Medilytix Digital Desk:
Edtech startup Freadom said that it has raised $2.5 million in a funding round led by Capital A and a clutch of marquee investors.
The investors include Bollywood actor Tiger Shroff, BharatPe Founder Ashneer Grover, VMart Retail Founder Lalit Agarwal, and Global PayU CFO Aakash Moondhara.
The funding will be invested in product, distribution and to further strengthen Freadom’s vertical presence across stakeholders for English as a second language, the company said in a statement.
“Learning a language like English should be fun and engaging and we prioritise this at Freadom. The success of Freadom lies at the intersection of our innovative pedagogical approach and advanced AI technology that makes language learning accessible to every child between the ages 3 and 12. The goal is to create impact at scale and prioritise long-term learning outcomes over short-term gains,” said Nikhil Saraf, Founder of Freadom, who was part of the Forbes Asia Under 30 list in 2021.