Hotline: 1800 102 2007
X
Search Business Opportunities
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.

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.

Comment
Related opportunities
  • About Us: Join hands with Iris Florets - the happy play..
    Locations looking for expansion Telangana
    Establishment year 2014
    Franchising Launch Date 2015
    Investment size Rs. 5lac - 10lac
    Space required 2000
    Franchise Outlets -NA-
    Franchise Type Unit, Multiunit
    Headquater Hyderabad Telangana
  • About Us  woodee pizza is a revolutionary vision of 2 young..
    Locations looking for expansion Delhi
    Establishment year 2016
    Franchising Launch Date 2018
    Investment size Rs. 10lac - 20lac
    Space required 300
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater New delhi Delhi
  • Quick Service Restaurants
    MR & MRS IDLY - a QSR business model for..
    Locations looking for expansion Tamil Nadu
    Establishment year 2007
    Franchising Launch Date 2008
    Investment size Rs. 5lac - 10lac
    Space required 100
    Franchise Outlets -NA-
    Franchise Type Unit, Multiunit
    Headquater Chennai Tamil Nadu
  • Quick Service Restaurants
    About Us: Ghungroo seth Vada Pav Co. - a growing venture..
    Locations looking for expansion rajasthan
    Establishment year 2017
    Franchising Launch Date 2017
    Investment size Rs. 5lac - 10lac
    Space required 100
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater jaipur rajasthan
Insta-Subscribe to
The Franchising World
Magazine
For hassle free instant subscription, just give your number and email id and our customer care agent will get in touch with you
OR Click here to Subscribe Online
Daily Updates
Submit your email address to receive the latest updates on news & host of opportunities