BrightChamps reach valuation of $500 million with Premji Invest-led funding

BrightChamps reach valuation of $500 million with Premji Invest-led funding

BrightChamps provides a school-supportive curriculum centred on coding, creative thinking, social collaboration, Industry 4.0 concepts, and scientific experiments to students in Grades 1-12.

BrightChamps has closed $63 million in total funding since starting operations last year in August and is now valued at nearly $500 million.

On achieving this amazing feat, Ravi Bhushan , CEO & Founder, said,

“A little over a year ago, we started with a dream to empower students with important next generation life skills, which could help them thrive in the fast changing dynamics of the world. Technology turned out to be the first, with many more to come by.

With the overwhelmed acceptance so far across the globe, We are blessed and humbled to be showered with love of marquee investors across geographies : Premji Invest – well known private equity investor based out of India, GSV Ventures – Edtech focused Venture Capital firm based out of USA, Binny Bansal backed 021 Capital and Singapore based BEENEXT.

The journey has been crazy fast, full of creative solutions and huddled with an amazing team! Extremely thankful to all the parents and students across the globe for their love for BrightChamps.”

The 16-month-old startup has seen 10 times growth in its annual recurring revenue (ARR) in the current calendar year, Bhushan mentioned in a recent press release.

We wish the entire team of BrightChamps, the very best for their journey ahead!

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