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Yellow Class Raises $6 Million From Elevation Capital, Others

Aug 17, 2021•almost 4 years ago

Amount Raised

$6 Million

Bengaluru

Description

Bengaluru: Yellow Class, an edtech startup focused on children’s extracurricular activities, has raised $6 million in a Series A funding round led by Elevation Capital. A clutch of angels — including Meesho’s cofounder Vidit Aatrey and PropTiger CEO Dhruv Agarwala — and existing investors India Quotient, Titan Capital & First Cheque participated in the fundraise.

Company Information

Company

Yellow Class

Location

Bengaluru, Karnataka, India

About

The fresh capital, the edtech startup said, will be used for improving the product, developing more holistic content, building brand awareness, hiring for leadership roles, and driving expansion in more than 500 cities in India and abroad. ”Within edtech, the extracurricular segment in India is expected to reach a size of $5.8 billion in 2021,” Yellow Class said. “Travelling long distances for a class is a major inconvenience as parents need to manage their work/home lives and time.