Thursday, December 1, 2022
HomeInsightFunding Alert Live Quiz Platform Supernova Raises $1.1 mn in Pre-Seed Funding

[Funding alert] Live Quiz Platform Supernova Raises $1.1 mn in Pre-Seed Funding

Supernova, a firm that creates live tests and interactive, gamified formats for CBSE math topics, has raised $1.1 million pre-seed funding. led by Lumikai VC and Strategic angel investors,  Kae Capital, All In Capital, Goodwater Capital, are also a part of the pre-seed round.
Nawin Krishna, Maharishi RB and Anirudh Coontoor, co-founders of Supernova

Supernova, a firm that creates live tests and interactive, gamified formats for CBSE math topics, has raised $1.1 million pre-seed funding. Led by Lumikai VC and Strategic angel investors, Kae Capital, All In Capital, Goodwater Capital, are also a part of the pre-seed round.

In the upcoming 18 months, Supernova says it will utilise the capital to expand the product, add multiplayer formats, fortify its leadership group, and attract additional customers, as per reported by Business World.

Founded in 2021 by Anirudh Coontoor, Nawin Krishna and Maharishi RB, Supernova provide high-quality & engaging learning experiences to disrupt the ed-tech ecosystem by using pedagogies centered around experiential learning.

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Maharishi RB, Co-Founder, Supernova, said, “Today’s kids are born into a world of smartphones & highly engaging digital experiences, so they look for the same levels of engagement from their learning experiences. As a result, education is undergoing a generational shift towards user-centricity. We aim to be at the forefront of this change by providing high-quality & fun learning for most kids, which is also affordable & effective.

The only way to achieve this is through fundamental innovation. Our product is an ultra-fresh take on ed-tech that leverages the power of interactivity & systems of play. We are rethinking everything from pedagogies to price points to distribution channels. This funding round will help us go a long way with this much-needed disruption”, he added.

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Justin Shriram Keeling, Founding General Partner, Lumikai Fund shared, “We believe that systems of play and gaming best practices have the potential to unlock massive disruption in ed tech. Supernova is taking a first principles approach to a massive opportunity with a new platform that re-imagines kids education by leveraging the power of experiential, game-based “learning by doing”. We’re excited to be partnering with Rishi, Anirudh and Nawin at an early stage, and look forward to supporting them with our deep gaming expertise & network on their critical mission to bring in demand pedagogies to a much wider audience in delightful and fun ways”.

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Sunitha Viswanathan, Partner, Kae Capital said, ”It has become increasingly evident that the current traditional ed-tech models characterized by high customer acquisition costs, prohibitively expensive courses, and poor learning outcomes are unsustainable. From affordable pricing to product-led growth, we like how the Supernova team is going after entirely new models.”

About Supernova

Currently, They bring delightful experiences in the form of super-fun & interactive quizzes on CBSE topics for Classes 1-8 and interactive practice worksheets with smart assessments. They aim to make Active Experiential Learning Pedagogies mainstream so they can generate better learning outcomes suited for 21st-century learners.

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