Homi Lab, a co-curricular learning platform has raised Rs 5 crore in funding round from Inflection Point Ventures.
The startup plans to use the funds for the development of state-of-the-art technology platforms and creation of high-quality unique content.
Delhi-based Homi Lab was founded in 2020 by Srijan Pal Singh, a renowned children’s author and former Advisor to the 11th President of India, Dr. A.P.J. Abdul Kalam (2009-2015). It is committed to enable all young learners to see the world with an expanded vision.
The company said in a statement that it aims to enable futuristic skills, a development cycle involving stakeholders and the backbone that will create top-notch content for young learners.
“Homi Lab is on a continued journey to build a brighter future for humankind by transforming the learning space with our model of training. IPV not only provides us the necessary fuel in our journey in terms of capital, but also in terms of ideas, partnerships and people”, said, Srijan Pal Singh, Founder, Homi Lab.
Facilitating government policy as well as strengthening the business model with increasing demand will help in growth in the Indian edtech sector. The New Education Policy 2020 has provided a policy impetus to the EdTech sector by recognizing the role of technology in education, according to a report by RBSA Advisor.
“This futuristic platform will help India to nurture young learners right from a nascent age and mold them to be explorers in the field of science and beyond. At the same time the product and content will have creators from all over the world and hence will be relevant to a large global audience. IPV looks forward to extending their support and helping them build and deliver quality content through technology”, said, Ankur Mittal, Co-Founder, Inflection Point Ventures.
About Homi Lab
Homi Lab is the nation’s first future learning lab designed to produce the next generation of pioneers – who will walk on Mars and those who will cure the planet and humankind. They believe that children are all unique in their ways, it does not matter what grades they get, every child, with the right guidance, has the chance to shape the future and find their place in the books of history.