Edtech startup Yellow Class has announced a significant milestone, raising $6 million in a Series A funding round led by Elevation Capital. The round saw participation from existing investors India Quotient, Titan Capital, and First Cheque, along with several prominent industry figures.

Funding Details and Investors

Elevation Capital spearheaded the Series A funding round, highlighting its confidence in Yellow Class’s innovative approach to providing extracurricular and co-curricular classes for children aged 3-12. The participation of notable investors such as Vidit Aatrey, Alok Mittal, Vivekananda Hallekere, and others underscores the industry’s recognition of Yellow Class’s potential for growth and impact.

Utilization of Funds

Yellow Class plans to allocate the raised capital towards enhancing the overall product experience for both parents and children. Additionally, the funding will support the development of new content, bolster brand awareness efforts, and facilitate the recruitment of key leadership positions across product, technology, and engineering domains. The company aims to scale its operations to encompass 500 cities in India and international markets.

Company Background and Vision

Founded in 2020 by Anshul Gupta and Arpit Mittal, Yellow Class aims to offer a diverse range of courses spanning 40 categories, including art, craft, dance, yoga, general knowledge, and logical reasoning. The platform leverages experienced mentors, including influencers, professionals, and celebrities, to deliver engaging classes to its student base. Yellow Class currently boasts over a million registered students and aims to onboard 10 million monthly active teachers within the next year.

Growth Trajectory and Future Plans

Yellow Class has experienced remarkable growth, witnessing an 18-fold increase in the last six months. Looking ahead, the company plans to diversify its offerings by introducing new categories of extracurricular and co-curricular classes. Additionally, Yellow Class aims to incorporate classes in vernacular languages to cater to a wider audience and foster social peer-to-peer engagement. The company remains committed to ensuring deeper progress tracking and fostering a conducive learning environment for children across India.

In a joint statement, Yellow Class’s founders, Anshul Gupta and Arpit Mittal, emphasized the importance of providing interactive alternatives to traditional learning platforms, catering to the cognitive growth needs of young learners. With the latest funding infusion, Yellow Class is well-positioned to further its mission of revolutionizing the edtech landscape and empowering children through accessible and engaging educational experiences.