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    Planet Spark

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    Mo
    PlanetSpark is an online learning platform that provides live online classes in English communication, public speaking, creative writing, and other skills to K-8 learners through powerful technology. It aims to make traditional tutoring obsolete by offering quality education to children from home. The startup has raised $14.2M total and grown 40% monthly. It aims to reach $50M annual recurring revenue by expanding globally to develop 21st century skills in kids and young adults.

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    Planet Spark

    Uploaded by

    Mo
    18 views6 pages
    PlanetSpark is an online learning platform that provides live online classes in English communication, public speaking, creative writing, and other skills to K-8 learners through powerful technology. It aims to make traditional tutoring obsolete by offering quality education to children from home. The startup has raised $14.2M total and grown 40% monthly. It aims to reach $50M annual recurring revenue by expanding globally to develop 21st century skills in kids and young adults.

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    PlanetSpark is an online learning platform that provides live online classes in English communication, public speaking, creative writing, and other skills to K-8 learners through powerful technology. It aims to make traditional tutoring obsolete by offering quality education to children from home. The startup has raised $14.2M total and grown 40% monthly. It aims to reach $50M annual recurring revenue by expanding globally to develop 21st century skills in kids and young adults.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    18 views6 pages

    Planet Spark

    Uploaded by

    Mo
    PlanetSpark is an online learning platform that provides live online classes in English communication, public speaking, creative writing, and other skills to K-8 learners through powerful technology. It aims to make traditional tutoring obsolete by offering quality education to children from home. The startup has raised $14.2M total and grown 40% monthly. It aims to reach $50M annual recurring revenue by expanding globally to develop 21st century skills in kids and young adults.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    of 6

    Planet Spark

    PlanetSpark is an online learning platform for children to learn and


    develop 'new age' skills through live classes. It is an edtech startup
    which is backed by one of India's top coaching institutes FIITJEE,
    Indian Angel Network, Hyderabad Angels and Lead Angels.

    The platform leverages powerful technology to provide live online


    classes to K8 learners on English Communication, Public Speaking,
    Creative Writing and other 'new age' skills.

    PlanetSpark is on a journey to make the traditional and unorganized


    tuitions obsolete through its virtual classroom. It aims to provide
    quality education to your child just by sitting at home. No need to
    travel long distances to take classes.

    PlanetSpark ensures enhancing fluency, develops confidence and


    makes your child creative.

    Students have access to recorded lectures and they can learn


    everything at their own pace.
    It provides one-to-one classes to students which increase the
    efficiency of learning and students can get their doubts resolved more

    properly.

    Financial Achievements
    PlanetSpark has raised a total of $14.2M in funding over 3 rounds.

    PlanetSpark has made 3 investments and the most recent investment


    was on Feb 28, 2022, when SpaceAge Labs raised SGD1.7M.

    Growing 40% every month.

    Between 2020 and 2021, it has grown 12.5X in terms of ARR (annual
    recurring revenue.

    The edtech startup aims to touch $50 million ARR by the end of the coming
    fiscal year (FY23). The growth is expected to be further accelerated by its
    global expansions lined up for 2022.

    Planet spark is looking to scale across new categories and geographies, to


    take up a dominant position as the global leader in developing communication
    and other 21st-Century Skills — amongst both kids and young adults

    The startup is looking at another 10-12X growth in the near future.


    The global market for communication skills is over $80 billion and the
    founders claim that it’s still largely untapped. Claiming itself as a category
    creator in the communication skills for kids segment, Kunal Malik, Founder of
    PlanetSpark states 40-45 percent of the company's revenue comes from
    international markets including North America, Europe, the Middle East, and
    Australia.

    Important Points about Planetspark:


    1. Series A funded.
    2. Lectures by top educators.
    3. Currently operational in 13+ countries and more into account for
    the future.
    4. Growing efficiently at the rate of 40% every month.
    5. Sub funding sources are FIITJEE, Indian Angel Network,
    Hyderabad Angels and Lead Angels.
    6. Seeds are by FIITJEE.
    7. Currently we are a team of 600+ employees and 800+ teachers.
    8. Once enrolled, recorded sessions are available.
    9. One-to-one classes and doubt clearing sessions.
    Features of Planet spark
    1. Create confidence among students and therefore transform
    overall personality
    2. Taught by top educators
    3. Brings students together from all over the world which builds
    competitive behavior
    Value based and comprehensive education system has led to
    enrollment of 1 million classes from over 13 countries
    Scope of curriculum :

    PlanetSpark
    1.Vision
    Is to be global market leader in communication skill Development for
    kids by 2023.
    2. Mission
    Is to build a generation of confident public speakers and creative
    writers.
    3. What do we do
    We conduct live 1:1 classes on public speaking and creative writing
    for kids aged between 4-16.
    4.Ambition
    Is to be the Global Market Leader in communication skills learning by
    2023.
    5.New Age Curriculum will take us to
    .Poetry, Debate, story telling, Standup comedy, Podcasting

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