Gurugram-based EdTech Startup PlanetSpark Raises Seed Funding of 1.6 Crores from FIITJEE,one of India’s leading education companies
Bengaluru, 11 Dec, 2018. RedNewswire/-
PlanetSpark will use the funds raised to grow its technology enabled tuition centers from 200 to 750 across Delhi-NCR, said a statement. The funds will also be used to develop powerful, heuristic, gamified learn-tech products for an integrated instructional learning experience, it added.
The company was founded in 2016 by former executives UrbanClap and Hindustan Unilever executives Kunal Malik and Manish Dhooper. It plans to scale up to five more cities in the next academic year.
Kunal Malik, Co-founder of PlanetSpark, said, “At its core, PlanetSpark is a tech company aiming to organize the unorganized market of tuitions in India through scalable tech solutions. We firmly believe that the era of boring tuitions is over and the vast and unorganized tuitions market is ripe for getting organized through full stack tutoring model, following the trend in other markets like transportation, logistics, food delivery or ecommerce.
Parents don’t want to send their children to unverified and uncertified tuition teachers anymore and they are ready to prefer a professional brand which brings game-based learning models, instructional content, and technological backing and mobile apps,” he added.
PlanetSpark partners with qualified homemakers and opens tech-enabled tuition centres from their homes. It follows a blended learning approach of a combination of classroom teaching with gamified online learning.
PlanetSpark is transforming traditional KG to 7th tuitions by game-based learning with technology.
“We are clear that the future of early and primary education lies in a blended approach to learning where one combines face-to-face teaching with technology. It is a known fact that purely online “learning apps” don’t work as one cannot eliminate the human element of a teacher, especially for younger kids. At the same time, just face to face learning models are neither scalable nor make the learning process fun and gamified using Tech. Hence the sweet spot lies in blended learning,”
Manish Dhooper said in the statement.