Karadi Path raises $2.3 million

Karadi Path Education Company, provider of English language learning services, has raised $ 2.3 million in a Series A round of equity capital from the Pearson Affordable Learning Fund (PALF) and the existing investor Aavishkaar India II Company, Unitus Capital. It plans to use the funds to upgrade their product portfolio to better serve both older age students (high school, college and adult skill development) and younger age students (preschool). Karadi Path is currently being used by over 1,000 schools reaching over 200,000 students. While the current focus is English language learning, the pedagogy is being applied to develop programmes for other languages as well.