Business Standard

Skillmatics raises $16 mn in series B funding round led by Sofina

Operating in a $100 billion global toys and games market, Skillmatics designs content-led games and play centric learning resources.

money, cash, investment, stocks, tax, funds, investors, investment, shares, lenders, lending, loans, funding
Premium

BS Reporter Mumbai
Skillmatics, a global brand for children’s educational games and resources, has raised $16 million in Series B funding, led by Sofina with participation from existing investors, Sequoia Capital India and Jalaj Dani Family Office.

The funds will be used to strengthen Skillmatics' presence in the US, expand the brand's product offerings to new age groups and product categories, scale up its presence in new international markets and make strategic acquisitions in adjacent categories.

“Parents today want to provide their children with meaningful play experiences that drive social interaction and build formative skills. This fundraise gives us the fuel to build

What you get on BS Premium?

  • Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • Pick your 5 favourite companies, get a daily email with all news updates on them.
  • Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • Preferential invites to Business Standard events.
  • Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
VIEW ALL FAQs

Need More Information - write to us at assist@bsmail.in