Kyt, an online-first, global academy for extracurriculars, designed by the best educators from around the world, announced it has raised $2.5 million in funding led by Sequoia Capital India’s Surge.
The capital will be used to expand its online-first, global academy for extracurricular learning. It has plans to add more courses, including chess, various musical instruments, public speaking, creative writing, and how to be a content creator.
Other investors Titan Capital, along with other angel investors including Kunal Shah, Amrish Rau, Jitender Gupta, Allen Penn, and Martin Li also participated in the funding round.
Founded in 2020 by Bhavik Rathod and Tripti Ahuja, Kyt leverages technology to provide online-only, live lessons to children aged between five and 15 years old. The platform offers two learning approaches with its exclusive content: Kyt Academy and Kyt Workshops.
Commenting on the startup journey, Bhavik Rathod, co-Founder and CEO, Kyt, said, “Tripti and I started Kyt to build something for our daughter. After speaking to several parents, we realised that there is a much larger need to provide high quality courses that focus on the holistic and all-round development of the child, beyond just academics. With a strong team of curriculum designers, pedagogy experts, and education consultants, we embarked on this vision to build an online-first, global academy for extracurricular learning for kids.”
Kyt Academy courses span up to 12 weeks and are designed for children who are passionate about specific areas of knowledge, outside of traditional curriculums — such as yoga, language, reading, and dance — and want to expand their skills. Kyt Workshops are one-time classes, ideal for children who would like to explore different interests and try multiple classes, including cooking, magic classes, animation, rap, and poetry. All courses cater to both private and small groups.
“The future of education is a hybrid of online and offline learning, and the market size for primary and secondary extracurricular learning is estimated to be $10 billion in India alone, and around $200 billion globally. While most learning used to happen in physical spaces, there will be rapid adoption of online learning even beyond COVID-19, as these well-structured curriculums will build strong global communities, encouraging children to remain engaged over time,” Rathod added.
Kyt is part of the fourth cohort of Surge, Sequoia Capital India’s programme run for startups across Southeast Asia and India region.
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