<ul data-eligibleForWebStory="true"><li>AI-powered childcare management startup illumine has raised $2.5 Mn in a seed funding round led by Prime Venture Partners.</li><li>The funding will be used for product development and global expansion, focusing on innovation and supporting childcare businesses.</li><li>illumine offers an AI SaaS platform tailored for childcare, solving operational challenges with its system used by 3,000+ centers in 56 countries.</li><li>The startup was founded in 2018 and has received $800K in angel investment to date.</li><li>The investment in illumine comes amid the slow revival of the edtech sector, which faced challenges in 2022.</li><li>Indian edtech startups raised over $568 Mn in 2024, showing investors' interest in the sector driven by AI adoption.</li><li>Karnataka has become a hub for edtech with startups like Vedantu, Cuemath, and Leap Scholar, benefiting from the state's tech ecosystem.</li><li>Inc42 predicts a potential decline in edtech funding to $400 Mn in 2025, reflecting cautious investor sentiment.</li></ul>

AI-Powered Childcare Management Startup illumine Bags $2.5 Mn

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