Edtech platform SkilloVilla has raised $300K in a seed round of funding from Titan Capital and other investors. The funding saw participation from prominent industry leaders like Haresh Chawla, Partner at True North, ex-CEO Viacom-18 network group, Miten Sampat (currently building CRED, ex-Chief Strategy Officer - Times Internet), Aakrit Vaish (Co-Founder and CEO, Haptik) and Varun Alagh (Co-Founder and CEO, Mamaearth).
Ronak Agarwal, CEO & Co-Founder, SkilloVilla, said, “Having our bases set up in a country where 80% of the 1.5 million engineers that graduate every year remain unemployed or are employed in low skill jobs, aiding youngsters to land the job of their dreams and crafting a bright future for them is what keeps us going. We are glad that we have been backed by the best of the industry leaders to fulfil our mission. The investment raised will help us to brighten the future of aspiring job seekers."
Currently, SkilloVilla has more than 2000 students on its platform and aims to enable 2 million+ students and build their future in the coming years. It helps to aid youngsters to bag their dream job and craft a niche in their careers.
Commenting on the investment, Bipin Shah, Partner at Titan Capital, said, "Technology is changing at such a rapid pace and so are skills required to be employable. India now has the chance to dominate the supply of skilled employees to the whole world, but the sad reality is that many unskilled graduates are coming out of tier-2 colleges. SkilloVilla team is boldly solving this problem by upskilling the graduates and connecting with the right employer across the globe. We are super excited to support them in this journey."
SkilloVilla endeavors to bridge the skills gap and boost the careers of graduates. With the confirmation of the funding, it will be interesting to see how the Bengaluru based edtech platform expands their reach in their quest to upskill students to make them industry ready for jobs.