Edtech platform Bambinos raises seed funding from multiple investors

Bambinos, an edtech platform for live and interactive group classes for co-curricular and extracurricular activities, has raised $500,000 in seed funding from Ankit Nagori, co-founder of Cure.fit, Neeraj Aggarwal, co-founder of Xto10x, and Abhishek Nag, director of business development, Netflix India, among others.

The company will use the fresh funds for product development, scaling up its distribution network and enhancing the course content across categories of extracurricular activities.

Bengaluru-based Bambinos was founded in June 2020 by Ashish Gupta and Ankit Hetamsaria. Gupta worked at Cure.fit as its head of operations before starting this venture. He has also worked with Amazon as its senior supply chain leader.

The company claims to have boarded more than 15,000 students on its platform in less than a year in India, Singapore, Japan, Korea, Canada and the Middle East. It is targeting to hit annual recurring revenue (ARR) of $2 million in the next six months.