# Allround Development Private

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/allround-development-private

- Industry: Software
- Headquarters: Bangalore, India
- Website: www.allroundclub.com
- Total disclosed funding: $2.4M
- Latest round: Seed (Dec 29, 2021)
- Investors on record: 3

## About

Allround Development Private Limited is an innovative online platform focused on co-curricular learning for children aged 7 to 15, offering engaging educational experiences that enhance skill development in a secure environment.Founded in 2020, Allround Development Private Limited operates from Bangalore, India, providing a dynamic platform for children's co-curricular education. The company has not undergone any major pivots and does not have any known subsidiaries. It has successfully raised INR 74.13 million in Seed funding in December 2021, primarily from Hauz Khas Ventures, along with returning investors Inventus Capital Partners and Stellaris Venture Partners. The total amount raised to date is INR 74.13 million, with a current valuation of INR 881.33 million.Allround offers a vibrant and secure online co-curricular learning platform specifically designed for children aged 7 to 15 years. The company provides an interactive multiverse that includes various spaces such as allround colab, allround arena, and allround covibe, allowing children to engage in collaborative learning, discussions, competitions, and creative activities. These offerings complement traditional educational settings by fostering friendships and enhancing skill development in a fun and engaging environment. The primary users are students, while parents and guardians play a crucial role in facilitating their children's participation in these educational experiences. Allround targets multiple geographical markets, including the USA, UAE, Australia, and India, expanding its reach in the international education sector.In the most recent fiscal year 2022, Allround Development Private Limited reported a revenue of INR 322,896.30. However, the company experienced an EBITDA loss of INR -981,683.70 during the same period.The company plans to leverage its recent Seed funding of INR 74.13 million raised in December 2021 to enhance its platform and develop new products aimed at improving user engagement and educational outcomes. Allround intends to expand its market presence in the USA, UAE, Australia, and India by introducing new educational offerings and features by the end of 2023, aiming to cater to a broader audience and increase enrollment rates.

## Funding rounds

- Seed, Dec 29, 2021, $1M — Inventus Capital Partners, Stellaris Venture Partners, Hauz Khas Ventures
- Seed, Dec 4, 2020, $1.4M — Inventus Capital Partners, Stellaris Venture Partners

## Investors

- Inventus Capital Partners (https://capitalatlas.ai/funds/inventus-capital-partners) — Seed
- Stellaris Venture Partners (https://capitalatlas.ai/funds/stellaris-venture-partners) — Seed
- Hauz Khas Ventures — Seed