EduTech startup Rocket Skills has raised INR 2.2 Crores in a pre-seed funding, led by Better Capital, First Cheque and Titan Capital. Angel investors Harpreet Singh Grover (founder, Co-cubes), Aprameya (founder, Taxi for Sure and Koo), Abhinav Jain (founder, Shop101) and, Pravin Jadhav (ex-CEO Paytm Money, founder Raise) have additionally participated in this round. These fresh funds will be utilized in improving their product offerings and expanding the program to other sectors.
Founded in 2020 by Mohit Jain and Vibhu Bahuguna, the Gurgaon based startup aims to help entrepreneurs and small businesses with the resources to start a business and help contribute to the government’s vision of “Aatmanibhar Bharat.”
Commenting on the announcement, Mohit Jain, co-founder and CEO said, “Rocket Skills is on a mission to help people start their small business and by bridging the knowledge and accessibility gap in an affordable manner. We are delighted by our investor’s faith in achieving this goal as we embark on our quest to create millions of new entrepreneurs in the country.”
“MSME upskilling is a major white space and has the potential to dramatically improve the productivity and profitability of millions of MSMEs in India. Rocket’s laser focus on this opportunity is super exciting and we are glad to partner with Mohit and Vibhu from Day 1”, said Vaibhav Domkundwar of Better Capital, an early backer of breakout edtech companies like Teachmint, Skill-Lync, Stoa School, Filo, and others.
Harpreet Singh Grover, founder and Author who also participated in this round commented, “Rocketskills is probably the most unique EdTech that I have seen in the last 1 year. Being built for a Bharat which is aspiring to do their own business, earn money and grow in life. Mohit and Vibhu are in it for the long term.”
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.