Fireside Ventures leads Magic Crate funding

MUMBAI: Early childhood learning brand Magic Crate has raised an undisclosed amount of capital in its third round of institutional funding led by consumer- focussed venture capital firm Fireside Ventures.

The current round also saw participation from existing investor 3One4 Capital.

The Bengaluru-based company offers a subscription-based enquiry and play-based programme for early childhood learning at home. The subscription plan includes a crate consisting of hands-on activities for kids aged between 1.5 to 13 years. The subscription is available for 3 months, 6 months or 12 months and consists of relevant learning material and toys for children.