Cuemath leap series#

Cuemath leap series#

Before that, the company had raised $15 million in its Series B round from CapitalG and Sequoia Capital India in 2017. Meanwhile, Cuemath’s latest funding comes after a year the startup had raised $5.5 million in an extended Series B round led by Manta Ray Ventures in December 2019. It said the platform has seen growth four-fold in the past six to eight months and now has over 500,000 hours of live classes.Ĭuemath’s coding program includes coding for kids, app development, game development, python programming, grades 1-3 coding, 4-6 coding, and 7-8 coding.

The company has also launched a digital platform called Cuemath LEAP for children from grade 7 to 10. The online learning platform claimed it has so far delivered more than 25 million classes to over 100,000 students across geographies. It currently has over 5,000 centres across cities like Delhi, Mumbai, Kolkata, Bengaluru, Chennai, Pune, and Hyderabad. Its course content has been designed by experts from premier institutions across the world to build a strong math and coding foundation in students by sharpening their knowledge of concepts, aptitude and reasoning skills.Ĭuemath ties up with homemakers to run home-based math learning centres, bringing its tech-enabled learning material available at the doorstep of the students. The rest, CapitalG, Sequoia Capital, and Manta Ray have poured in Rs 37.14 crore, Rs 7.4 crore, and Rs 14.86 crore, respectively.įounded in 2013 by Manan Khurma, Cuemath offers online math learning and coding program for students from Kindergarten to grade 10 in over 10 countries, including India, UK, USA, UAE, Singapore, Canada, Thailand, Indonesia, Egypt, Nigeria, Nepal, Bangladesh. Out of this, Lightstone Aspada has invested Rs 126.3 crore, and Alpha Wave Incubation Rs 111.43 crore. Google-backed afterschool math learning startup Cuemath wants to reach one billion students and 50 countries by the end of FY22. The company's existing investors including Google’s growth fund CapitalG, Sequoia Capital, and Manta Ray also participated in the round.Īccording to the regulatory filings, as first reported by Entrackr, Cuemath has allotted 200 equity shares and 144,618 Compulsory Convertible Preference Shares (CCPS) at an issue price of Rs 20,518.56 per share to raise the Series C amount.