SP Robotic Works, an AI-based edtech startup, has raised $3 million in a Series A round led by Mount Judi India Growth Fund. BCCL and its existing investors Indian Angel Network, as well as numerous renowned Angel Investors such as Ajai Chowdhry (Founder, HCL), Raman Roy (Chairman and Managing Director - Quatrro), and others, participated in the funding round.
The funds raised will be used to strengthen and expand the startup's user base, as well as to expand its product portfolio, according to the company.
Commenting on the Investment, Sneha Priya, Co-founder and CEO at SP Robotic Works, said, “SP Robotic Works believes in building a scalable and highly qualitative platform that can enable practical learning of concepts in a fun way. As a means to scale with quality, we developed SPARKY which today teaches all our customers in a personalised manner – a best teacher for every student."
"The aim is to encourage children to develop a liking for the practical aspect of concepts that will enable a boost in their cognitive, problem solving and logical thinking skills. The funding will help us to further take this ambition to new heights and diversify our product portfolio and strengthen our user base”.
Sneha Priya and Pranavan founded the D2C (Direct to Consumer) startup, which claims to be using its unique pedagogy of learn, build, and collaborate to engage its students in robotics, drone, and coding technologies today, and plans to expand into Math & Science with this Series A funding.
Talking about the investment, Vedamoorthy Namasivayam, General Partner at Mount Judi India Growth Fund, who is also an incoming board member to SPRW, said, “The SP Robotic Works team has a deep understanding of the edtech landscape in India and has created a revolutionary learning platform with their AI based teacher – “SPARKY” to provide personalised gamified learning experience to each of its students."
SP Robotic Works now has a total of $4 million invested in seed, pre-Series A, and Series A funding rounds with marquee angel networks such as Indian Angel Network, The Chennai Angels, Native Angel Network, and Malabar Angel Network on its cap table.