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Havish Gupta

Figuring Out • 1y

Unique Startup Stories (11/20) Meet Skillmatics, an educational toy company funded by "Sequoia Capital". ABOUT IT • It was founded in 2016, by Devanshi Kejriwal and Dhvanil Sheth in Mumbai. • It creates educational games for children in pre-school and primary school so that a kid can can learn even while playing. • There products are available across 15,000 stores and have sold over 70 Lakh products. PRODUCTs They have variety of toys and below are the bestsellers 1) Picture story book made from cloth 2) Puzzles 3) Guess in 10, a card game (award winning) REVENUE 23-24: ₹400 Crore (target) 22-23: ₹188 Crore 21-22: ₹40 Crore 20-21: NA 19-20: ₹50 Crore It is profitable but numbers aren't available FUNDING It has raised total of $26.8 Million with $128 Million Valuation in 4 Rounds and its leading Investor is Sequoia Capital and Sofina Ventures. It has about 167 Employees. Why do you think was special in it that even Sequoia Capital funded it?

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