Founding Years’ flagship brand, KLAY Schools, has established over 41 day care centres that function on-site or near work sites in four Indian cities. With a professional management at the helm, the company has created a templatised model that offers seamless service, agnostic of location and geography, making it easier for mothers to get back to work
As the mother of a four-year-old, I’ve gained tremendous respect for my fellow parents as the struggle (alongside the joy, of course) of raising a child in this world is very real. Clearly, I’m not the only one, as people have taken to social media like never before to stop the slew of social judgment and more importantly, display an empathy towards every mom (and dad, if I may add) that exists; the stay-at-home mom, the working mom, the work-from-home and any other category I might have omitted. “Despite the urbanisation of India there are few support structures for nuclear families, especially, for working women,” rues Priya Krishnan, founder-CEO, Founding Years Learning Solutions Pvt. Ltd. (Founding Years). Women in India represent only 24 per cent of the paid labour force, as against the global average of 40 per cent, according to a recent McKinsey Global Institute report. Krishnan, who returned to India after having spent over five years in the U.K., sought to set right the situation and contribute towards encouraging mothers to go back to work. Founding Years is the parent company of KLAY Schools, a chain of day care centres cum preparatory schools, with a presence in four Indian cities. Today, there are 41 KLAY Schools spread across Bengaluru, Delhi-National Capital Region, Mumbai and Hyderabad that offer day care, toddler schooling, Kindergarten-1, Kindergarten-2 and after school care.
In June 2016, the company received its Series-B worth US $16 million in a round led by Peepul Capital with participation from existing investors, Kaizen Private Equity. With these funds, Founding Years aims to establish KLAY Schools in Chennai and Pune, and look further to tap the potential of Singapore and Dubai, possibly by the end of this fiscal.
Taking a professional approach
Bu hikaye The SmartCEO dergisinin September 2016 sayısından alınmıştır.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber ? Giriş Yap
Bu hikaye The SmartCEO dergisinin September 2016 sayısından alınmıştır.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber? Giriş Yap
Filling In Two Cheque Books
Roopa Kudva nearly celebrated a silver jubilee at CRISIL before she assumed her role as the leader of impact investment firm, Omidyar Network India. At Omidyar, parallel efforts to invest in impact-driven ventures in both not-for-profit and for-profit companies is at the core of its investment philosophy.In this chat with The Smart CEO, Roopa touches upon Omidyar’s strategy to pick and choose the right companies to bet on, alongside the factors that have contributed towards making her an impactful leader
Are You Listening To Your Machines?
Augury Systems envisions taking predictive maintenance from large, niche market players to lower end markets by offering it as a SaaS-based solution. The company has developed two solutions, Auguscope Portable Diagnostics, and Halo Continuous Diagnostics, to diagnose machines based on the sounds they make.
Building A Bootstrapped Ed-Tech Venture
The founders of Edureka had a simple thought while setting up the company: Find the right teacher, and any course will automatically be effective.
Insurance for the Digital Age
Accel & SAIF-backed Coverfox is making deft moves at keeping its platform digital-ready for the Millennial generation. It’s success strategies? Simplicity of product and platform which result in speedy navigation & transactions, and a paced foray into commercial car insurance for the Ubers & Olas of India.
Differentiating In The Cluttered World Of Fashion E-Commerce
UK-based online fashion brand, Koovs, wants to stand out amidst the ecommerce crowd by offering affordable western fashion sensibilities. The company’s CEO, Mary Turner, is clear that she’d have done well, if she occupies even 10 per cent of the Indian fashion ecommerce market, within a few years.
A Peek Into Chaayos' Strategy
Nitin Saluja and Raghav Verma, the founders of Tiger Global-backed Chaayos, give us a glimpse into their strategy and why attention to the finer nuances of operations is at the centre of their efforts
It's A Mom's World
Founding Years’ flagship brand, KLAY Schools, has established over 41 day care centres that function on-site or near work sites in four Indian cities. With a professional management at the helm, the company has created a templatised model that offers seamless service, agnostic of location and geography, making it easier for mothers to get back to work
The IPO Story
The journey of three entrepreneurs from the ideation phase to scaling up and, eventually, a listing in the public markets.
The Idea Issue
5 Rapidly Scaleable Business Ideas for the Entrepreneur in You
Anecdotes From This Investor-turned-entrepreneur
In an interview with Smart CEO, Bala Parthasarathy, serial entrepreneur and investor, takes us through the various stages of his professional life, the lessons he has learnt and unlearnt along the way and his plans for MoneyTap, a consumer credit, fintech startup
