Lancify, a Bengaluru-based startup that is building the world’s strongest young workforce by teaching young people new-age skills related to the latest SaaS tools, has announced an angel round of funding worth $300,000, according to YourStory report.
Investors that participated in the round are Techstars, Under 25, former Babajob executive Vir Kashyap, Hari TN, Head of HR at BigBasket; Brennan Loh, Executive at Shopify; Krish Ramachandran, Executive at Freshworks; Anil Advani, Founder at Inventus Law; and Ravi and Deepa Joshi, Founders of Keystone Logic.
Founded in 2018 by Gowtham Sundaresan and Azan Barodawala, Lancify has launched its edtech vertical Lancify Learn, which teaches young people new-age skills related to trending SaaS tools, equipping them to take on freelance work. It has a handful of courses such as digital marketing, design, analytics, and others. It said that it will add 10 courses in 2021 and grow its network of highly upskilled youth.
The co-founders — Gowtham Sundaresan and Azan Barodawala — both graduates of BITS Pilani Dubai, moved to Bengaluru immediately after graduating in 2019. Since then, Lancify has grown in numbers and strength, it claims in a statement.
Commenting on the development, Gowtham Sundaresan, Co-founder and CEO of Lancify said, “You know something is wrong when a Marketing student hasn’t heard of Hubspot until the first day on the job. The good news is, education is being democratised. And this is happening because employers all over the world are beginning to value actual skills more than degrees and certificates. This is where the opportunity for true innovation in edtech lies, and we’re super excited to be at the forefront of it.”
Lancify is backed by Colorado-based startup accelerator Techstars and marquee angel investors. Earlier in April, Techstars announced that it has concluded the training of its second batch in its Bengaluru cohort, and has invested a total of $1.2 million in the 10 startups that were part of the class, which included Lancify.
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