EdTech startup Braingroom said it has raised Rs 1.5 crores from IAN, Social Alpha and Startup Oasis joined the round. The Chennai-based startup will use the funding to develop new courses and content in different languages and new product features. The company is also eyeing market expansion with a vision to train one million rural students and make them job-ready in the coming 3 years.
Braingroom was founded in 2017 by Madhula Sathyamoorthy, Naliene Ramasamy, and Kalaiarsi Periasamy as a multilingual online learning platform to create high-impact technical tools to facilitate quality learning outcomes for everyone.
Madhula Satyamoorthy, Co-Founder of Braingroom said, “In the next three years, we are aiming to train one million rural students and make them job-ready. We are grateful to have received the funding from IAN, Social Alpha, and Startup Oasis as we are also are looking to invest in expanding our brand to new markets.”
So far, Braingroom claimed to have trained around 35,000 students across India. It also works with various Corporate CSR Teams and NGO Foundations to train rural students across the nation.
Pradeep K Jaisingh, Lead Investor at IAN said, “Around 100 million students from middle- and lower-income families, especially from tier-2 and tier-3 cities are seeking upskilling and cross-skilling opportunities.”
Manoj Kumar, Founder and CEO of Social Alpha, said, “We invested in Braingroom seeing their commitment to democratize online learning and making it accessible to students in tier 2 and 3 cities. Braingroom’s model of integrating new-age technology into learning and skilling to uplift a student’s career trajectory and making them job-ready is the need of the hour as we see a huge number of youngsters entering the workforce in the coming years.’’
Going forward, the company is planning to build end-to-end training solutions for its B2B partners. Braingroom will add more components to the application-oriented learning approach for students and develop women-focussed Micro-Entrepreneurship courses, the company said.