Aavishkaar and Pearson Affordable Learning Fund Invest US$2.3 Million in Karadi Path (Asia)

Source: Pearson, VCCircle  |  Author(s): Ishaan Gera

South- and Southeast Asia-focused impact fund advisory firm Aavishkaar and Pearson Affordable Learning Fund, the impact investing fund of global education company Pearson, have invested US$2.3 million in a Series A financing round for India-based English language learning company Karadi Path. Aavishkaar’s investment was structured through Aavishkaar India II. Karadi Path plans to use the new capital to expand into early childhood and college-level education and leverage new technology.