PlanetSpark, a K-12 Edtech startup, has raised $13.5 million to educate kids skills in communication

PlanetSpark, an educational technology business, has raised $13.5 million in a Series B fundraising round headed by Prime Venture Partners. the round featured Binny Bansal, Deep Kalra, Ashish Gupta, Gokul Rajaram, and Shirish Nadkarni.

Prime Ventures, FIITJEE, and various angel networks have already invested $3.7 million in the company. The entire sum raised by PlanetSpark now stands at $17.2 million. The funds will be used for product development, senior leadership recruiting, and worldwide expansion, according to the startup.

PlanetSpark is an educational platform which helps youngsters develop their communication abilities. It was established in 1997 by Kunal Malik and Maneesh Dhooper. It provides live one-on-one public speaking and creative writing lessons for children aged 4 to 16. Storytelling, debating, podcasting, stand-up comedy, and poetry are all part of the curriculum.

"The most fundamental and desirable abilities that parents wish to instill in their children are communication skills. However, these abilities are rarely taught. Until today, parents had no idea that there was a reliable and disciplined way to help their children improve their communication abilities. We are the first global company to structure a programme on new-age communication skills for kids," said Kunal Malik, cofounder of PlanetSpark. "With live learning coming of age in the last two years, we are the first global company to structure a programme on new-age communication skills for kids," he added.