# Soniqmantra Private

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

- Industry: Education/Training
- Headquarters: Bangalore, India
- Website: www.kutuki.in
- Total disclosed funding: $2.2M
- Latest round: Series A (Feb 16, 2021)
- Investors on record: 5

## About

Soniqmantra Private Limited is an Indian company specializing in educational technology, providing engaging digital learning solutions for children that enhance cognitive skills and creativity through interactive applications.Founded in 2017 and headquartered in Bangalore, India, Soniqmantra Private Limited develops educational products that cater to early childhood learning. The company has raised a total of INR 161.64 mn in their latest funding round, a Series A, led by Omidyar Network, with participation from other investors including AKATSUKI Inc. and Better Capital. The founder, Bharath Bevinahally, has a history of entrepreneurship, although further details on prior ventures are not specified.Kutuki specializes in providing educational products and services tailored for children, focusing on early learning through engaging digital platforms. Their offerings include interactive learning apps that deliver educational content in a gamified format, enhancing cognitive skills and fostering creativity among children aged 2 to 6 years. The applications promote foundational skills in literacy, numeracy, and socio-emotional development, and are targeted at parents and educators in urban and semi-urban regions of India, with an additional focus on Indian expatriate communities in the United States, Canada, and the United Kingdom.In the most recent year, Soniqmantra reported a revenue of INR 101,946.80 and an EBITDA of -692,296. The company employs a subscription-based model, enabling parents to access educational content through monthly or annual plans. This business model allows direct transactions with consumers, with additional revenue generated through partnerships with educational institutions for classroom implementation of their applications.Soniqmantra plans to leverage recent funding from their Series A round in February 2021, which raised INR 161.64 mn, to develop new educational products aimed at expanding their market reach. The company is looking to launch additional features and applications by the end of 2023. Furthermore, there are strategies in place to enter new geographical markets, particularly targeting Southeast Asia and Europe within the next two years, to broaden their impact in early childhood education.

## Funding rounds

- Series A, Feb 16, 2021, $2.2M — Omidyar Network, AKATSUKI Inc., LVX, Better Capital, First Cheque

## Investors

- Omidyar Network (https://capitalatlas.ai/funds/omidyar-network) — Series A
- AKATSUKI Inc. — Series A
- LVX (https://capitalatlas.ai/funds/lvx) — Series A
- Better Capital — Series A
- First Cheque (https://capitalatlas.ai/funds/first-cheque) — Series A