EdTech Startup Tinker Coders raises undisclosed amount of funding from its parent company, STEMROBO Technologies
New Delhi: Tinker Coders, an online coding platform for K-12 students, has raised an undisclosed amount in the seed funding round from its parent company, STEMROBO Technologies, an EdTech company, providing one-stop learning solutions in STEM and Robotics to K-12 Students. The funding is led by Anurag Gupta and Rajeev Tiwari, Serial Entrepreneurs and Co-Founders, STEMROBO Technologies.
Tinker Coders plans to use the funds to expand its services in the Indian and International markets. The online coding company also looks forward to providing services to Indian rural areas by giving them access to smartphones or laptops. The company’s objective is to create awareness around ‘Learn through Coding,’ which helps students to elevate core skills like Logical thinking and creativity. Also, it gives them the motivation to solve real life-based problems.
Founded in March 2020 amidst pandemic, Tinker Coders provides 21st-century ideal education solutions to K-12 students and their parents. Till now, the company has crossed more than 250,000 subscribers and extended to more than 40+ countries, including The United States, United Kingdom, UAE, India, Australia, Singapore, Kenya, Ghana, Saudi Arabia, South Africa, Bahrain, Sri Lanka, Nepal, Mauritius and Japan. The company offers online coding programs centred around technologies like Artificial Intelligence & Python, Block-Based Coding, Mobile Application Development, 3D designing, Arduino Programming, Electronics & Robotics etc.
Talking about the investment, Anoop Gautam, CEO & Co-Founder, Tinker Coders, said, “Our vision is to build an ecosystem to make coding a crucial tool where kids become smart in their academics and solve real-life based problems. Through this seed funding round, we are looking forward to expanding our operations in 50+ countries and growing our educator’s network where students will also be able to learn by doing through STEAM-based kits. We aspire the kids to go Beyond Coding and become a problem solver.”
He added, “We are delighted to receive the initial support from STEMROBO, adding to the fuel of our growth. We hope that we can help students get ready for any field they choose and reach the zenith of success through our innovative solution.”
Anurag Gupta, Co-Founder & Director, STEMROBO Technologies, said, “I firmly trust in Tinker Coders’ immense potential to drive the coding market. Their increasing subscribers and presence in countries across the globe in just a few months show the credibility towards their work ethics. Also, the investment made is in support of their innovative ways of fostering important skills in k-12 students.”
He further added, “Providing an early age skill-based knowledge to the k-12 kids and that too in regional languages is exponential. The company stands in full support of Tinker Coders to see its growth in the next few years.”
The company targets a revenue of USD 250 million in 5 years through aggressive market expansion across India. Recently, the company has also witnessed a 200% demand in AI, Python and Coding courses on their platform. The demand persists among the students of age groups between 6 to 18 years.