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Upskilling platform Weskill raises pre-seed round

EntrackrEntrackr · 5m ago
Upskilling platform Weskill raises pre-seed round
Medial

Upskilling Platform Weskill has raised an undisclosed amount in a pre-seed funding round at a valuation of Rs 40 crore from HNIs and Strategic Investors. The fresh funds will be channeled towards accelerating its expansion and enhancing cutting-edge AI-powered learning ecosystems, Weskill said in a press release. Founded in November 2023 by Prashant Prakash Dubey, Weskill aims to address the widening skill gap between traditional college education and the ever-evolving demands of the industry. The platform aspires to weed out the hassles of lack of alignment between academic curriculum and real-world job requirements by leveraging artificial intelligence to offer career counseling and personalized training modules, making upskilling more effective, accessible, and industry-relevant. To ensure high-quality experiential learning, Weskill states that it has established partnerships with top-tier universities, including EICT, IIT Guwahati, and several multinational corporations (MNCs). These collaborations enable the platform to deliver industry-relevant training to undergraduate students and early-stage professionals, equipping them with the skills required to excel in corporate environments. In addition to its upskilling programs, Weskill has developed an AI-based career counseling and mock interview platform and claims that it has already empowered over 170,000 students in enhancing their career trajectories. Over the next two years, Weskill intends to expand its impact by upskilling and guiding over 600,000 students across India with a strong focus on AI integration, innovative learning methodologies, and strategic industry collaborations. It competes with major players in the upskilling space such as Coursera, Scaler, Simplilearn, amongst others.

Tanglin leads $7.5 Mn round in Footprints Preschool & Daycare

EntrackrEntrackr · 3m ago
Tanglin leads $7.5 Mn round in Footprints Preschool & Daycare
Medial

Tanglin leads $7.5 Mn round in Footprints Preschool & Daycare Early childhood education and daycare startup Footprints Preschool & Daycare has raised $7.5 million in Series A funding, led by Tanglin Venture Partners. The proceeds will be used to accelerate the launch of new centres, deepen investment in smart surveillance and AI-driven learning systems, and enhance digital engagement with parents, Footprints said in a press release. Footprints Preschool & Daycare is an early childhood education and daycare chain in India. It focuses on holistic child development using the US-based HighScope Curriculum and places a strong emphasis on child safety and parental involvement. Footprints claims to operate numerous centres across 24 cities, serving over 48,000 parents, and provides features such as live CCTV access and a mobile app for parents to stay connected with their children. Footprints aims to reshape early childhood learning by integrating personalized care with technology-driven solutions and efficient operations. It prioritizes child safety through features such as live CCTV access, child-safe infrastructure, and thorough background checks for all staff. “Our focus has always been on creating safe, nurturing, and stimulating environments where every child’s potential is recognized and developed. With the support of Tanglin Venture Partners, we are now positioned to deepen our impact and bring our model to even more families across the country. Our commitment to trust, transparency, and technology-driven care remains the foundation of our growth,” said Raj Singhal, co-founder and CEO of Footprints. Tanglin Venture Partners, a venture capital firm founded by Ravi Venkatesh, a former Tiger Global executive, is gearing up to raise $250 million for its third fund. Its portfolio includes Pocket FM, Moglix, Sugar.fit, Good Flippin' Burgers, abCoffee, Scapia, Plum, Open, Ninjacart, Jupiter, and Rupeek, among others.

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