Last year, Flinto generated revenue worth Rs 35 crore. The startup has made no-cost EMI options available for parents as well. The annual subscription fee is Rs 40,491 (upfront) or Rs 2,349 per month. Parents can avail boxes for only one term, or three months for Rs 13,497 (if paid upfront) or Rs 4,499 per month. The startup’s revenue model replaces the preschool fees, where parents pay term by term. The startup said it will use the funds to strengthen its supply chain for expansion and distribution of across the globe. In July this year, Flinto raised $7.2 million in its pre-Series B round led by Lightbox Ventures. In fact, the company says that despite the pandemic, there was no dip in the number of orders placed. Flinto used its secondary warehouses and that eased the challenges to an extent. “Over the last seven years, we have witnessed that our team has a knack of coming up with innovative solutions when the roads get tough,” he adds. Earlier, in 2015, the startup’s warehouse got flooded, and again in 2016, the Vardah cyclone had affected its operations. However, this was not the first time Flinto was facing a roadblock. Flinto did not register any revenue in April 2020. Our business took a hit,” Arunprasad says. “With the main warehouse being closed, the delivery of products was affected. The logistics market came to a standstill and the movement of only essential items were allowed.
Satna-based BharatClass enables classroom teachers to set up virtual institutions in 30 secsĭuring the nationwide lockdown, while the startup was preparing the launch of it faced another challenge. It focusses on language and literacy development, cognitive development, and creative expression.
All the materials, along with lesson plans and a dashboard to track a child’s progress, is delivered at the doorstep of users. According to the team, works like a replacement for regular preschools. This led Flinto to launch a new product to keep its business going during the pandemic. More parents approached us for meaningful engagement of their children, which instilled hope in us,” Arunprasad says. And with more children stuck at home, “We experienced an unprecedented demand for our products during the COVID-19 lockdown. However, with the outbreak of the COVID-19, preschools were shut down to contain the spread of the virus. In 2017, the startup launched Flintoclass - a preschool system that delivers early learning experiences in a classroom setting - irrespective of whether the class is under a tree of state-of-the-art preschool. In the last seven years, the startup has yielded two products - Flintobox and Flintoclass.įlintobox is an extra-curricular innovation that focusses on 16 key fundamental skills through unstructured play. Hyperactive kid at home? Flinto has got just the thing for youįlinto was founded in September 2013 by Arunprasad, Vijay Babu Gandhi, and Shreenidhi Srirangam to change the way children between ages two and 12 learn. We believe there is no replacement for hands-on-tools when it comes to early already has one lakh-plus customers across the country, and the team claims the number is doubling every 10 days.
Excess screen time can be detrimental to their health. In a conversation with YourStory, Co-founder and CEO Arunprasad Durairaj, says, “While online education for children above the age of six is permitted, the challenge arises for those below six years of age. The solution is focussing on making children school-ready from the safety of home. The startup launched a preschool system providing structured early learning to children, in June 2020. While edtech companies are making the most of these unprecedented times and helping schoolchildren continue their education from the comfort of their home, preschool children are not sitting ideal either.Ĭhennai-based Flinto Learning Solutions was quick to identify the gap left behind by edtech giants in the preschool segment during the pandemic. The pandemic has got children across the globe locked in their homes.
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