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Edtech soonicorn Brightchamps gives India business a makeover; acquires 90% of learners via schools – Moneycontrol

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Edtech soonicorn Brightchamps gives India business a makeover; acquires 90% of learners via schools – Moneycontrol

 

The company, which was founded in 2020, ran a platform to teach co-curricular skills to kids aged 6-16 in India until the beginning of 2023. This B2C model now only makes up for 10 percent of its India revenue.Mansi VermaBengaluru / November 16, 2023 / 11:24 AM ISTRavi Bhushan, CEO and Founder, BrightchampsEarlier this year, edtech startup Brightchamps, valued at $650 million, had to make a tough decision. The soonicorn (a unicorn expected to reach billion-dollar unicorn valuation in the short term), which was founded in 2020, ran a platform to teach co-curricular skills such as coding, financial literacy, communications and… 

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