Supernova, a startup that offers interactive live quizzes on CBSE topics to kids, on October 13 said that it has raised $1.1 million funding led by Lumikai, a gaming and interactive media-focused venture capital firm.
The financing round also saw participation from Kae Capital, All-in Capital, Goodwater Capital and angel investors such as Swiggy co-founders Nandan Reddy and Phani Kishan, PayU founder Nitin Gupta, former Gaana chief executive Prashan Aggarwal and Moonfrog Labs founder Tanay Tayal.
Started by Maharishi RB, Anirudh Coontoor and Nawin Krishna, Supernova's live quizzes allow students to learn and practice a math skill in daily 30 minute sessions. These skills are based on the CBSE curriculum for classes 1-8.
The sessions are split into three parts - an initial learning time where a facilitator teaches a math skill to kids over Zoom, following which kids can practice the concept on Supernova platform and then participate in live quizzes.