Ronnie Screwvala has invested in 21K schools The first online has only been raised in Indian schools

Lostro Advisors LLP, led by Rakesh Gupta, has raised funds for this pre-series.

India’s first online only school – 21K School – recently raised নি 5 million in pre-series funding from Ronnie Screwwala, co-founder and chairman, Upgrade. The 21K school was founded in 2020 by Santosh Kumar, Yashwant Raj Parasmal, Dinesh Kumar and Joshi Kumar to create a 100% online school that offers three curriculum choices for children aged 3 to 18 – Indian, American and British.

The 21K school’s K-12 learning model disrupts EdTech’s position as a department builder with personalized, affordable, and flexible schooling for students regardless of their location or time zone. The company has already enrolled more than 2,750 students from more than 400 cities across India and 23 countries. With 21K schools, families no longer have to relocate to urban areas to give their children access to high-quality schools.

The company aims to raise funds to enhance its outreach to students in India and abroad and to strengthen its learning platform for data-driven instruction across all curricula. The 21K school is targeting 10X scale 25,000 to 30,000 admissions next academic year

“The future of education is here, and it’s changing the way we think about schooling,” said Ronnie Screwwala, a visionary EdTech entrepreneur. 21K School will add a lot of value to the students while disrupting the traditional schools in its own place with interactive technology which involves the development of students at every level. I am thrilled to be able to support Santosh and Yashwant as they aim to expand in India and internationally. ”

Santosh Kumar, co-founder and CEO of 21K Schools, said, “Online schools like 21K Schools can provide equal opportunities and access to millions of students in India or around the world. Ronnie’s investment will help us reach out to the more than 18 million Indians living abroad so that they have the opportunity to study the increasingly popular Indian curriculum while continuing to live abroad. “

Yashwant Raj Parasmal, co-founder and chief operating officer of 21K School, added, “The investment will help strengthen our flexible, personalized and transparent learning model, ensuring that students get the best possible learning experience. The 21K crew joins me to thank Ronnie for their faith in our philosophy! ”

21K School Owners combines technology, neuroscience and AI to create data-driven instruction for students using LMS, personalized learning engines, assessment engines and curriculum content. Wanting to replicate the K-12 school’s formal experience online, 21K School teaches all core topics and skill-based activities without compromising academic rigor. Conducting regular assessments for its students, 21K School includes computational thinking, coding, yoga, dance, music, etc. as an integral part of the school.

Lostro Advisors LLP, led by Rakesh Gupta, has raised funds for this pre-series.

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