Tuesday, November 29, 2016

Math-teaching startup raises fresh funding to help kids fight their fear of numbers

Math Buddy, a startup that helps kids learn mathematics through hands-on games and interactive lessons, has raised US$440,000 in fresh funding from Menterra Social Impact Fund.

Based in the west Indian town of Vadodara, the startup offers practice sessions, activities, interactive worksheets and assessments, and an online Olympiad aimed at making kids less fearful of the subject.

“Many children develop a fear for math when they do not understand concepts in their formative years, especially when they are in classes 3 to 7 [ages 7-10]. We want to change this; we want to help children enjoy learning math, and the key to achieve this is to help them learn with understanding,” Kannan Bharadwaj, co-founder of Math Buddy said.

Math Buddy is present in schools across 19 states in India. Menterra’s equity funding will help the startup expand its operations to more schools, build teacher engagement and training, as well as help it expand to low income schools.

“We are present in 200 schools right now and we want to grow this to 2,000 schools in the next three years. The Menterra team has been actively working with us [in] designing strategies to reach low-income schools,” Kannan added. “They are also connecting us with mentors who have years of experience in areas that we lack.”

Converted from Indian Rupees. Rate: US$1 = 68.66 INR.

This post Math-teaching startup raises fresh funding to help kids fight their fear of numbers appeared first on Tech in Asia.



from Tech in Asia https://www.techinasia.com/math-buddy-raises-funding
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