Saral Venture Builders

A Trusted Business Partner For Your All Early Stage Startup Dream

Saral Venture Builders

A Trusted Business Partner For Your All Early Stage Startup Dream

Saral Venture Builders

A Trusted Business Partner For Your All Early Stage Startup Dream

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Sparkl Edventure Raises $4 Million Led by Deepinder Goyal and Nithin Kamath

Are you looking for investment, pitch your idea with us!

Overview of the Funding Round

  • Funding Announcement: Sparkl Edventure, an online education startup co-founded by Aakash Chaudhry, has raised $4 million in a seed funding round.
  • Key Investors: The funding was led by Deepinder Goyal (Zomato founder) and Nithin Kamath (Zerodha founder), through his sustainability-focused fund, Rainmatter.
  • Founder’s Background: Chaudhry, known for his role in Aakash Educational Services Ltd.’s (AESL) $950 million acquisition by Byju’s, launched Sparkl in October 2024.

Focus on Personalized Tutoring for IB and Cambridge Students

Specialized Tutoring Services

  • Target Audience: The platform offers one-on-one tutoring for students pursuing International Baccalaureate (IB) and Cambridge curricula, markets underserved in India.
  • Addressing Gaps: Many parents struggle to find qualified tutors for these international boards, which differ significantly from CBSE and ICSE syllabi.

Subject Offerings

  • Sparkl covers core subjects like mathematics, science, and languages.
  • Future plans include expanding into SAT/ACT coaching and global standardized test preparation.

Geographic Reach and Expansion Plans

  • Current student base includes regions such as Delhi NCR, Bengaluru, Pune, Hyderabad, and Singapore.
  • The startup aims to expand internationally by the 2025-26 academic year.

Aakash Chaudhry’s Entrepreneurial Journey

Legacy in Edtech

  • AESL Leadership: Chaudhry played a pivotal role in growing Aakash Educational Services Ltd. (AESL), founded by his father, J.C. Chaudhry, into a leading test-prep provider.
  • Strategic Acquisitions: Under his leadership, AESL acquired Meritnation.com, whose co-founders, Pavan Chauhan and Ritesh Hemrajani, are now part of Sparkl’s leadership team.

Vision for Sparkl Edventure

  • Retained Stake in AESL: Chaudhry continues to hold an 11% stake in AESL after its acquisition by Byju’s.
  • Global Ambitions: He aims to establish Sparkl as a global player in the $2 billion IB/Cambridge tutoring market.

Saral Venture Builders

At Saral Venture Builders, our mission is to simplify technology to extreme edges and make it accessible for every businesses of all sizes. The name "Saral" means "simple," and we embody this philosophy by delivering straightforward and effective tech solutions.

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