<p>Edtech startup BrightChamps on Monday announced it has raised $63 million in fresh funding, reaching a valuation of nearly $500 million in a little over a year.</p>.<p>Premji Invest, the investment office of Wipro founder Azim Premji, US-based GSV Ventures, Flipkart co-founder Binny Bansal-backed 021 Capital and Singapore-based venture fund Beenext participated in the round.</p>.<p>Founded by Ravi Bhushan in July last year, the live learning platform BrightChamps offers next-generation life skills such as programming, artificial intelligence (AI), design thinking and financial literacy for kids in the six-15 age group.</p>.<p><strong>Also Read | <a href="https://www.deccanherald.com/business/business-news/wipros-azim-premji-emerges-as-most-generous-indian-in-fy20-913803.html">Wipro's Azim Premji emerges as most generous Indian in FY20</a></strong></p>.<p>"We felt that there is an immense need for a unique curriculum which can fill the gaps in the current education system while aligning with a child's learning abilities as per their necessity of the age," Bhushan said.</p>.<p>The startup said that it had managed to reach over 10 countries with an outstanding booking run rate.</p>.<p>Currently, over 100,000 registered students are spending more than 6 million minutes of live learning every month on the platform.</p>.<p>"Brightchamps is well-positioned to emerge as a global leader in the edtech industry. Their meticulously-curated curriculum and blended approach are designed to spark scientific curiosity and exploration in early learners, allowing them to master new-age skills at their own pace," said Bansal.</p>.<p>The startup plans to utilise the funds to hire across major functions such as product, technology, operations and more.</p>.<p>"In little over a year, Brightchamps has established itself as one of the fastest-growing edtech companies in the markets that it serves in," said TK Kurien, ex-CEO of Wipro and managing partner at Premji Invest.</p>.<p><strong>Watch the latest DH Videos here:</strong></p>
<p>Edtech startup BrightChamps on Monday announced it has raised $63 million in fresh funding, reaching a valuation of nearly $500 million in a little over a year.</p>.<p>Premji Invest, the investment office of Wipro founder Azim Premji, US-based GSV Ventures, Flipkart co-founder Binny Bansal-backed 021 Capital and Singapore-based venture fund Beenext participated in the round.</p>.<p>Founded by Ravi Bhushan in July last year, the live learning platform BrightChamps offers next-generation life skills such as programming, artificial intelligence (AI), design thinking and financial literacy for kids in the six-15 age group.</p>.<p><strong>Also Read | <a href="https://www.deccanherald.com/business/business-news/wipros-azim-premji-emerges-as-most-generous-indian-in-fy20-913803.html">Wipro's Azim Premji emerges as most generous Indian in FY20</a></strong></p>.<p>"We felt that there is an immense need for a unique curriculum which can fill the gaps in the current education system while aligning with a child's learning abilities as per their necessity of the age," Bhushan said.</p>.<p>The startup said that it had managed to reach over 10 countries with an outstanding booking run rate.</p>.<p>Currently, over 100,000 registered students are spending more than 6 million minutes of live learning every month on the platform.</p>.<p>"Brightchamps is well-positioned to emerge as a global leader in the edtech industry. Their meticulously-curated curriculum and blended approach are designed to spark scientific curiosity and exploration in early learners, allowing them to master new-age skills at their own pace," said Bansal.</p>.<p>The startup plans to utilise the funds to hire across major functions such as product, technology, operations and more.</p>.<p>"In little over a year, Brightchamps has established itself as one of the fastest-growing edtech companies in the markets that it serves in," said TK Kurien, ex-CEO of Wipro and managing partner at Premji Invest.</p>.<p><strong>Watch the latest DH Videos here:</strong></p>