IKidz Education announces a growth target of doubling its scale for the fiscal year 2024, platform claimed to achieve 39% profit in 2023. Founded in 2012, Ikidz is a preschool, integrating Augmented Reality (AR) into early childhood education through our proprietary app, as per the official announcement from the platform.
Further, the platform claimed that in FY23, IKidz Education had a 63% growth rate, establishing five new regional offices across India in Lucknow, Noida, Bangalore, Dehradun, Punjab and Chennai. It further claimed to expand its team, employing over 100 professionals and dedicated efforts to nurture the minds of more than 2000 children.
“Our vision has always been to elevate early childhood education, and our commitment to excellence is reflected in our strategic goals. Striving for a 2x growth in FY24 underscores our commitment to excellence and our profit number in 2023 reflects the positive impact of our educational approach,” Dhruv Ahuja, CEO and founder of IKidz, said.
As per the platfroms, in 2023, IKidz expanded its footprint by launching 43 new schools nationwide. The company tapped into new regions, including Bangalore, Gujarat, Himachal Pradesh, Vizag and Hosur.
Also, IKidz is set to unveil its student assessment app, IKidz Smart, designed to improve the way parents and teachers monitor a child’s developmental journey. This app aims to provide a comprehensive platform for tracking and assessing a child’s progress, fostering a collaborative approach between home and school.