Imarticus Acquires $1 Million Funding From VC Fund and Others

Imarticus

4 March, 2016, India: In its recent funding round, Imarticus Learning has acquired US $1 million funding from VC Fund Blinc Advisors and others. The round also saw the participation from Amit Nanavati (IIM-A alumni), Tashwinder Singh (director of KKR), Anil Gudibande (1 Crowd Founder/former MD of RBS), Taranjit Jaswal (director at Barclays) and Amit Khanna (former partner at KPMG).

The firm plans to utilise the capital to expand its product portfolio and its e-learning business in India as well as take it to Asian markets, Imarticus said in a statement. Commenting on the investment, Amit Ratanpal, Founder and MD, Blinc Advisors said, “People are the product in the service industry and firms like Imarticus Learning, who study requirements and build relevant industry relevant programmes that are accessible across technology platforms pan-India and globally, are key to bridging the skill gap and helping companies meet their human capital requirements efficiently.”

Founded by Nikhil Barshikar and Sonya Hooja in 2012, it deals in providing almost 20 e-learning programs via its offline and online delivery channel. Apart from that, it also provides corporate training, train and hire mandates and management development to corporate sector that works on B2B platform.

 

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