India’s Newest Startup StayQrious Gets Investment From World’s Leading Edtech Investors, Announces $2M In Seed Funding
New Delhi: StayQrious, an edtech startup building a revolutionary online education system to enhance students’ 21st century skills and STEM foundations, emerged out of stealth mode today and has announced approximately $2M in seed funding from some of the world’s leading early-stage investors. Backers include Learnstart, the dedicated seed fund of Learn Capital, the world’s foremost edtech focused investor, and other global investors such as Draper Associates, Y Combinator, Nitin Sharma (First Principles VC), Lavni Ventures, and Dream Incubator (Japan).
The founding team behind StayQrious brings over 7 years of experience dedicated to the most powerful learning content and online pedagogy, having held leadership roles at organizations such as Byju’s and Khan Academy. StayQrious is pioneering a unique approach to teach core STEM subjects like science and math through the joy of coding. With a major focus on experiential learning, social thinking and applicability, it strives for a major overhaul of the existing education system, which is largely based on archaic curricula and teaching methods.
Speaking about the inspiration behind the company, Aanand Srinivas, Founder and CEO, said:
“When I was in the US, I saw that while I could solve a physics problem faster than anyone else out there, no one had ever prepared me in my life for a question like, “If you had $15M dollars and 2 years time, what ambitious problem will you work on?”. That’s when I realised our education system trains us from a young age just to be obedient executors of other people’s ideas, not to come up with our own original ideas. I started StayQrious with the vision of using school subjects as a means to teach our next generation the skills and attitudes that will make them ambitious innovators rather than obedient executors.”
“We enable leaders and innovators of tomorrow with skills and attitudes that schools don’t teach and exams never test. With our new methodology of social learning guided by a motivating ‘learning coach’, children are learning subjects as if they are playing a team sport and are enjoying the process of learning like never before.” he added.
The StayQrious learning environment is designed by dedicated ‘Learning Engineers’ and is based on principles of cognitive science and behavioral economics. With a 1 to 6 ratio that mimics a real world meeting room, students are taught essential 21st century knowledge, skills, and mindsets. With the world moving towards digitization, StayQrious will also make students future-ready by teaching them coding for the new world.
“StayQrious is an all-star team led by CEO Aanand who helped build BYJU’s and Khan Academy India right from the early days. Now, by incorporating social learning and live coaches, StayQrious is set to bring about a 10x more effective and engaging way to learn any subject in India”, as per Daniel Sanhyoon Kim, early stage investor at Draper Associates.
Commenting on the investment, Nitin Sharma, angel investor (First Principles VC), added, “We were blown away by the StayQrious team’s passion for the world’s highest quality content and pedagogy, which is also reflected in the following they have earlier built among millions of students. I believe their unique approach to social learning will provide students (and parents) the best experience in strengthening STEM foundations.”