Flinto, a maker of educational activity kits for children, has raised $ 300,000 from a consortium of investors led by GSF to expand marketing and operations. The other investors include Globevestor, a global online venture capital platform based in San Mateo in California, Asian Ecommerce Alliance GmBH and People Group, which runs Shaadi.com.
The Chennai-based company’s product called Flintobox is a theme-based activity box for 3-7 year old children, addressing cognitive, motor, creative, social and language skills. Every month, a fresh activity box is created with a new theme and sent to subscribers. Flinto, founded last year, started with 50 subscriptions for its boxes and now ships 1,500 boxes to 230 locations in India.
Source: Economic Times
Venture Intelligence is the leading provider of data and analysis on Private Company Financials, Transactions (private equity, venture capital and M&A) & their Valuations in India. Click Here to view our products list including the Free Deal Digest Weekly: India’s First & Most Exhaustive Transactions Newsletter.
