Edtech startup Nalanda Learning Systems raises Rs 40 crore from Aavishkaar Capital

Kolkata: Edtech startup Nalanda Learning Systems has raised Rs 40 crore from Aavishkaar Capital to expand operations nationally, its chief executive said on Wednesday.

The startup owns the ‘Little Laureates’ brand, under which it runs pre-schools across eastern India.

“We have raised Rs 40 crore from Aavishkaar Capital to fund our drive to expand nationally using digital content,” said Tamal Mukherjee, the CEO of Nalanda Learning Systems. “The pandemic has reshaped the education market. While it has accelerated the adoption of education technologies, the benefits have been limited to a small section of the society.”