Kreedo Early Childhood Solutions raised $4 million in a Series A funding round led by Heritas Capital's Asia Impact First Fund to enhance early learning delivery in India.

Information on the Target

Kreedo Early Childhood Solutions is a Bengaluru-based social enterprise that offers comprehensive solutions to improve early learning delivery in schools. Founded in 2012 by Mridula Shridhar and VK Manikandan, both alumni of IIM-C, Kreedo aims to elevate the educational quality in affordable private schools and preschools across India. The enterprise addresses the challenges faced by over 350,000 affordable private schools that charge less than Rs 30,000 (approximately USD 356) annually, primarily serving low-income families.

Learning outcomes in these institutions often fall short, as many depend on rote memorization and lack resources to effectively train educators. The Annual Status of Education Report (ASER) published in January 2023 underscored the urgency of this issue, noting that a mere 25% of Grade III students achieved grade-level proficiency in math and only 20% in reading. Kreedo is committed to addressing this crisis by adopting play-based learning as a core methodology within its partner schools.

Industry Overview in India's Education Sector

India's education landscape is punctuated by significant disparities, particularly in the early childhood sector, where a large number of private institutions are dedicated to providing affordable education for underprivileged families. However, the quality of education in these