Founding Years Learning Solutions Raises $16 Million in Series-B Funding from Peepul Capital

Bengaluru: Founding Years Learning Solutions Pvt Ltd, a Bangalore-based company that runs 2 brands, KLAY SCHOOLS and The Little Company – India’s largest chain of premium company owned company operated day care centers, announced today the completion of its Series-B financing totalling $16 Million. The latest round of funding is led by Peepul Capital LLC. The company had already raised $6 million from Kaizen Private Equity in 2013 who continue to remain invested.

The investment will be used to cement KLAY SCHOOL’s leadership position and fuel its robust growth in India and abroad. KLAY SCHOOLS has over 2000 enrolments across Bangalore, National Capital Region, Mumbai and Hyderabad. In addition to a wide footprint of retail centers, KLAY SCHOOLS has among its corporate customers, bluechip clients across multiple sectors such as Technology, FMCG and Financial Services.

Speaking on the fresh round of investment Priya Krishnan, CEO, Founding Years said, “KLAY SCHOOLS is all set to enter a faster lane of growth. We have constantly worked towards encouraging women to get back into the workforce by giving them a safe, caring and nurturing environment to which they can entrust their children, and our efforts have met with resounding success. With the endorsement we have received from parents and corporates, we are confident of scaling this model in other geographies.”