# Winspark Innovations Learning Pvt.

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/winspark-innovations-learning-pvt

- Industry: Software
- Headquarters: Gurugram, India
- Website: www.planetspark.in
- Total disclosed funding: $14M
- Latest round: Series B (Dec 7, 2021)
- Investors on record: 5

## About

Winspark Innovations Learning Pvt. Ltd. is an educational company specializing in enhancing communication skills through live, interactive classes for various age groups, focusing on public speaking and creative writing.Founded in 2017, Winspark Innovations Learning Pvt. Ltd. operates under the brand PlanetSpark, headquartered in Gurugram, India. The company positively shifted its strategy to focus on live educational services and has secured funding through multiple rounds, with the latest being a Series B round in December 2021, raising USD 13.5 mn led by Prime Venture Partners. The founders, Kunal Malik and Maneesh Dhooper, have a history of entrepreneurial ventures, contributing to the company's growth trajectory.PlanetSpark specializes in live, one-on-one public speaking and creative writing classes tailored for children and adults. The company's core offerings include comprehensive programs in public speaking, creative writing, and English communication skills, designed to enhance critical 21st-century skills such as effective communication, creativity, and confidence in public speaking. The platform serves children aged 4 to 14 and adults in various geographical markets, including the United States, Canada, and the United Kingdom, facilitating peer-to-peer engagement for interactive learning.In the most recent year, 2023, PlanetSpark reported a revenue of USD 5,283,196.40, with an EBITDA of USD -10,718,194.50. The revenue model primarily consists of direct-to-consumer transactions for its educational services, allowing flexibility for families and professionals through subscription-based and individual session formats.Winspark Innovations Learning Pvt. Ltd. plans to utilize the funds raised in December 2021 for product development, hiring senior leadership, and global expansion. The company is focusing on launching new educational products in the near future, targeting new markets in Europe and Asia by 2024 to further enhance its international presence.

## Funding rounds

- Series B, Dec 7, 2021, $14M — Prime Venture Partners
- Seed, Feb 5, 2020, $0.6M — FIITJEE Limited, Indian Angel Network, Hyderabad Angels, Lead Invest

## Investors

- FIITJEE Limited — Seed
- Indian Angel Network (https://capitalatlas.ai/funds/indian-angel-network) — Seed
- Hyderabad Angels (https://capitalatlas.ai/funds/hyderabad-angels) — Seed
- Lead Invest (https://capitalatlas.ai/funds/lead-invest) — Seed
- Prime Venture Partners (https://capitalatlas.ai/funds/prime-venture-partners) — Series B