Aakash Chaudhry’s Sparkl Edventure Secures $4M in Seed Funding from Zomato and Zerodha Investors

Aakash Chaudhry, a prominent figure in India’s education sector, has successfully raised $4 million in seed funding for his latest venture, Sparkl Edventure. The investment comes from two of India’s leading tech entrepreneurs, Deepinder Goyal of Zomato and Nithin Kamath of Zerodha, along with Kamath’s Rainmatter fund, which focuses on fintech and sustainability.

Sparkl Edventure, which Chaudhry co-founded with Pavan Chauhan and Ritesh Hemrajani (former founders of Meritnation.com), aims to offer personalized, one-on-one online tutoring for students in grades 6 to 12. The platform will primarily focus on International Baccalaureate (IB) and Cambridge curricula, providing specialized tutoring in subjects like mathematics, science, languages, and business studies.

Incorporating cutting-edge technology, Sparkl aims to enhance the learning experience for students across India and Singapore, with plans for future global expansion. The platform also introduces a unique approach to education by integrating mental health and well-being into its curriculum, addressing stress, peer pressure, and emotional challenges faced by students today.

This funding round will allow Sparkl to further accelerate its growth and improve its tech-driven educational solutions. Despite his previous involvement with Aakash Educational Services Ltd (AESL), which was sold to Byju’s in a $950 million deal in 2020, Chaudhry retains an 11% stake in AESL and continues to drive innovation in the edtech space with Sparkl. The new venture distinguishes itself from AESL’s offline test prep model by offering a fully digital platform, catering to international curricula students and those aspiring to study abroad.

Chaudhry’s ambition is clear: to revolutionize personalized education while addressing the critical aspects of student well-being. As the edtech landscape in India and globally becomes increasingly competitive, Sparkl is positioned to carve out a unique niche by combining academic excellence with holistic student support.

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