India’s Edtech Startup SOAL Raises $1M from Munjal Auto Promoters’ Investment Arm

India’s Edtech Startup SOAL Raises M from Munjal Auto Promoters’ Investment Arm

School of Accelerated Learning (SOAL), a skill-tank nurturing students into disruptive, tech-empowered creators and future leaders, has raised Series A-1 funding round of about $1 million from SARA Investments, the investment arm of the promoters of Munjal Auto Industries Ltd.

The Mumbai-based startup will utilise the funds for skilling 3,000+ learners from the country, and advance its digital footprint within India and other developing nations.

Incepted in 2017, the edtech startup claims to have grown to prominence with an 8x rise in its students. In the last six months, it has launched a new course in product design, and a new campus in Mumbai. Nearly 400-plus individuals have been nurtured by the school so far, getting placed at global product companies like Dunzo, ClearTax, ShopClues, FactSet, and more.

The Mumbai-based startup, founded by trio Pratik Agarwal, Raj Desai, and Varsha Bhambhani-Kanwal, will utilise the freshly raised funds towards augmenting its proprietary technology platform named DELTA, an AI-enabled personalised learning assistant. It is also gearing up to offer programmes in product management, artificial intelligence, android development, blockchain, and more.

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