This website stores cookies on your computer. These cookies are used to improve your website experience and provide more personalized services to you, both on this website and through other media.
Accept
EdTechReviewEdTechReview
  • News
  • Trends
  • Insight
  • eLearning
  • Research
  • Dictionary
  • EdTech Voices
  • More
    • Data & Statistics
    • Reviews
    • AWS for Education
    • Events

    Resources

    • Infographics
    • Reports & Case Studies
    • Videos
    • Books
    • Webinar

    Needs

    • 1:1 Learning
    • 21st Century Education
    • 21st Century Leadership
    • 21st Century Learning
    • 21st Century Teaching
    • 3D Printing
    • More Tags

    For

    • Students
    • Teachers/Educators
    • Administrators
    • Entrepreneurs/Startups
    • Govt. Officials/Policymakers
    • Parents
Explore
Search
Contribute
  • Submit A Post
  • EdTech Trainers and Consultants
  • Your Campus EdTech
  • Your EdTech Product
  • Your Feedback
  • Your Love for Us
  • EdTech Product Reviews
ETR Resources
  • About
  • Mission/Vision
  • Team
  • Services
  • Testimonials
  • Authors
  • Sponsor
  • Partner
  • Advertise
  • Our Clients
  • Media Kit
  • Press Release
  • FAQ’S
Reading: STEM-based Learning Platform Tinkerly Raises INR 6.5Cr Led by Navneet Tech Ventures
Aa
EdTechReviewEdTechReview
Aa
Search
  • News
  • Trends
  • Insight
  • eLearning
  • Reviews
  • Dictionary
  • EdTech Voices
  • Data & Statistics
  • Research
  • AWS for Education
  • Events
  • EdTech Voices
  • Tags
  • About
  • FAQ’S
  • Our Clients
  • Partner
Follow US
Home > News > STEM-based Learning Platform Tinkerly Raises INR 6.5Cr Led by Navneet Tech Ventures
News

STEM-based Learning Platform Tinkerly Raises INR 6.5Cr Led by Navneet Tech Ventures

Shalini Pathak Published Sep 15, 2021
Share
5 Min Read
Tinkerly funding
STEM-based Learning Platform Tinkerly Raises INR6.5Cr Led by Navneet Tech Ventures
SHARE

Tinkerly, an online platform that provides STEM-based learning resources for kids, has raised INR 6.5 crore in a round led by Navneet Tech Ventures, a wholly-owned subsidiary of Indian publication and content provider Navneet Education Limited (NEL).

AdvertisementWhy this Ad?
AdvertisementWhy this Ad?

The round also witnessed additional participation from the existing investors SucSEED Angel Network, Keiretsu Forum, Divyashish Jindal (Head of Academics at Doubtnut), Chand Das (Former CEO of ITC Education), Saurabh Aggarwal (Co-founder Fitso, Acquired by Zomato), Marwari Catalysts, and others.

With the latest round of investment, the total funding raised by the startup has reached INR 10 crore.

Tinkerly is a STEM learning online-offline solutions provider that enables building technical skills and job-related skills for the future. It provides two modules [B2B] helping schools to set up STEM/Tinkering Labs and [B2C] enabling kids at home by making monotonous online classes fun with its blend of proprietary STEM toys.

Founded in 2015 by Sharad Bansal, Vivek Pathak, and OP Godara, the Jaipur-based EdTech company has 50,000+ online learners who have consumed over 300,000 hours of learning. Its existing reach in 6,000+ schools and 100+ learning centers allows the startup to acquire 60 percent of its users from organic channels at near-zero CAC.

Commenting on the funding, Co-founder and CEO Sharad Bansal said,

“The fresh capital will multiply our efforts to rapidly grow the online user base and invest in technology. Tinkerly’s unique (Kit + Live Class) courses combined with Navneet, India’s most loved education brand that carries a 6-decade-old legacy, will set new benchmarks of learning outcomes and spark the joy of making among students across the globe.”

The company said the capital raised will be utilized in product development, increase consumer awareness, and expanding in new geographies with vernacular content, with the aim of creating a strong global brand.

Ketan Gala, Director of Navneet Tech Ventures, said,

“Every child’s hope and dreams have no boundaries. Tinkerly’s child-oriented approach towards coding harnesses this enthusiasm and successfully channels it towards a productive learning experience. Programs like these assist in the development of reasoning and analytical skills. Tinkerly’s approach is in the right direction and ensures that our children are future-ready, and as a company, they are taking a leap in the right direction as well.”

According to Tinkerly, prior to COVID-19, exposure to robotics or coding was limited to students studying in less than one percent of total Indian schools. With the adoption of online learning, access to quality learning has been democratized.

Tinkerly has built three types of kits, one for IoT learning, the second for AI learning (the company has filed a patent for this kit), and the third is a basic science exposure kit. Development of these kits and course curriculum is done in-house by the Tinkerly team, about 40 percent of the 18-member team at Tinkerly is involved in the content and product development.

Dhiraj Sinha Kumar, Co-founder of SucSEED Angels Network, also commented,

“We are proud to be a part of Tinkerly and to support it since we first invested in 2018. It’s great to witness Tinkerly consistently demonstrating its value proposition by using STEM innovatively and helping students to learn and grow. We believe that investment by a large publishing house like Navneet validates the potential of STEM education in India, and with re-opening of schools, its growth will further strengthen.”

The company claims that its monthly revenues have grown 8X in the past three months since the launch of the new version of its learning platform Let’s Tinker in April this year.

Img Src

TAGGED: EdTech Funding, Job-ready Skills, STEM Education, Technical Education, Technical Skills
Share This Article
Facebook Twitter Whatsapp Whatsapp LinkedIn Reddit Telegram Email Copy Link
By Shalini Pathak
Follow:
Shalini Pathak is a Staff Writer at EdTechReview (ETR) - India's leading edtech media & community. She has over four years of experience in media, covering different beats. Like all writers she's an enthusiastic reader first with a passion to create out of the box content, and an ability to write about any topic. As a part of the ETR team, she will cover the latest in the edtech industry with a focus on edtech startup stories and their funding.
Previous Article Edupreneurs Could Teachers Become the Next Batch of Startup Entrepreneurs Five Ways Technology Can Help Tutors Become Edupreneurs
Next Article Prodigy Finance funding UK-based Prodigy Finance Raises $500M to Finance International Postgraduate Students
AdvertisementWhy this Ad?

Latest EdTech News To Your Inbox

Stay Connected

AdvertisementWhy this Ad?
AdvertisementWhy this Ad?

Latest EdTech News To Your Inbox

Stay Connected

AdvertisementWhy this Ad?

You Might Also Like

SmartSuite Raises $38M to Revolutionize Work Management Platform
News

SmartSuite Raises $38M to Revolutionize Work Management Platform

Feb 28, 2025
Jobizo Raises $14M Pre-Series Funding Eyes Global Expansion
News

Jobizo Raises $1.4M Pre-Series Funding, Eyes Global Expansion

Feb 28, 2025
AI Mental Health Startup Sonar Secures Pre-Seed Funding
News

AI Mental Health Startup Sonar Secures Pre-Seed Funding

Feb 27, 2025
Moodle Joins Forces With EdLatam to Boost Latin American Education
News

Moodle Joins Forces With EdLatam to Boost Latin American Education

Feb 27, 2025
Vedam School of Technology Aims to Transform Computer Science Education in India
News

Vedam School of Technology Aims to Transform Computer Science Education in India

Feb 27, 2025
AI-Driven Tutoring Startup Medly AI Raises Seed Funding to Expand Its Reach
News

AI-Driven Tutoring Startup Medly AI Raises Seed Funding to Expand Its Reach

Feb 26, 2025
Cambridge and Vishwakarma University Sign MoU for Teacher Training Programme
News

Cambridge and Vishwakarma University Sign MoU for Teacher Training Programme

Feb 26, 2025
NSDC & Get Set Learn Collaborate to Empower Students With Future Skills
News

NSDC & Get Set Learn Collaborate to Empower Students With Future Skills

Feb 26, 2025
Show More
EdTechReviewEdTechReview

H433, 2nd Floor, Vikaspuri, New Delhi, India, 110018
Phone: 011 41321030

Follow US

Copyright © EdTechReview. All Rights Reserved.

  • Home
  • Advertise
  • Event Associations
  • Press Release
  • About
  • Services
  • Contribute
  • News
  • Trend & Insight
  • Data & Statistics
  • eLearning
  • Reviews
  • Research
  • EdTech Voices
  • Dictionary
  • Tags
  • Resources
  • Events
  • Courses
  • EdTech Product for Review
  • Sponsored/Paid Post Service
  • Our Clients
  • FAQ’S
  • Contact Us
  • Important Links
  • Sitemap
  • Terms of Use
  • Privacy Policy
newsletter
Join 100K+ subscribers!

Subscribe to our weekly newsletter that brings the latest EdTech news, trends, insights, reports, interviews, etc. for educators, school leaders, entrepreneurs, investors, & others.

loader
Zero spam, Unsubscribe at any time.
Go to mobile version
Welcome Back!

Sign in to your account

Lost your password?