Skillmatics has raised $16 million in Series B funding, led by Sofina with participation from existing investors, Sequoia Capital India, and Jalaj Dani Family Office.
The funds raised will be used to strengthen Skillmatics' presence in the US, expand the brand's product offerings to new age groups and product categories, scale up its presence in new international markets and make strategic acquisitions in adjacent categories.
This fundraising gives them the fuel to build new capabilities, grow their team across the offices in the US and India, expand their reach, and take one step closer to building an iconic brand that is loved by families around the world.