky,..
    Locations looking for expansion Karnataka
    Establishment year 2017
    Franchising Launch Date 2020
    Investment size Rs. 10000 - 50000
    Space required -NA-
    Franchise Outlets -NA-
    Franchise Type -NA-
    Headquater Bengaluru Karnataka
  • Others Food Service
    Royalty Charges:- 0% Life Time Format Investment Brand Fee Space Prof..
    Locations looking for expansion Chandigarh
    Establishment year 2009
    Franchising Launch Date 2013
    Investment size Rs. 10lac - 20lac
    Space required 300
    Franchise Outlets -NA-
    Franchise Type Unit, Multiunit
    Headquater Chandigarh Chandigarh
Daily Updates
Submit your email address to receive the latest updates on news & host of opportunities