Creative Galileo Partners with Periwinkle

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Creative Galileo, one of the fastest-growing kids early learning apps today, announced that it has partnered with Periwinkle by Jeevandeep Edumedia, an industry leader with 50+ years of legacy. Periwinkle focuses on creating engaging and thoughtful content for children based on global education standards. Under this partnership, Creative Galileo will have the publishing rights to Periwinkles e-learning content. It will pave the way for an immersive and unique learning experience for kids aged 3-10 while keeping the entire process engaging and fun.Creative Galileo recently raised $2.5 million in seed funding led by Kalaari Capital and other angel investors, making it the first company to be backed by Kalaaris venture flagship CXXO programme for women founders. The worlds leading startup research firm, HolonIQ, recently listed Creative Galileo on their annual list of the 100 most promising EdTech startups from India & South Asia.Commenting on the announcement, Prerna A Jhunjhunwala, Founder, Creative Galileo, said, “We are excited to have Periwinkle onboard with us. This partnership will cater to the ever-growing demand for high-quality video content for kids. Our goals are aligned as we want kids to acquire knowledge and skills from every video they watch or game they play on our app. Our strategy is to continue partnering with the top content players in India and worldwide to offer the best learning experience to our young audience and make learning fun for them.”Speaking on the partnership, Parin Furia, Director, Jeevandeep Edumedia, said, “With this partnership, we are excited to extend our reach, reaffirming our commitment to make learning in the new world more accessible. Like us, Creative Galileo understands how important knowledge and creativity are for every childs journey. Together we can nurture the young minds of today, building a brighter and better tomorrow.”With over 4 million downloads of the e-learning app, Creative Galileo has tie-ups with Big Animation, Amar Chitra Katha, Periwinkle, Shermaroo, Toonz Animation, and others, providing content, gamification, and interactive learning journeys for children. With Indias first-of-its-kind character-based e-learning app, the EdTech company aims to become a metaverse of kids favourite characters that will help them strengthen their core in foundational years through engaging gamified content.About Creative GalileoCreative Galileo is a new-age EdTech start-up transforming early learning globally for children from three to ten years. Creative Galileo’s ‘Kids Early Learn App’ is the first-of-its-kind Indian character-based app that aims to leverage technology to emphasize personalized needs, inquiry-based learning methods, and experiential activities, resulting in a fun, interactive curriculum. Since its inception in July 2020, the e-learning app has recorded over 4 million downloads and over 5,00,000 Monthly active users.About PeriwinkleIn the wake of globalisation, Jeevandeep Edumedia introduced its brand Periwinkle in the year 2008 with an aim to expand its horizons to newer international educational methods, practices and approaches. With more than 1700 running book titles published for Kg – Grade 10, they aspire to introduce the students to these international standards of learning that will help lay their foundation and expose them to the global trends of education. Periwinkle’s YouTube channel ‘Periwinkle kids’ with 1 Million+ subscribers is an enriching and self-paced comprehensive learning tool for children all around the world.

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Share Market Closing Bell: Nifty ends below 16,100, Sensex falls 303 pts

Share Market Closing Bell: Nifty ends below 16,100, Sensex falls 303 pts

Dalal Street found no relief with incessant sell off during the month. Nifty traded on a bearish note and ended at 16025.80 with loss of 99.35 points or 0.62 percent following weak global cues on Wednesday. While Banknifty closed at 34339.50 on the higher side with marginal gain of 49.35 points.

bhaskarlive market closing

The weakness in US stocks is playing out globally with signs of higher inflation, which has spoiled investors’ appetite for the Indian market as well. Rising India VIX to 25.28 has led Indices to big intraday swings on both sides. Sectorally maximum sectors closed on the negative side as Nifty IT and Nifty Media sheds more than 3 percent each. While Nifty Financial Services ended on a positive side gaining 0.68 percent.

In nifty stocks, NTPC, HDFCLIFE, SBILIFE were the top gainers while ASIANPAINT, ADANIPORT and TECHM were the prime laggards. Coming to the OI Data, on the call side highest OI witnessed at 16200 followed by 16300 strike price while on the put side, the highest OI was at 15800 strike price. Technically, Nifty has formed three black crow patterns in the daily chart suggesting bearishness would remain intact. We expect a rise in volatility as well on monthly expiry day.

Riding against the trend may not be beneficial for short term traders. All major moving averages are lying above 16300 levels. Indicators such as MACD and RSI are still struggling to overcome the oversold zone in the daily time frame. Overall, Nifty is having support at 15800 mark while on the upside 16300 may act as an immediate resistance for monthly expiry. While Banknifty has support around 33500 while resistance is placed at 35200 on the daily chart.

Om Mehra
Research Associate
Choice Broking

Source: Choice India