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Gurugram-based EdTech Startup PlanetSpark Raises Seed Funding of 1.6 Crores from FIITJEE

By SiliconIndia   |   Tuesday, December 11, 2018
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PlanetSpark, a leading EdTech startup at Gurugram raises a seed funding worth Rs. 1.6 crores by FIITJEE, one of India’s leading education companies. The funds will be used to grow its existing 200+ home based tuition centers by close to 350 percent to 750+ home-based tuition centers across Delhi NCR and beyond. With a mission to make traditional tuitions obsolete through powerful and gamified learn-tech products and certified teachers in K8 segment, PlanetSpark will use the funds to develop powerful, heuristic, gamified learn-tech products for an integrated instructional learning experience.

Kunal Malik, Co-founder, PlanetSpark, comments, “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".

Commenting on the funding, D.K. Goel, Chairman, Emeritus FIITJEE Group, comments, “The home based blended learning model of Planet Spark is poised to empower teachers, students and parents in the learning process". The company plans to develop gamified learning content such as mobile based learning games, educational cartoons, learning activity boxes, workbooks and board games and partners with qualified homemakers and helps them start their home based tech enabled tuition centres using PlanetSpark’s gamified teaching content and more. The development team has developed a series of story-based learning adventures designed by Russian game design experts. Also, PlanetSpark plans to scale-up to 5 more cities in the next academic year to expand the learning experience.

Founded by Kunal Malik and Maneesh Dhooper, PlanetSpark follows a blended learning approach of a combination of classroom teaching with gamified online learning. With the latest innovations, PlanetSpark is transforming traditional KG to 7th tuitions by game-based learning with technology.

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