A startup that teaches coding to six-year olds raises ₹7 crore in seed funding

• Indian edtech startup Wizklub focussed on imparting cognitive skills to school children has raised ₹7 crore as seed fund from Incubate Fund India and Insitor Impact Asia Fund.
  
• The Bengaluru-based startup presently has over 150 centers in the city catering to more than 3,000 children.
  
• Wizklub aims to build students with higher order thinking skills for cognitive development via SmartTech and HOTS programmes.
  
• It teaches children as young as six years to create tech products via coding, robotics, smart devices and AI.

Indian edtech startup Wizklub focussed on imparting cognitive skills to school children has raised ₹7 crore as seed fund. After the current round of funding from Incubate Fund India and Insitor Impact Asia Fund, its total funds raised went up to ₹9 crore.

Founded in February 2018, the Bengaluru -based company plans to use the fresh capital for product and market expansion. It wants to add nearly 10,000 children to its programmes. It presently has over 150 centers in the city catering to more than 3,000 children.

“Platforms like WizKlub, which provide standardised quality and easy access to after-school-education has been waiting for a long time among parents of K6 students. As WizKlub's model is highly scalable and monetizable, we strongly believe that they will create a great impact to Indian K6 education space,” said Nao Murakami of Incubate Fund India — an early-stage VC fund of Japan.

India has a potential market size of $15 bn for supplementary education. The demand for aptitude-based skills has called for the need of supplementary education against ‘rote learning.’

“Technology is transforming the world at an unprecedented pace, which necessitates children of this generation to be lifelong learners and adept problem solvers. Further, this generation needs to grow up with the confidence to be creators rather than just being passive consumers of technology,” said Amit Bansal, Founder & CEO, WizKlub.

Wizklub, which caters to the children between 5-15 years aims to build students with higher order thinking skills (HOTS) for cognitive development via SmartTech and HOTS programmes. The AI-driven tech platform is intended to create ‘smart’ readers and problem solvers.

Its SmartTech programme ropes in children as young as six years — helping them build skills and confidence to create tech products via coding, robotics, smart devices and AI.

"After-school-education for the K6 segment in India has been highly fragmented. At the same time, the rise of the middle class allows parents in urban India to start thinking seriously about giving a quality after-school-education to their kids,” said Murakami.

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