Kreedo Funding: ₹10 Crore to Transform Early Education in India

Bengaluru-based Kreedo Early Childhood Solutions has taken a significant leap forward in its mission to transform early education in India. The startup has secured ₹10 crore in debt funding from Recur Club, a leading debt marketplace catering to startups and SMEs. This financial boost is poised to fuel Kreedo’s expansion plans, enhance its innovative offerings, and support its working capital needs as it aims to redefine the educational experience for children from underserved communities.

The funding package, described as a “curated debt stack,” skillfully combines short-term and long-term debt lines, including secured and unsecured instruments. This customized financial structure ensures Kreedo has the flexibility and resources to scale its operations while maintaining a strong focus on delivering impactful solutions to schools across India.

TICE brings you the funding details here!

A Journey Rooted in Impact: Kreedo’s Story

Founded in 2012 by visionary entrepreneurs and IIM-Calcutta alumni Mridula Shridhar and Manikandan Krishnan, Kreedo focuses on transforming education in affordable private schools—institutions that charge fees of less than ₹30,000 annually and cater to families from low-income backgrounds. These schools form the backbone of India’s education system, serving over 350,000 institutions nationwide.

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Kreedo’s approach centers on equipping these schools with tools and methodologies that improve learning outcomes. Its solutions are designed to create engaging, child-centric environments that nurture curiosity and cognitive development during the formative years.

Over the past three years, Kreedo has achieved an impressive revenue growth rate of over 35% year-on-year, demonstrating the scalability and efficacy of its model.

From Vision to Execution: Kreedo’s Funding Milestones

This latest funding round from Recur Club builds on Kreedo’s robust financial foundation. Previously, the company raised $4 million in Series A funding co-led by Heritas Capital and UBS Optimus Foundation. These funds were instrumental in advancing Kreedo’s learning ecosystems, enabling the organization to reach more schools and scale its impact.

Reflecting on the new funding, Manikandan Krishnan, Co-founder of Kreedo, remarked:
"At Kreedo, we aim to redefine early education by equipping schools with innovative solutions that significantly improve learning outcomes. This funding from Recur Club marks a pivotal step in scaling our operations and meeting our working capital needs. We’re delighted to collaborate with Recur Club, whose seamless and efficient funding process perfectly aligns with our vision of creating impactful change in the education sector."

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Recur Club’s Role in Enabling Growth

The partnership between Kreedo and Recur Club dates back to 2022 when Kreedo first sought a short-term loan to address immediate capital needs. Since then, the collaboration has grown, with Recur Club providing funding through multiple tranches.

Eklavya Gupta, Co-founder and CEO of Recur Club, expressed his enthusiasm for Kreedo’s growth journey, "It has been a pleasure working with Manikandan and witnessing Kreedo’s incredible growth journey over the past couple of years. Their intelligent approach to capital management has enabled them to hyperscale effectively while preserving significant equity."

Recur Club’s innovative debt marketplace model has empowered startups like Kreedo to access capital without diluting equity, fostering growth and innovation across industries.

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Driving Change: Kreedo’s Vision for the Future

Kreedo’s impact extends far beyond numbers. With a strong track record of success and a clear roadmap for the future, the company is confident in its ability to catalyze broader efforts to improve early education in India. By enhancing the learning environments of millions of children, Kreedo aims to shape brighter futures and strengthen the nation’s social and economic fabric.

As Kreedo continues to scale, its story serves as a testament to the power of innovation, strategic collaboration, and unwavering commitment to making a difference in society.

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