School of Accelerated Learning (SOAL), an alternate system of education that employs research and feedback driven methodologies to enable deeper and meaningful learning of future ready skills, announced that it has raised $1 million in Series A-1 funding from SARA Investments, the investment arm of the promoters of Munjal Auto Industries Ltd.
The Mumbai-based startup will utilise the funds for skilling 3,000+ learners from the country, and advance its digital footprint within India and other developing nations, reports YourStory.
Founded in 2017 by Pratik Agarwal, Varsha Bhambhani and Raj Desai, SOAL edifies and nurtures individuals who can drive and embrace disruption in this hyperconnected and rapidly evolving world. The driving thought behind SOAL is that people with a growth mindset will be more impactful than those with fixed mindset. As access to information gets easier, learning the semantics will be far more relevant than just rote learning the syntax.
Speaking on the investment round, SARA Investments’ Anuj Munjal said, “India has substantial potential to capitalise, owing to its massive population. Unfortunately, the discrepancies in the country’s formal education system keep it from fully tapping into this talent prospect. The country is still considerably lagging behind the global standards of contemporary education and innovation. Since digital is the only way forward, the youth needs to hone their skills in this direction.”
“The founding team at SOAL has made a brilliant headway in transforming the country’s youth into aspiring creators of digital products, and I wholeheartedly share their splendid passion,” Anuj added.
The startup will use the fresh funding towards augmenting its proprietary technology platform named DELTA, an AI-enabled personalised learning assistant. It is also gearing up to offer programmes in product management, artificial intelligence, android development, blockchain, and more.
Raj Desai, CEO and Co-founder at SOAL, added, “We, at SOAL, are constantly on a lookout for learners with a potential for tech disruption and launching them as India’s top product developers, designers, and managers. With the freshly raised funds, we will invest in their success and provide them with equal learning opportunities to meet the demands of the industry as it gets competitive. The next frontier for us will be emerging economies.”
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