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Skillmatics Nears $75 Million Funding Round from Premji Invest, ChrysCapital, A91 Partners
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Moneycontrol•21-09-2026, 08:22
Skillmatics Nears $75 Million Funding Round from Premji Invest, ChrysCapital, A91 Partners
- •Skillmatics, an educational games and toys startup, is in advanced talks to raise $60-75 million (Rs 600-700 crore) in a new funding round.
- •Premji Invest, ChrysCapital, and A91 Partners are among the potential investors, valuing Skillmatics at $400-420 million (Rs 3,800-4,000 crore).
- •The funding includes $18-20 million in primary capital for new product development (pretend play, plastic toys) and $42-52 million in secondary sales for early investor exits.
- •Peak XV Partners is expected to sell approximately Rs 400 crore worth of shares, while retaining a significant stake.
- •This marks Skillmatics' largest fundraise, following an eight-fold revenue growth since its last funding in 2022, with FY26 sales of Rs 660 crore and profitability.
Key Questions Answered
Skillmatics is in advanced talks to raise around Rs 600-700 crore ($60-75 million) in a fresh funding round, with negotiations valuing the company at approximately Rs 3,800-4,000 crore ($400-420 million).
Premji Invest, ChrysCapital, and A91 Partners are among the investors participating in talks for this funding round.
Around Rs 175-200 crore will be deployed as primary capital for new product lines and expansion, while Rs 400-500 crore will come from secondary share sales, including a major stake sale by Peak XV Partners.
