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Indian edtech startup Kreedo secures $1.2m debt funding
Kreedo Early Childhood Solutions, a Bengaluru-based edtech startup, has acquired 10 crore rupees (around US$1.2 million) in debt funding from Recur Club.
The investment includes a mix of short-term and long-term debt, using secured and unsecured instruments.
The company’s co-founder, Manikandan Krishnan, said the funds would assist in expanding operations and managing working capital.
Founded in 2012 by Manikandan Krishnan and Mridula Shridhar, Kreedo provides early learning solutions to affordable private preschools and schools across India.
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