Startup Deep Dive : Avishkaar — Raised Rs 5 crore pre-Series A in 2021 led by Auxano and Mumbai Angels

Avishkaar , legally Building Blocks Learning Solutions Pvt Ltd, is a New Delhi-based Indian edtech company that makes DIY robotics kits and coding courses for children aged 5 to 15.

This Startup Deep Dive explains what Avishkaar does, how it makes money, who backs it, how it compares with rivals and what could go wrong, using publicly available information. It is educational and not investment advice. Last updated: October 2026.

Avishkaar in Brief

  • What it is: Avishkaar is an Indian Robotics and coding education for kids (edtech) company based in New Delhi.
  • Who it serves: businesses, institutions, consumers, learners and public-sector buyers.
  • Offers robotics, AI, coding and app development for children aged 5 to 15 through hardware kits, software and live online classes.
  • Sells robotics kits, online courses and accessories.
  • Reports setting up over 1,500 robotics labs in schools and a presence in 5,000+ schools (self-reported).
  • Funding: $1.46M+ across 2 rounds.

Avishkaar Quick Facts

Company Avishkaar
Founded 2010
Headquarters New Delhi
Founders Tarun Bhalla, Rajeev Gaba, Yogita Bhalla
Sector Robotics and coding education for kids (edtech)
Total funding $1.46M+ across 2 rounds
Latest round Pre-Series A, Rs 5 crore, May 2021, led by Auxano Ventures and Mumbai Angels
Valuation Not disclosed
Website Not disclosed

Figures marked “reported” come from published reports and may differ between sources; “Not disclosed” means no reliable public figure was found.

What Is Avishkaar?

Avishkaar operates in the Robotics and coding education for kids (edtech) space in India. Understanding a company like this starts with three questions: who is the customer, what painful problem is being solved, and why the solution is better than the alternatives. The sections below apply that lens to Avishkaar.

  • Offers robotics, AI, coding and app development for children aged 5 to 15 through hardware kits, software and live online classes.
  • Sells robotics kits, online courses and accessories.
  • Reports setting up over 1,500 robotics labs in schools and a presence in 5,000+ schools (self-reported).

The Origin Story of Avishkaar

Every company starts from a noticed gap and a team willing to commit to closing it. Strong origin stories are specific: a clear problem, a founding team with relevant skills, and an early product that real customers could test. Founder-market fit, meaning the team’s lived experience or technical depth in the domain, tends to predict how fast a young company learns.

  • Founders: Tarun Bhalla, Rajeev Gaba, Yogita Bhalla.
  • Began by making DIY robotics kits and coding platforms for children.
  • Most profiles give 2010 as the founding year; another lists 2008 (reports differ).
  • Founders listed as Tarun Bhalla (co-founder and CEO), Rajeev Gaba and Yogita Bhalla; one profile also names Pooja Goyal as co-founder and COO.
  • Based in New Delhi.

Key Milestones and Challenges

No startup grows in a straight line. Early years usually involve slow adoption, product rewrites, hiring mistakes and funding gaps. In the Robotics and coding education for kids (edtech) sector the common turning points are a first paying customer, a regulatory approval, a successful product demonstration or a funding round that lets the team invest ahead of demand. How a team responds to setbacks says more about resilience than any single headline.

  • Feb 2018: Seed round of about $770K backed by Auxano.
  • May 2021: Rs 5 crore pre-Series A led by Auxano Ventures and Mumbai Angels, with angels Alok Mittal and Varun Aggarwal.
  • Funds were planned for product development, portfolio expansion, hiring and marketing, focusing on tier-I and tier-II cities.

Avishkaar Funding and Investors

Funding history shows how much outside confidence a company has attracted and how long it can operate before needing more capital. Figures below are reported and may differ between sources; valuation figures are estimates unless the company has confirmed them.

  • Feb 2018: about $770K (about $771.72K per one profile), led by Auxano.
  • May 2021: Rs 5 crore pre-Series A led by Auxano Ventures and Mumbai Angels, with Alok Mittal and Varun Aggarwal.
  • Valuation not disclosed.

How Does Avishkaar Make Money? (Business Model)

A business model describes who pays, how often and how much it costs to serve them. Strong models show repeat usage, improving margins with scale and acquisition channels that do not depend only on paid spend. Weak models show one-off sales, rising costs and growth that stops when spending stops. For companies selling to businesses, institutions, consumers, learners and public-sector buyers, sales cycles and contract size matter as much as headline growth.

  • Described as B2C, B2B and B2B2C: kits and live classes sold to families, and lab setups to schools.
  • The 2021 round coverage describes the focus as consumer (B2C).

The Numbers: Avishkaar Financials

Financial figures show whether growth is turning into a self-sustaining business. Small and private companies often disclose little, so any number below is included only if it was found in public reporting.

  • Revenue, profit and loss figures were not found.

Market Opportunity for Avishkaar

Market size is easy to exaggerate, so a useful approach separates the total market from the portion a company can realistically reach with its current product and distribution. The main forces behind demand in this sector are rising digital adoption, cloud and mobile penetration, growing enterprise technology spending, government digitisation programmes and a deep pool of engineering talent. Each of these widens the opportunity, but capital efficiency and execution decide who captures it.

  • Kids robotics and STEM education in India, plus international institutional interest.

Technology and Product at Avishkaar

Technology is rarely the whole moat, but it drives speed, cost and customer experience. A practical way to assess it is to separate the capability the company controls from the commodity infrastructure it rents. In this sector the important factors are product quality, data and integration depth, security, scalability and the speed of shipping improvements.

  • Modular robotics kits with companion software and live online classes.

Team and Culture at Avishkaar

Teams are the most important and least measurable asset of a young company. Look at how complementary the founders’ skills are, how deep the second layer of leadership is, and how the company hires and retains specialists. Culture shows up in small repeated behaviours: how quickly bad news travels upward and whether commitments to customers are kept.

  • Tarun Bhalla leads as CEO.
  • About 90 to 98 employees reported (reports differ).

Avishkaar Competitors: Competitive Landscape

A fair competitive analysis names direct rivals, adjacent players who could move into the space, and the customer’s default alternative. Durable advantages include proprietary data or technology, licences and approvals, brand trust, switching costs and cost leadership.

Competitor How it differs
Osmo Named by a market-data provider as a top competitor.
Sphero Named alongside Osmo.
STEMpedia Named as a top competitor in more than one profile.
ABL Education Named as a competitor by an AI-generated market summary.

Risks and Challenges for Avishkaar

  • No public revenue or profit data found.
  • Crowded kids STEM market.
  • Not to be confused with the unrelated impact investor Aavishkaar.
  • Competition: low barriers to entry and well-funded rivals can compress pricing and slow growth.
  • Funding risk: technology businesses often burn cash before reaching profit and depend on investor appetite.

Risk is not a reason to avoid a company; it is a reason to price it correctly and to monitor the right indicators over time. Regulation in this sector is shaped by data protection rules under the Digital Personal Data Protection Act, sector regulators, consumer protection law and IT rules.

Avishkaar Growth Outlook: What to Watch

  • Stated focus on India's tier-I and tier-II cities and responding to international institutional queries.
  • Key indicators: recurring revenue, customer retention, gross margin, customer acquisition cost and runway.
  • Funding position: Whether Avishkaar can reach its next milestone before needing new capital.
  • Regulation: Changes from data protection rules under the Digital Personal Data Protection Act, sector regulators, consumer protection law and IT rules.

Industry Context: Where Avishkaar Fits

India's technology startup ecosystem is one of the largest in the world, supported by cheap data, a large base of smartphone users, digital public infrastructure and a deep engineering talent pool. Companies now build for education, software, mobility, logistics, agriculture, defence, media and more, selling both to Indian customers and abroad.

Durable technology companies usually combine a clear customer problem with repeatable distribution and disciplined unit economics. Growth funded only by spending tends to fade, while products that customers keep using and paying for build compounding advantages.

For readers new to this field, a useful habit is to separate announcements from evidence. A plan, a partnership or a funding headline describes intent, while a delivered product, a paying customer or an audited financial statement describes results. Comparing the two over time shows how reliably a company turns promises into outcomes.

Bull Case and Bear Case for Avishkaar

An investment thesis is a short, testable statement of why a company could become far more valuable, together with what evidence would prove it wrong. The points below are general to this sector and are not forecasts for Avishkaar.

Bull case

  • A large and growing base of digital users and businesses expands the addressable market.
  • Recurring revenue and strong retention can compound growth.
  • Selling into global markets widens the opportunity beyond India.

Bear case

  • Heavy competition can compress pricing and margins.
  • Dependence on external funding can force painful cost cuts.
  • Regulation or platform changes can disrupt a product quickly.

Lessons Founders and Investors Can Take from Avishkaar

Studying a company in the Robotics and coding education for kids (edtech) space offers lessons that go beyond any single firm. The points below are general lessons for the sector and are not claims about Avishkaar.

  • Solving a clear, frequent customer problem matters more than adding features.
  • Retention and repeat usage are better health signals than sign-ups.
  • Disciplined spending extends runway and keeps options open when funding tightens.
  • Distribution, not just product quality, decides who wins in crowded markets.
  • Building trust through data protection and reliability is part of the product.

How to Evaluate Avishkaar as a Startup

  • Customer clarity: Can Avishkaar name its customer and the problem it solves in one sentence?
  • Evidence of demand: Look for repeat customers, signed contracts or measurable usage rather than announcements alone.
  • Economics: Check whether margins improve as volume grows.
  • Execution: Compare announced timelines with what has actually been delivered.
  • Funding runway: Estimate how long current capital lasts at the present spending rate.
  • Regulatory standing: Confirm required approvals are in place.
  • Customer concentration: Check whether a few customers account for most of the revenue.
  • Management depth: Look for experienced leaders beyond the founders and a stable core team.

The Takeaway

Avishkaar is part of India’s growing Robotics and coding education for kids (edtech) ecosystem. The useful lesson from studying it is the discipline of asking structured questions about customers, economics, advantage and resilience. Companies that answer them well, repeatedly and under pressure are the ones that endure. Readers should treat any single report, ranking or funding headline as one input among many, and should re-check key facts against recent company announcements. Because public information on young companies is often limited, patience in verifying claims is part of good analysis. Public sources can also describe the same company in different ways, so it is worth checking dates, definitions and whether a figure refers to revenue, total income or transaction value, and whether it covers one entity or a wider group, before drawing conclusions. Small differences in rounding, currency conversion or reporting periods can also change how a figure reads. Comparing the same figure across several recent reports helps show whether it is stable or has changed over time. This article is educational and is not investment advice.

  • Clear customers and repeat demand matter more than announcements.
  • Regulation and capital needs shape how fast a startup in this sector can grow.
  • Track a few leading indicators over time rather than one headline metric.

Avishkaar FAQs: Frequently Asked Questions

What is Avishkaar?

Avishkaar, legally Building Blocks Learning Solutions Pvt Ltd, is a New Delhi-based Indian edtech company that makes DIY robotics kits and coding courses for children aged 5 to 15. It is profiled in the Startup Deep Dive series, which explains business model, funding, competitors and risks.

Who founded Avishkaar?

Avishkaar was founded by Tarun Bhalla, Rajeev Gaba, Yogita Bhalla, and the company reports a founding year of 2010.

How much funding has Avishkaar raised?

$1.46M+ across 2 rounds. Funding figures are reported and may differ between sources, so readers should check the latest company announcements.

How does Avishkaar make money?

Avishkaar earns revenue from its Robotics and coding education for kids (edtech) products and services sold to businesses, institutions, consumers, learners and public-sector buyers. The exact revenue mix is described in the business model section and is not fully disclosed publicly.

Who are the competitors of Avishkaar?

Reported rivals include Osmo, Sphero, STEMpedia, ABL Education. See the competitor comparison above for how they differ.

What are the main risks for Avishkaar?

Main risks include competition: low barriers to entry and well-funded rivals can compress pricing and slow growth, funding and capital needs, competition and regulation by data protection rules under the Digital Personal Data Protection Act, sector regulators, consumer protection law and IT rules. This is educational content, not investment advice.

Related Startup Deep Dives: Castler — Castler: escrow fintech whose FY24 revenue grew over 3x | Brahmion SpaceTech — short profile of what is publicly known. Browse the full Startup Deep Dive series.

Source

Source: Publicly available data, published reports, industry research, and other credible sources.

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