[Funding alert] Toddle eyes expansion of its edtech & gamification solutions for schools with latest fundraise

Toddle has secured its first institutional funding round, led by Matrix Partners India. The round has also seen participation from Better Capital and angel investors like Rahul Jaimini, the Co-Founder of Swiggy.

The educational technology startup will use the fresh capital to cater to more educational segments.

Rajat Agarwal, Director of Matrix India, said, “Teachers, all over the world, are adopting technology in their classrooms very rapidly. Having been educators themselves, the Toddle team has built a world-class product that is revolutionizing the way teachers plan, interact and collaborate with other teachers, students and parents.”

Founded by Deepanshu Arora and Parita Parekh in 2018, the Bengaluru-based Toddle aims to be the largest collaboration and sharing network for educators globally.

Deepanshu Arora stated, “Today’s teachers are very tech-savvy and use technology for a variety of needs. The struggle is that they have to juggle between multiple tools to solve for these needs. Our goal is to simplify the entire teaching and learning cycle with one seamless and intuitive solution.”

What is Toddle?

The edtech startup helps teachers streamline curriculum planning, documentation, parent communication and analytics

At present, Toddle is catering to over 10K teachers on its platform through its Reggio Inspired Preschools, K-12 World School and others.

“Our goal is to simplify the entire teaching and learning cycle with one seamless and intuitive solution to today’s tech-savvy teachers,” Arora added.

The company supports a library of more than 200 learning standards used around the world. These include PYP Scope and Sequence, Common Core, US State Standards, Australian Curriculum, New Zealand Curriculum and others.

Toddle provides individual student progress for parents and students, while teachers can track class progress across PYP elements and curriculum goals, set in collaboration with other educators.

Edtech Market in India

In India, the edtech market will likely reach $2 billion by 2021. This growth is backed by technology-driven online tutoring, edutainment, online test preparation, gamification of education content, web-based e-learning platforms and others.

With over 1.5 million schools and 260 million enrolments each year, India has the world’s largest K-12 education system, both primary and secondary.

Some of the popular startups in the edtech segment are Byju’s, Simplilearn, Toppr, UpGrad, Khan Academy among others. There were 3,500 edtech startups in India in 2018. A total of $1.8 billion was secured by edtech startups between 2014 and 2019 across 303 investment deals.