Codingal raises funding from renowned startup accelerator Y Combinator

By Nikita Chaurasia  | Date: 2021-02-12

Codingal raises funding from renowned startup accelerator Y Combinator

Bangalore-headquartered online coding platform for K-12 kids, Codingal, has reportedly raised an undisclosed amount from American seed money startup accelerator Y Combinator and has been selected to a part of YC’s W21 batch.

For the record, the Silicon Valley-based startup incubator Y Combinator picks a group of early-stage startups twice each year for its rigorous three-month boot camp. In addition, it invests USD 125,000 in all participating startups. Since 2005, it has invested in over 3,000 startups, including some big names like Reddit, Airbnb, Dropbox, Quora, as well as Indian startups like Helloverify, RazorPay, and Khatabook among others.

Trusted sources confirmed that Codingal will utilize the investment to expand its teachers’ base, curriculum, and enhance its integrated product to achieve its aim of building a strong community of interested school students with one million members.

Co-founder and CEO of Codingal, Vivek Prakash, on the subject, expressed that their mission is to motivate school kids to fall in love with coding, and they are building the platform to fulfill this mission by providing high-quality computer science education together with world-class coding competitions.

The CEO added that with the Y combinator’s support, Codingal is looking to become a global online school in the K-12 segment.

Founded in September 2020 by IIT graduates Satyam Baranwal and Vivek Prakash, Codingal platform offers community-building activities to school kids with appealing coding competitions and hackathons that aid children in learning and showcasing their projects from the very start.

The EdTech startup boasts of 40,000+ registered students and has experienced robust growth in student registration and revenue since its inception. To further spread computer science education, it has joined hands with prestigious institutions including IIT Madras, IIT Bombay, IIT Roorkee, BITS Pilani, and many more schools to host nationwide coding competitions for school kids.

Source Credits –

https://yourstory.com/2021/02/edtech-startup-codingal-raises-undisclosed-amount-ycombinator

 

About Author

Nikita Chaurasia     aeresearch.net

Nikita Chaurasia

An accomplished professional in the field of content development, playing with words comes naturally to Nikita Chaurasia. After completing her post-graduate MBA degree in Advertising and PR, Nikita worked across numerous content-driven verticals, undertaking diverse r...

Read More >>

More News By Nikita Chaurasia

L&T Technology Services partners with Qualcomm to amplify 5G adoption

L&T Technology Services partners with Qualcomm to amplify 5G adoption

By Nikita Chaurasia

L&T Technology Services Limited has recently announced that it is teaming up with Qualcomm Technologies, Inc., the world’s leading wireless technology innovator. With the latest collaboration, the firm plans to offer end-to-end solutions...

PNAS, Straive partner to deliver end-to-end content production services

PNAS, Straive partner to deliver end-to-end content production services

By Nikita Chaurasia

Renowned U.S.-based nonprofit and non-governmental organization, NAS (National Academy of Sciences), has reportedly collaborated with Straive, one of the leading technology-driven solutions providers for Content, EdTech, and Data. With this acquis...

Japan pushes innovations in 'deep tech' sector with solar cell technology

Japan pushes innovations in 'deep tech' sector with solar cell technology

By Nikita Chaurasia

Amid the most promising next-generation solar cell technology innovations, Enecoat Technologies, a provider of materials development services in Japan, is reportedly developing perovskite. Following its completion, the Kyoto-located start-up expec...

GIC to acquire majority shares in opulent Sani/Ikos properties

GIC to acquire majority shares in opulent Sani/Ikos properties

By Nikita Chaurasia

Singapore's sovereign wealth fund, GIC has agreed to pay around $2.2 billion to buy a majority stake in Sani/Ikos Group, a Mediterranean luxury resort operator, marking the largest transaction in the European resort market since the Covid-19 pand...

Excelra, Patcore partner to offer enhanced digital insights to customers

Excelra, Patcore partner to offer enhanced digital insights to customers

By Nikita Chaurasia

Excelra, a data and analytics solutions provider, has recently announced its partnership with Patcore, Inc., to provide better access to its analytics products and scientific data for customers in Japan. For the unversed, Excelra is one of the top...