Virohan, a healthcare vocational institute that provides progressive livelihoods to youth from low-income backgrounds, announced that it has raised $2.8 million across its seed and series A funding rounds.
The seed funding round was led by Keiretsu Forum and Series A round was led by the elea Foundation for Ethics in Globalization and by the Singh Family Trusts, advised by Artha Impact, with participation from founders and National Skill Development Corporation.
A training partner of NSDC and a Yunus Social business Investee company, Virohan works with GE Healthcare and the Indian Medical Association (IMA) among others across India to provide youth with a career in the healthcare sector and make available trained workforce to the industry.
According to a statement, the fresh investment round will enable Virohan to continue to introduce and expand new virtual technologies in the vocational training segment allowing for greater accessibility, scalability and immersion at affordable costs. Specifically, the company will also use the funding to expand their content library by introducing standardized content to students in 15 additional languages and grow its partnerships from dozens to hundreds of institutions. Virohan’s vision is to educate more than a million students by 2025.
Incorporated in 2018 by Kunaal Dudeja, Nalin Saluja and Archit Jayaswal, Virohan bridges the gap between industry demand and the skills of the workforce by using its ‘technology skill stack’ through which they predict job demand for each job role across India, builds out the curriculum needed and delivers standardized training through blended and online learning.
“Workforce readiness is a huge problem in India. There is a huge disconnect between demand and supply of the skills in the workforce across sectors forcing youth to compromise on aspirations, income and location. We are thrilled to have the support of our incredible investors as we build the most efficient and scalable learning platform for current and future healthcare professionals,” said the startup founders in a joint statement.
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