Online teaching academy enabler Edmingle has announced that it has secured $300K in its seed round from SucSEED Indovation Fund and Mumbai Angels.
Founder of ScaleX Partners – Gaurav Gulati and CEO of VCCircle – Jaideep Mehta also participated in the funding round.
Founder and CEO of Edmingle – Gaurav Doshi said, “Trainers have to rely heavily on marketplaces to sell their courses, often ending up sharing a large chunk of their earnings as commissions. With Edmingle, these trainers are now confidently running their courses on a platform they can call ‘Their Own’ and transforming their passion into a sustainable knowledge business.”
He further said, “The seed funding we raised from SucSEED Indovation Fund and such established angel investors will help us take our mission to the larger market and also further strengthen our technology and operations.”
Gaurav Gulati, Founder – ScaleX Partners, added, “The pandemic has resulted in a systematic shift in how educational content is consumed. Educators and entrepreneurs in this segment have no choice but to adapt to this new reality. Edmingle seamlessly empowers such professionals to take their educational business online and increase their earning potential; professionals in the educational segment can use the Edmingle white-label platform to build their own community and grow their own brand.”
Arya has been a part of the Content & Research Team at Hrnxt.com. She is a keen observer of economic developments, emerging businesses, people in business and keeps a tab on latest happenings in the business environment.