Tuesday, 3 November 2020

Lattu Kids raises seed funding from Mumbai Angels Network

 


Mumbai, November, 2020: EdTech startup Lattu Media Pvt Ltd (“Lattu Kids”)  has raised seed funding from Mumbai Angels Network. This follows Airtel picking up a strategic stake in Lattu Kids in June 2020 as part of the Airtel Startup Accelerator Program. 

Lattu Kids specializes in digital learning tools for children. Its popular Lattu Kids app focuses on improving English vocabulary, English reading and Maths foundation skills for children under the age of 10 years through entertaining, fun learning animated videos and games.

With this latest round of investment, Lattu Kids plans to ramp up hiring of digital talent and scale up its product portfolio to serve the fast growing market for quality education content for kids. Airtel is already collaborating with Lattu Kids to take its content deeper and wider through its robust digital platforms that have over 160 Mn MAUs.

Vivek Bhutyani, Co-founder and CEO, Lattu Kids said: "Today, early foundational learning  is the most overlooked category in education across India . It however sets the foundation of how well the child will perform in primary and higher secondary. One of the main reasons why parents love the Lattu Kids app is because of our unique approach to learning. Our fun led learning approach helps provide clarity of concepts leading to better learning retention amongst children. With Mumbai Angels investors partnering with us, Lattu Kids will invest in hiring talent around product, curriculum and technology. With Airtel Accelerator’s steadfast support, we are confident to succeed in this market.”
Abhishek Mittal, Lead Investor, Mumbai Angels, added: “Widespread access to quality education at an early age will enable us to build a more inclusive progressive society over time. We believe that Vivek and his team at Lattu Kids have the solid background and deep domain expertise to connect the dots to deliver this efficiently in a fun learning format in the early learning education space. Their commendable digital distribution network such as the partnership with Airtel along with presence on YouTube, Ola Prime Play and the Xiaomi ecosystem, gives them access to rapid growth platforms which will help them scale.”
Nandini Mansinghka, Co-promoter & CEO, Mumbai Angels Network, commented “We are excited to welcome Lattu Kids to our portfolio. They have built a strong English language foundation of listening, speaking, reading and comprehension skills with the help of fun learning animation videos for kids, which prepares the child for elementary schooling. Especially in the current COVID times, this app is all what parents need for their children.”

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