Inzpira, a recognized IELTS, communicative English (Spoken English) & Soft-skills training company, has announced that it has bagged Rs 2.3 crore in its seed funding round. The funding round was co-led by Raj Nair, Chairman, Avalon Consulting, along with Gopinath Latpate, Executive Director, JLL.
Investors including Country Head – Retail Lending, HDFC Bank – Arvind Kapil, Joint VP at Piramal Capital – Yash Chamria, Executive Director at TIE Mumbai – Naveen Raju, Associate Partner at IBM – Ajay Nayar, Vedika Thorat, P Sreekumar, Abdul Gafoor, Jyoti Rahul Devjani, Dipen Shah, Akshar Panchmia, Manish Manoj, Vikas Sisodiya, Mannan Manoj, Pankaj Ramachandran, Michael Samuel, and Roshan Ajitkumar also participated in the round.
Speaking on the announcement, Rohith Namboothiri, Co-founder and CEO, Inzpira, commented, “Working professionals, despite realising the importance of attaining English language proficiency to advance in their career, simply cannot find time to join a program due to their busy work schedule and other commitments. At Inzpira, we are building a platform that provides on-demand live, individual language training where users can learn anytime according to their convenience, as easy as booking a cab or ordering food. We intend to revolutionise the language learning sector by giving both adults and kids an immersive learning experience by enabling them to practice and learn from hundreds of trainers.”
Raj Nair, Chairman at Avalon Consulting, added, “I have invested in Inzpira because I found that the promoters have a certain spark in them, besides a mature head on their shoulders. Most of all, they are playing in a large market that is underserved. There is also scope to add more value to customers through additional offerings in the future.”
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