Springboard raises $11 million in post series A funding round

Springboard, an online learning platform, has raised $11 million in “post series A” round of funding led by Reach Capital, with participation from Pearson Ventures, International Finance Corporation (IFC), Costanoa Ventures, Learn Capital, and Blue Fog Capital. The company was founded by Parul Gupta and Gautam Tambay in 2013.

The company has also partnered with tech giant Microsoft to train and place 5,000 students into jobs over the next three years.

The company will utilize these funds to expand its operations, add courses and hire more talent to strengthen operations.

In a statement, Vivek Kumar, Managing Director, Springboard India, said, “Working professionals have to significantly upskill or re-skill every 3-5 years to advance in their careers. Our industry-designed programmes combined with in-depth, one-on-one mentorship and career guidance enable people to achieve their full potential.”

The company claims that it has provided training to 10,000+ student in 100+ countries with over 600 mentors.

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HrNxt Newsdesk

HrNxt.com Newsdesk has researchers and writers with an excellent domain knowledge about the talent ecosystem, and the business environment. The team keeps a tab on the latest happenings in the ecosystem to bring most relevant news and insights for our readers. You can connect with our newsdesk at newsdesk@hrnxt.com. 

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