The Pune-based startup plans to deploy the money to fuel research and development initiatives, facilitate market penetration, strengthen customer support, and set up a robust sales and distribution network across major cities.
The fund raised will be used to scale the marketing and sales channels, as well as automate the product to help training businesses grow sales, and retain learners globally
The fintech platform plans to utilize the fund for accelerating the acquisition of new customers, building the product platform to provide customized solutions, ad expanding the sales ad technology teams
Despite backing so many start-ups in the last 10 years or so, in most of which they even got their fingers burnt, these angels along with new ones on the block now have an even bigger task ahead – to make the ecosystem as big as the Silicon Valley in the least time.