Gurugram-based healthcare vocational institute Virohan said it has raised $2.8 million across seed and Series A funding.
As part of the total fund raise, the seed 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, 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 the company to continue to introduce and expand new virtual technologies in the vocational training segment allowing for greater accessibility, scalability and immersion at affordable costs.
“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,” the founders said in a joint statement.
The company will also use the funding to expand its 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 through its best-in-class blended learning platform. It has trained over 3,000 students and has a presence in over 20 cities.
The startup was incorporated in 2018 by the founders, Kunaal Dudeja (Co-founder & CEO), Nalin Saluja (Co-founder & CTO) and Archit Jayaswal (Co-Founder & CFO).
As part of the previous round, the company had also raised debt funding worth $270,000 from Yunus Social Business in January 2020.