Kyt raises $2.5 million in funding from Surge
Edtech platform Kyt on Monday said it has raised $2.5 million (about Rs 18.5 crore) in funding from Sequoia Capital India’s Surge to expand its online-first global academy for extracurricular learning. Kyt is part of the fourth cohort of Surge, a bi-annual rapid scale-up programme run by Sequoia Capital India for startups across Southeast Asia and India.
Founded in June this year, Kyt leverages technology to provide online-only live lessons to children from 5 to 15 years old. To date, over 1,000 students have taken a course or attended workshops with Kyt, and the platform has more than 20 teachers onboard.