Bangalore based learning services company Hippocampus has raised $600,000 from Unitus Seed Fund, Acumen Fund & Lok Capital.
The money raised in the bridge round will be used to expand its learning centers across the country next year. Currently, Hippocampus operates over 100 learning centers in Karnataka.
Last year in February, the company had raised $1.5 mn from Unitus Seed Fund.
Hippocampus setsup community operated kintergarten and after school support centers in villages . Over the next 3-5 years, the company wants to spread out to 3,000 villages, employing 12,000 teachers and reaching out to more than 300,000 children a year.