Vans Skilling and Advisory, has raised an undisclosed amount from marquee investors including its existing nine investors in pre-series A funding.
The Marquee investors include names of several honchos like as Hemant Kaul – Ex MD and CEO at Bajaj Allianz, onboard of several listed companies and leading Fintechs like Ola Financial Services, Avail Finance; Sujan Sinha – Ex MD and CEO at Shriram Housing finance; Neeraj Tipre –formerly CEO at Piramal Glass (India, USA, and Srilanka); Sandeep Divakaran – Ex CEO and Board member at OLA Fleet technologies (ANI technologies); Sandeep Arora – Advisor, former CFO at the Piramal Group.
These funds will be utilized for upgrading technology as well as for expansion in the international markets.
"Our existing investors have re-invested in the company in the pre–Series A funding round. This shows their confidence in the growth story of Vans Skilling and Advisory. We will be utilizing the funds received in further expanding our reach," Dr. Srinivas said. He further said the company is planning for Series A funding in early to mid-2022.
VANS Skilling and Advisory partners with organizations in its journey through its unique "interim CXO and management model" and co-owns the outcome through rigor in execution. VANS, which is supported by its state-of-the-art research and knowledge center, has served clients in FMCG, housing finance, chemicals, consumer electrical, manufacturing, and new age internet companies over the last few years.
Vans Skilling and Advisory is part of the VANS Group, which has varied interests in diversified sectors such as Edtech, financial services including fin-tech and HR analytics.
"VANS Skilling and Advisory were formed with a deep driving goal of partnering with organizations in their transformation journey and in creating a sustainable stakeholder value. With its indigenously developed products, methodology, and focus on execution, VANS Skilling is uniquely poised to deliver business results across sectors, Dr. Srinivas said.
The co-founding and board includes Meenu Bhatia (Senior HR leader earlier with Piramal and Godrej group) and Visty Banaji (Former Group CHRO at Godrej, founder Banaji consulting) and Sujan Sinha (Ex CEO and MD at Shriram Finance).