[Funding alert] Edtech startup Codingal raises $560K in a seed round led by Rebright Partners, Java Capital, and GSF Accelerator
Summary
Bangalore-based online coding platform for K-12 kids - Codingal on Monday announced that it has raised $560,000 (Rs 4.2 crore) in its seed round from Rebright Partners, Java Capital, and GSF Accelerator. According to the company statement, the startup will use the seed fund to build a one million strong coding community of school kids by introducing STEM-related courses, competitions, and hackathons in the K-12 segment. Commenting on the fund raise, Brij Bhasin, General Partner at Rebright Partners, said, Founded by Vivek Prakash and Satyam Baranwal in September 2020, Codingal platform fosters community-building activities within school kids with engaging coding competitions and hackathons that help children learn and showcase their projects from the get-go. With Codingal, he is renewing his mission to bring the joy of coding and building products for young children. Codingal’s community engagement through gamification, quizzes, and hackathons will be crucial not only in imparting up-to-date coding skills but also in making learning fun and exciting again," added Karteek Pulapaka, Co-Founder and Partner at Java Capital.