Creating a nation of readers, the Education technology start-up Stone2Milestones raised USD 2.5 million (INR 19 crores) in the funding round. The investment made by existing investors Unreasonable Capital and its limited partner Goldhirsh Foundation.
The Ed-tech Startup is known for its learning platform Freedom, a platform that enables children aged between 3-10 in learning English reading, speaking, and conversation skills. The funding round also saw the participation of a Singapore-based investment banker and three angel platforms Angel List, Lets Venture, and Faad Network.
The Gurugram based startup stated it would use funds for overall growth in social media platforms and marketing ventures. The co-founder and CEO, Kavish Gadia stated, the company plans to enter the international market by January 2021. The company has made a massive leap due to the ongoing pandemic on the financial front, as they expect to close the year with INR 17 crores – INR 21 crores.