Risers Accelerator, Delhi-based conglomerate of 35 entrepreneurs from diverse backgrounds, has invested INR 50 lacs in NuNu TV, is a YouTube channel gaining immense popularity among kids by Sprout Studios.
Risers Accelerator has been aggressively promoting start-ups with good business potential and positive social impact since its inception. NuNu TV, which is a free-to-subscribe YouTube channel helps kids to learn and watch quality educational and moral content perfectly met the funding parameters of Risers.
Founders and promoters of NuNu TV believe that the funding from Risers will help them to focus on quantity as well as the quality of their video content which they develop to improve the learning of their young viewers with a wholesome blend of knowledge and entertainment.
On raising funds from Risers Accelerator, Rahul Rohilla, CEO of Sprout Studios said, “We educate kids in a highly entertaining manner to enhance their digital learning. Watching our animations, they enjoy, have fun, sing, and dance along with peers and siblings. But, generating creative content in large volumes requires larger infrastructure and team. Now, we can think about extending our reach by making animations not only in Hindi or English but also in the other regional languages of India.
While choosing Sprout Studios as a promising investment option, Pravin Khandelwal of Risers Accelerator said, “The investment in this company is a reflection of our policy to provide support to all sectors. We want to accelerate start-ups that have good business potential. The underlying philosophy is to give a helping hand to people who have bright ideas and can transform the business industry. If these start-ups are promoted they will generate employment that will help the economy grow.”