Summary:
Noida-based edtech startup Aviotron Aerospace secures INR 4.96 Cr ($600K) in Pre-Series A funding led by Enrission India Capital, bolstering its position in the education technology sector. Founded in 2019, the startup aims for nationwide expansion, offering experiential learning solutions to K-12 students across India.
Noida-based edtech startup, Aviotron Aerospace, makes waves with a successful fundraising endeavor, securing a significant INR 4.96 Cr ($600K) in its Pre-Series A round. The investment, spearheaded by Enrission India Capital, catapults Aviotron Aerospace into the limelight, cementing its position as a rising star in the education technology sector.
Aviotron Aerospace Secures INR 4.96 Cr in Pre-Series A Round Led by Enrission India Capital
Empowering Youth Through Experiential Learning
Founded in 2019 by Vaishnav C, Ashish Kumawat, Neha Chauhan, and Nitin Choyal, Aviotron Aerospace pioneers experiential learning for K-12 students in collaboration with schools. With a combined expertise spanning over 15 years in Aerospace, Mechanical technologies, and K-12 education, the startup is committed to equipping students with essential 21st-century skills.
Expansion Plans and Ambitions
Buoyed by the recent funding injection, Aviotron Aerospace sets its sights on nationwide expansion. Already having partnered with 65 schools across 15 states, the startup aims to extend its reach to schools in all 28 states of India by the end of 2024. The venture seeks to empower a broader spectrum of students with innovative STEAM-based learning solutions.
Transformative Offerings and Revenue Model
Aviotron Aerospace’s flagship product, AeroBay, has rapidly gained traction since its launch in Jaipur, Rajasthan. By offering tailored programs to schools at a fee of INR 8,500 per student per annum, the startup has generated significant revenue, targeting a substantial increase in earnings for the year ahead. With contracts signed with over 100 schools, Aviotron Aerospace is poised for exponential growth in the coming years.
Path to Success: From Seed Funding to Post-money Valuation
Having previously secured INR 2 Cr in seed funding in 2022, Aviotron Aerospace’s latest funding round underscores its remarkable journey. The startup’s valuation, now pegged at INR 70 Cr post-funding, attests to its potential and market relevance.
Charting a Course for Educational Innovation
As Aviotron Aerospace embarks on its expansion journey, the startup emerges as a beacon of innovation in the realm of educational technology. With a steadfast commitment to empowering students and revolutionizing learning experiences, Aviotron Aerospace is poised to make significant strides in shaping the future of education in India and beyond.
