[Funding alert] Edtech Startup upsurge Secures Rs 3 Cr From JCBL India
Upsurge, an edtech startup, has raised Rs 3 crore in a pre-seed fundraising round headed by JCBL India, the family office of Rishi Aggarwal, and a gaming-focused early stage venture capital firm.
The funding will be used to boost platform growth, create content, and broaden its audience, as per reported by BW Disrupt.
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Announcing the fund raising, Karan Baweja, Founder and CEO, upsurge, said “Financial literacy and life skills is an increasingly important competency in today’s world, and we believe that our interactive and engaging approach is an effective way to teach these valuable skills to young people. At upsurge, the mission is to inspire and empower the next generation with the holistic knowledge and skills they need to succeed in an evolving economy. We are thrilled to have the support of our investors as we work to empower the next generation with the skills they need to succeed in the modern world”.
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upsurge is a gaming-focused ed-tech firm that helps kids learn about money management, entrepreneurship, and other crucial life skills through its exclusive games, interactive game-based courses, and prizes. upsurge was founded in 2021 by Karan Baweja.
Commenting on the investment, Rishi Aggarwal from JCBL India, said “Investing in the financial literacy and life skills of children in their early years is not only good for their future, but it is also an investment in the future of our society. We believe that upsurge has a potential to make a significant impact on youth globally and we are excited about their future”.
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The goal of upsurge, India’s first youth-focused platform for educational games and gamified learning, is to motivate and equip students with contemporary skills and information in a fun and interactive manner.
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