Codingal raises funding from renowned startup accelerator Y Combinator

Bangalore-headquartered online coding platform for K-12 kids, Codingal, has reportedly raised an undisclosed amount from American seed money startup accelerator Y Combinator and has been selected to a part of YC’s W21 batch.

For the record, the Silicon Valley-based startup incubator Y Combinator picks a group of early-stage startups twice each year for its rigorous three-month boot camp. In addition, it invests USD 125,000 in all participating startups. Since 2005, it has invested in over 3,000 startups, including some big names like Reddit, Airbnb, Dropbox, Quora, as well as Indian startups like Helloverify, RazorPay, and Khatabook among others.

Trusted sources confirmed that Codingal will utilize the investment to expand its teachers’ base, curriculum, and enhance its integrated product to achieve its aim of building a strong community of interested school students with one million members.

Co-founder and CEO of Codingal, Vivek Prakash, on the subject, expressed that their mission is to motivate school kids to fall in love with coding, and they are building the platform to fulfill this mission by providing high-quality computer science education together with world-class coding competitions.

The CEO added that with the Y combinator’s support, Codingal is looking to become a global online school in the K-12 segment.

Founded in September 2020 by IIT graduates Satyam Baranwal and Vivek Prakash, Codingal platform offers community-building activities to school kids with appealing coding competitions and hackathons that aid children in learning and showcasing their projects from the very start.

The EdTech startup boasts of 40,000+ registered students and has experienced robust growth in student registration and revenue since its inception. To further spread computer science education, it has joined hands with prestigious institutions including IIT Madras, IIT Bombay, IIT Roorkee, BITS Pilani, and many more schools to host nationwide coding competitions for school kids.

Source Credits –

https://yourstory.com/2021/02/edtech-startup-codingal-raises-undisclosed-amount-ycombinator