Board Infinity, an edtech startup, based out of Noida, has raised ₹2.2 crore in an angel round from a clutch of angel investors. The startup will use the funds to improving the technology platform and expand its current learner base in Tier 2-3 cities.
While, prominent angel investors who had invested in Board Infinity includes Ambarish Raghuvanshi, ex-CFO of Infoedge; Maheshwer Peri, founder of Careers360, and others. Some of the individual investors from organizations like Bain & Co, DBS, Tata group, Expedia, Microsoft, Flipkart, Xiaomi, GE etc. AAS Regina Legal and Collab Advisors LLP advised the round.
“The Fourth Industrial Revolution is disrupting almost every industry, resulting in increased demand for new skills. We are solving this demand problem by building relevant supply in a very unique scalable way. We have disrupted learning engagement with more than 90% of customers completing our courses compared to typical averages of 10% in self-paced video courses. Our platform has scaled to more than 700 experts in the last 2 years impacting over 100,000 learners and job seekers. Corporates find immense value in onboarding talent from Board Infinity, “Sumesh Nair, co-Founder of Board Infinity, said.
Board Infinity startup was founded by Abhay Gupta and Sumesh Nair in 2017. It provides short skilling courses delivered by industry experts in live classes format across emerging technologies, management roles.
Whereas, the future of jobs report 2018, released by the World Economic Forum in 2018, showed that by 2022, about 54 per cent of all employees across the world would need significant re- and upskilling.